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 [e-mail] [phone] Hartleys Ltd As Corporate Advisor Mr Dale Bryan [phone] United Kingdom Cenkos Securities Plc As Nominated Adviser Mr Neil McDonald  Tel: [phone] Mr Derrick Lee Tel: [phone]

 

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