REG - 88 Energy Limited - Issue of Equity

88 EnergyAnnouncement

07/12/2021 07:00

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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                                   Tel: +61 8 9485 0990

 Ashley Gilbert, Managing Director               Email: investor-relations@88energy.com

 Finlay Thomson, Investor Relation               Tel: +44 7976 248471

 Fivemark Partners, Investor and Media Relation  Tel: +61 410 276 744

 Andrew Edge / Michael Vaughan                   Tel: +61 422 602 720

 EurozHartleys Ltd                               Tel: + 61 8 9268 2829

 Dale Bryan

 Cenkos Securities                               Tel: + 44 131 220 6939

 Neil McDonald / Derrick Lee

 

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