ASX Trading Halt

RNS Number : 5010A

88 Energy Limited

22 January 2020

 

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 trading halt will remain until the earlier of an announcement to the market regarding the above or the opening of trade on ASX on 24 January 2020 and 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:

88 Energy Ltd
Dave Wall, Managing Director	Tel: [phone]
	Email: [e-mail]
Finlay Thomson, Investor Relations	Tel: [phone]
Hartleys Ltd
Dale Bryan	Tel: + 61 8 9268 2829
Cenkos Securities
Neil McDonald/Derrick Lee	Tel: + 44 131 220 6939

 

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