BPH Energy Limited recently announced the issuance of new fully paid ordinary shares, including free Attaching Options, at an issue price of $0.018 per share. The Placement aimed to raise funds for various purposes, with a significant portion allocated towards the exploration and development of oil and gas investments, working capital, and funding for Cortical Dynamics. Oakley Capital and 62 Capital served as Joint Lead Managers for the Placement. The article highlighted the specific amounts allocated for each purpose and the involvement of key entities in the process. Notably, BPH's investee, Clean Hydrogen Technologies, received investments for hydrogen production technology, including share options and patents for enhancing hydrogen production. The parties involved in the Clean Hydrogen venture, including Advent Energy Ltd, participated in various agreements and shareholder approvals to further their interests in Clean Hydrogen. The Cash Consideration and Additional Cash Consideration were designated for the design and production of a hydrogen reactor and new patents relevant to hydrogen production. Additionally, Advent Energy Ltd, in a joint venture with Bounty Oil and Gas NL, faced legal challenges related to the PEP-11 Permit, seeking a decision from the Joint Authority within a specified timeframe. The positive sentiment towards energy investments and hydrogen technology was evident throughout the article, showcasing BPH's commitment to advancing in these sectors in Australia.