Broker Option - Fully Subscribed

Attis Oil & Gas Ltd / Index: AIM / Epic: AOGL/ ISIN: VGG6622A1057 / Sector: Oil and Gas

28 May 2020

Attis Oil & Gas Ltd ('the Company')

Broker Option - Fully Subscribed

Further to the announcement made at 7am on 28 May 2020, the Company advises that the Broker Option - a facility to allow existing shareholders to participate in the Fundraise on similar terms to the Placing announced, has been fully subscribed for by existing shareholders of the Company. This brings the total amount raised by the Company under the Placing and Broker Option to £600,000 before expenses.

The Broker Option has raised £100,000 at a price of 0.0115p per share through the issue of 869,565,175 new ordinary shares.

Application has been made for the admission of 869,565,175 new ordinary shares (as announced at 7am today), conditional only on Admission, to trading on AIM. Trading in the new ordinary shares is expected to commence on 2 June 2020.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

**ENDS**

For further information visit www.attisog.com or contact the following: