ADX ENERGY LTD — Capital/Financing Update 2014

Oct 13, 2014

ASX Release

14 October 2014

ADX Share Purchase Plan

ADX Energy Ltd ( ASX:ADX ) is pleased to announce a Share Purchase Plan (“SPP”) for eligible shareholders.

The Company recognises the continuous support from all of its shareholders and is pleased to advise that those shareholders who are recorded on the Company’s share register as at 5pm (AWST) 13 October 2014 with a registered address in either Australia or New Zealand will be eligible to participate in the SPP.

Under the SPP, each eligible shareholder will be entitled to apply for up to A$15,000 of fully paid ordinary ADX shares at a subscription price of A$0.009 per share. The subscription price of the shares to be offered under the SPP represents a discount to the average closing price of the Company’s shares of 17% in the average price of the last 5 days on which sales in the securities were recorded.

The maximum amount to be raised under the SPP is limited to A$250,000 (before costs). Therefore the total number of shares to be issued under the SPP will be capped at 27,777,777 shares. ADX intends to accept valid applications on a first-come first-served basis and reserves the right to scale back applications should total demand exceed A$250,000.

Net funds from the SPP will be applied to provide further funds for exploration work programs for the company’s Tunisian and Romanian projects and for working capital.

ASX Release

The expected timetable for the SPP is as follows:-

Date	Event	Description
13 October 2014	Record Date	Date for determining eligibility to participate in the SPP offer.
17 October 2014	Offer documents sent	SPP offer documents sent to eligible shareholders
22 October 2014	Opening Date	SPP opens for acceptances.
5 November October 2014	Closing Date	SPP closes. Applications must be received by 5.00pm AWST.
12 November 2014	Allotment Date	Shares allotted and issued. Trading is expected to commence on ASX on next Trading Day.
12 November 2014	Quotation	Quotation of New Shares on ASX.
14 November 2014	Dispatch	Dispatch of shareholder statements.

• These dates are indicative only. ADX reserves the right to vary any of the above dates. SPP offer documents and application forms explaining how the new shares will be issued should shareholders wish to participate in the SPP will be despatched to eligible shareholders on 17 October 2014. The SPP offer document will also be available on the ASX website and on the Company’s website http://adx-energy.com/en/home.php from 17 October 2014.

For further details please contact :

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