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88 Energy Limited - ASX Trading Halt

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: [email protected]

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

 

 

                                                               

 

 

 

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: 88 Energy Ltd

Price: 1

Market: AIM
Market Cap: £71.1 m
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