REG - 88 Energy Limited - Issue of Equity

88 EnergyAnnouncement

06/07/2021 08:40

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:
 



88 Energy Ltd
Ashley Gilbert, Managing Director
 


Tel: +61 8 9485 0990
Email: investor-relations@88energy.com 
 




Finlay Thomson, Investor Relations
 


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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