88 Energy Limited Issue of Equity (8878E)
12 July 2021 - 4:51PM
UK Regulatory
TIDM88E
RNS Number : 8878E
88 Energy Limited
12 July 2021
12 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 42,230,000 fully paid shares
("Consideration Shares") at a deemed issue price of A$0.032 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 will be made for admission of the Consideration
Shares to trading on AIM ("Admission"), with Admission expected to
occur on 16 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 13,544,547,627 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 Relations Tel: +44 7976 248471
Fivemark Partners , Investor Tel: +61 410 276 744
and Media Relation Andrew Edge Tel: +61 422 602 720
/ Michael Vaughan
EurozHartleys Ltd Tel: + 61 8 9268 2829
Dale Bryan
Cenkos Securities Tel: + 44 131 220 6939
Neil McDonald / Derrick Lee
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