ASX Trading Halt

RNS Number : 7416V
88 Energy Limited
20 April 2016
 

88 Energy Limited

 

ASX Trading Halt

 

88 Energy Limited (the "Company") announces that its shares have been placed in a trading halt on the Australian Securities Exchange ("ASX") pending the release of an announcement in relation to a potential capital raising. The shares in the Company will continue to trade on AIM during this period.

 

It is currently intended that any such capital raising will utilise the Company's existing authorities and will not be subject to shareholder approval.  The Company confirms that no terms for any such capital raising have been agreed and there can be no guarantee that a capital raising will be completed.

 

For further information:

 

Australia




88 Energy Ltd

admin@88energy.com

+61 8 9485 0990




Hartleys Ltd

As Corporate Advisor

Mr Dale Bryan

+61 8 9268 2829




United Kingdom




Cenkos Securities Plc

As Nominated Adviser


Mr Neil McDonald

 Tel: +44 (0)131 220 9771 / +44 (0)207 397 1953

 

Mr Derrick Lee

Tel: +44 (0)131 220 9100 / +44 (0)207 397 8900

 

 

 

 


 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCSEESMSFMSEIL
UK 100

Latest directors dealings