ADX ENERGY LTD — Capital/Financing Update 2014

Oct 20, 2014

ASX Release

21 October 2014

ADX – Listing Rule 7.1A.4(b) and 3.10.5A Placement Information

In accordance with ASX Listing Rules 7.1A.4(b) and 3.10.5A, the following information is provided:

• (a) A total of 83,333,333 ordinary fully paid shares were issued under the placement. Of this total, 54,536,717 shares were issued with security holder approval under ASX Listing Rule 7.1A, representing a dilution of 9.1% to the existing holders of ordinary shares caused by the issue.

The remaining 28,796,616 ordinary fully paid shares were issued with security holders approval under ASX Listing Rule 7.1

• (b) The Company issued shares as a placement to sophisticated and professional investors as this was considered to be the most expedient mechanism for raising funds. As announced on 14 October 2014, the Company has also offered a Share Purchase Plan to all existing shareholders at the same price as the shares were issued under the placement.

• (c) The placement was not underwritten.

• (d) Fees payable to the lead manager in connection with the placement are $35,000.

For further details please contact :

Wolfgang Zimmer Ian Tchacos Managing Director Chairman +61 (08) 9226 2822 +61 (08) 9226 2822 www.adxenergy.com.au