BPH Energy Limited (ASX:BPH) Increase Investment In Advent Energy Limited
Perth, Dec 21, 2010 AEST (ABN Newswire) - BPH Energy Ltd (
ASX:BPH) (formerly BPH Corporate Ltd) is pleased to advise that it has made a further investment in Advent Energy Ltd ("Advent") of A$14.4M.
A total of 11,520,000 ordinary fully paid shares with an issue price of A$1.25 have been issued to BPH Energy increasing their interest in Advent 27.42%.
About BPH Energy Limited
BPH Energy Limited (ASX:BPH) is an Australian Securities Exchange listed company developing biomedical research and technologies within Australian Universities and Hospital Institutes.
The company provides early stage funding, project management and commercialisation strategies for a direct collaboration, a spin out company or to secure a license.
BPH provides funding for commercial strategies for proof of concept, research and product development, whilst the institutional partner provides infrastructure and the core scientific expertise.
BPH currently partners with several academic institutions including The Harry Perkins Institute for Medical Research and Swinburne University of Technology (SUT).
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