REG - 88 Energy Limited - ASX Trading Halt

88 EnergyAnnouncement

22/01/2020 07:00

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: +61 8 9485 0990




 


Email: admin@88energy.com




Finlay Thomson, Investor Relations 


Tel: +44 7976 248471




 


 




Hartleys Ltd


 




Dale Bryan


Tel: + 61 8 9268 2829




 


 




Cenkos Securities


 




Neil McDonald/Derrick Lee


Tel: + 44 131 220 6939




 
 
                                                               
 
 
 
 
 
 




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