Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

ADX ENERGY LTD Capital/Financing Update 2014

Nov 9, 2014

64308_rns_2014-11-09_49ea8b7f-371b-4ed7-bbff-dff14a561f25.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

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

==> picture [562 x 264] intentionally omitted <==