ADX ENERGY LTD — Capital/Financing Update 2012

Aug 21, 2012

22 August 2012

ADX: Completion of Capital Raising via Placement

ADX Energy Limited (ASX:ADX) is pleased to announce the completion of a placement to sophisticated investors eligible under s.708 of the Corporations Act (2001) of 47,058,825 new shares at 1.7¢ per share to raise $800,000.

The funds raised in conjunction with the Company’s current cash resources will primarily be used to fund the Company’s working capital requirements. ADX planned exploration operations in Romania are expected to be funded via the existing farm out to RAG announced on 23 May 2012. The Company’s planned appraisal of the Dougga discovery and the drilling of compelling 3D defined near field exploration prospects in the Sicily Channel, is expected to be funded via future farm outs.

The Placement is unconditional and will settle on Monday 27 August. After settlement and issue of new shares the Company will have 485,367,175 shares on issue. Patersons Securities Limited (“Patersons”) was the Lead Manager for the placement.

For further details please contact

Wolfgang Zimmer Ian Tchacos Managing Director Chairman +61 (08) 9226 2822 +61 (08) 9226 2822

www.adxenergy.com.au