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IMEXHS LIMITED — Capital/Financing Update 2011
May 9, 2011
65120_rns_2011-05-09_fd8071d3-c100-4600-82ac-672d0c023b60.pdf
Capital/Financing Update
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ASX Code: SWW
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9 May 2011
Company Announcements Office Australian Securities Exchange Level 4 Exchange Centre 20 Bridge Street Sydney NSW 2000
SWW Energy Limited (SWW) raises $2.5 million to re-list on the ASX
The Directors of diversified biofuel and resource exploration company SWW Energy Limited ( SWW or the Company ) are pleased to announce the successful completion of the Company’s $2.5 million capital raising which closed heavily oversubscribed due to the significant support received from sophisticated and professional investors.
The capital raising was managed by Hemisphere Investment Partners Pty Ltd as the Proponent to the Deed of Company Arrangement with the funds raised via Fosters Stockbroking Pty Ltd and Patersons Securities Limited who introduced high net worth investors to the Company.
The Company is currently working with the Australian Securities Exchange (ASX) to satisfy the final conditions and apply for the re-quotation of the Company’s securities to the Official List of the ASX. The Company will continue to update shareholders of the anticipated re-quotation timetable. It is the Directors intention to apply for quotation as soon as the outstanding conditions have been satisfied.
It is anticipated that the Company’s securities will be reinstated within the next 2 to 3 weeks.
Any shareholder queries should be directed to the Company on +61 (8) 9486 4036.
Yours faithfully,
Gino D’Anna
Director and Company Secretary Solverdi Worldwide Limited
SWW Energy Limited Level 8, 225 St Georges Terrace Perth WA 6000