1st Jul 2021 10:11
1 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 203,634,883 fully paid shares ("Consideration Shares") at a deemed issue price of A$0.026 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 has been made for admission of the Consideration Shares to trading on AIM ("Admission"), with Admission expected to occur on 7 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 13,350,180,095 ordinary shares in issue, all of which have voting rights.
Media and Investor Relations:
88 Energy Ltd Ashley Gilbert, Managing Director | Tel: +61 8 9485 0990 Email: [email protected]
|
Finlay Thomson, Investor Relations
| Tel: +44 7976 248471 |
Fivemark Partners, Investor and Media Relation Andrew Edge / Michael Vaughan
| Tel: +61 410 276 744 Tel: +61 422 602 720 |
EurozHartleys Ltd Dale Bryan
| Tel: + 61 8 9268 2829
|
Cenkos Securities Neil McDonald / Derrick Lee
| Tel: + 44 131 220 6939 |
Related Shares:
88 Energy