RNS Number : 2983E
88 Energy Limited
06 July 2021
6 July 2021
88 Energy Limited
Issue of Equity
88 Energy Limited ("88 Energy" or the "Company", ASX:88E, AIM:88E, OTC:EEENF) has today issued 152,137,532 fully paid shares ("Consideration Shares") at a deemed issue price of A$0.035 per share pursuant to
88 Energy's acquisition of a 50% working interest in Project Peregrine from Alaska Peregrine Development Company, LLC ("APDC"),
which was announced on 7 June 2021.
Application has been made for admission of the Consideration Shares to trading on AIM ("Admission"), with Admission expected to occur on 9 July 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 13,502,317,627 ordinary shares in issue, all of which have voting rights.
Media and Investor Relations:
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88 Energy Ltd
Ashley Gilbert, Managing Director
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Tel: +61 8 9485 0990
Email:
[email protected]
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Finlay Thomson
, Investor Relations
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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
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