ELP Elixir Pet.

    RNS Number : 5392Y
  Elixir Petroleum Ltd
  08 July 2008
   

    Elixir Petroleum Limited
    (AIM : ELP)

    8 July 2008

    RESULTS OF ENTITLEMENT ISSUE


    ALLOTMENT OF SHORTFALL SHARES

    Elixir Petroleum Limited ("Elixir", or "Company"), the international exploration and production company advises that the Company has
completed the allotment and issue of 5,920,000 new fully paid ordinary shares at AU$0.27 per share to professional and sophisticated
investors ("Shortfall Shares"). Placement of the Shortfall Shares was previously announced to the market on 2 July 2008.
    Elixir expects that holding statements will be despatched to shareholders on or before 11 July 2008.

    Secondary Trading Exemption Notice

    The Corporations Act 2001 ("Act") restricts the on-sale of securities without disclosure, unless the sale is exempt under Section 708 or
708A of the Act. By Elixir giving this notice, on sale of the Shortfall Shares will fall within the exemption offered by Section 708A (5) of
the Act.

    Elixir hereby notifies the ASX (as the operator of the prescribed financial market on which the Shortfall Shares are to be quoted) under
Section 708A(5)(e) of the Act that:

    (a)    Elixir issued the Shortfall Shares without disclosure to investors under Part 6D.2 of the Act;
    (b)    As at the date of this notice Elixir has complied with the provisions of Chapter 2M of the Act as they
        apply to Elixir and with Section 674 of the Act; and
    (c)    As at the date of this notice there is no "excluded information" as defined in Section 708A(7) and (8) of
         the Act in relation to Elixir.




 For further information, please visit the Company's website at www.elixirpetroleum.com, or contact:

 Elixir Petroleum Limited                                                                Blue Oar Securities Plc
 Alex Neuling                                                                           Jerry Keen / Olly Cairns
 Tel: (+61) 8 9440 2650                                                   Tel: (+44) 207 448 4400 / (+61) 8 6430
                                                                                                            1631


 Conduit PR
 Jonathan Charles / Sarah Alexander
 Tel: (+44) 207 429 6666


This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
ROIUUURPMUPRUMR

Elixir Petroleum (LSE:ELP)
Historical Stock Chart
From May 2024 to Jun 2024

Elixir Petroleum (LSE:ELP)
Historical Stock Chart
From Jun 2023 to Jun 2024