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ADX ENERGY LTD — Capital/Financing Update 2014
Nov 9, 2014
64308_rns_2014-11-09_49ea8b7f-371b-4ed7-bbff-dff14a561f25.pdf
Capital/Financing Update
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ASX Release
10 November 2014
ADX Energy Share Purchase Plan Offer Oversubscribed
ADX Energy Ltd (ASX:ADX) is pleased to announce that the Share Purchase Plan offer to eligible shareholders announced on 14 October 2014 to raise a maximum of A$ 250,000 was over‐subscribed by approximately 40%.
The Share Purchase Plan which was priced at A$0.009 per share, closed on 5 November 2014.
The Board of ADX welcomes the support from the Company’s shareholders. ADX will utilise the proceeds of the Share Purchase Plan, together with the recent placement, to fund its exploration projects in Tunisia and Romania as well as working capital.
For further details please contact: Wolfgang Zimmer Ian Tchacos Managing Director Chairman +43 (0)1 6410 189 +61 (0)8 9226 2822 www.adxenergy.com.au
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