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FIN RESOURCES LIMITED — Capital/Financing Update 2015
May 17, 2015
64920_rns_2015-05-17_cecb9ee2-eaca-4f5e-8908-1936a7acbf94.pdf
Capital/Financing Update
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18 May 2015
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Manager of Company Announcements ASX Limited Level 8 Exchange Plaza 2 The Esplanade PERTH WA 6000
Via E-‐Lodgement
**COMPLETION
OF COOPER BASIN ASSETS SALE**
Orca Energy Limited (ASX: OGY) (the Company or Orca ) is pleased to advise that it has completed the sale of its Cooper Basin assets to Senex Energy Limited (ASX: SXY). Orca received the balance amount of $1,400,000 from Senex on Friday afternoon. In total, the Company received just over AUD $2,000,000 for the sale of PPL 251, PRL 117 and PEL 110 (together the Cooper Basin Assets – refer ASX Announcement 13[th] March 2015).
As the sale was one of the conditions precedent to the recently announced Subscription Agreement (Agreement) with Bentley Resources Pte Ltd (Bentley) and Trepang Services Pty Ltd (Trepang), the Company now only requires a General Meeting of shareholders to approve the transaction. The meeting is expected to be convened in late June and shareholders will be advised once the Notice of Meeting has been dispatched.
For and on behalf of the Board
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Greg Bandy Managing Director
BOARD & MANAGEMENT Mr Greg Bandy MANAGING DIRECTOR Mr Jason Bontempo NON-‐EXECUTIVE DIRECTOR Mr Nathan Rayner NON-‐EXECUTIVE DIRECTOR Mr Aaron Bertolatti COMPANY SECRETARY
REGISTERED OFFICE Level 1 35 Richardson Street West Perth WA 6005
POSTAL ADDRESS PO Box 1440 West Perth WA 6872
CONTACT DETAILS Tel: +61 8 9212 0102
WEBSITE www.orcaenergy.com.au
SHARE REGISTRY Advanced Share Registry 150 Stirling Highway Nedlands WA 6009
ASX CODE OGY
Media Enquiries
Brunswick Group +65 6426 8188 Kate Holgate Pooja Gupta-‐Fricke