88 Energy Limited

Issue of Equity

RNS Number : 8031U
88 Energy Limited
07 December 2021
 

 

 

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

 

Tel: +61 8 9485 0990

Email: [email protected]

 

Finlay Thomson, Investor Relation

Tel: +44 7976 248471

 

Fivemark Partners, Investor and Media Relation

Andrew Edge / Michael Vaughan

 

Tel: +61 410 276 744

Tel: +61 422 602 720

 

EurozHartleys Ltd

Dale Bryan

 

Tel: + 61 8 9268 2829

 

Cenkos Securities

Neil McDonald / Derrick Lee

 

Tel: + 44 131 220 6939

 

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