7 December 2021
88 Energy Limited
Issue of Equity
88 Energy Limited ("88 Energy" or the "Company", ASX:88E, AIM:88E, OTC:EEENF) issued 407,650,000 fully paid shares ("Consideration Shares") on 6 December 2021 as part of a pre-payment for services associated with the Merlin-2 well at a deemed issue price of A$0.026 per share.
Application will be made for admission of the Consideration Shares to trading on AIM ("Admission"), with Admission expected to occur on 10 December 2021. Following the issue of the Consideration Shares, which rank pari passu to the existing ordinary shares in the Company, the Company has a total of 14,811,076,196 ordinary shares in issue, all of which have voting rights.
Media and Investor Relations:
88 Energy Ltd Ashley Gilbert, Managing Director
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Tel: +61 8 9485 0990 Email: investor-relations@88energy.com
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Finlay Thomson, Investor Relation |
Tel: +44 7976 248471
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Fivemark Partners, Investor and Media Relation Andrew Edge / Michael Vaughan
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Tel: +61 410 276 744 Tel: +61 422 602 720
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EurozHartleys Ltd Dale Bryan
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Tel: + 61 8 9268 2829
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Cenkos Securities Neil McDonald / Derrick Lee
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Tel: + 44 131 220 6939 |