88E 88 Energy Limited

TIDM88E

RNS Number : 5010A

88 Energy Limited

22 January 2020

88 Energy Limited

ASX Trading Halt

88 Energy Limited (the "Company") announces that its shares have been placed in a trading halt on the Australian Securities Exchange ("ASX") pending the release of an announcement in relation to a potential capital raising.

The trading halt will remain until the earlier of an announcement to the market regarding the above or the opening of trade on ASX on 24 January 2020 and the shares in the Company will continue to trade on AIM during this period.

It is currently intended that any such capital raising will utilise the Company's existing authorities and will not be subject to shareholder approval. The Company confirms that no terms for any such capital raising have been agreed and there can be no guarantee that a capital raising will be completed.

For further information:

 
 88 Energy Ltd 
 Dave Wall, Managing Director         Tel: +61 8 9485 0990 
                                      Email: admin@88energy.com 
 Finlay Thomson, Investor Relations   Tel: +44 7976 248471 
 
 Hartleys Ltd 
 Dale Bryan                           Tel: + 61 8 9268 2829 
 
 Cenkos Securities 
 Neil McDonald/Derrick Lee            Tel: + 44 131 220 6939 
 

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January 22, 2020 02:00 ET (07:00 GMT)

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