88 Energy Limited Issue of Shares (8576V)
April 19 2021 - 1:07AM
UK Regulatory
TIDM88E
RNS Number : 8576V
88 Energy Limited
19 April 2021
19 April 2021
88 Energy Limited
Issue of Shares
88 Energy Limited ("88 Energy" or the "Company", ASX:88E,
AIM:88E, OTC:EEENF) has today issued 44,000,000 fully paid ordinary
shares at a deemed issue price of A$0.022 per share in lieu of cash
payments totalling A$968,000 to a contractor providing services
during the Merlin-1 drilling operations.
Application will be made for admission of the new ordinary
shares to trading on AIM ("Admission"), with Admission expected to
occur on 23 April 2021. Following the issue of the new ordinary
shares, which rank pari passu to the existing ordinary shares in
the Company, the Company has a total of 12,566,090,431 ordinary
shares in issue, all of which have voting rights.
Media and Investor Relations:
88 Energy Ltd Tel: +61 8 9485 0990
Dave Wall, Managing Director Email: admin@88energy.com
Finlay Thomson, Investor Relations Tel: +44 7976 248471
EurozHartleys Ltd Tel: + 61 8 9268 2829
Dale Bryan
Cenkos Securities Tel: + 44 131 220 6939
Neil McDonald/Derrick Lee
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