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METGASCO LTD Capital/Financing Update 2015

Apr 14, 2015

65313_rns_2015-04-14_e5bc58b4-b9ca-4ccb-83c0-72cc0a2b6256.pdf

Capital/Financing Update

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ASX / MEDIA RELEASE

ASX Code: MEL

15 April 2015

Repayment of funds lent under convertible loan facility

Metgasco Limited (ASX: MEL) announces that it has been repaid $1,749,456 being all funds lent to Elk Petroleum Limited under the convertible loan facility, including accrued interest.

ENDS

For further information contact: Peter J Henderson Sean Hooper Managing Director & CEO Chief Financial Officer

Metgasco Limited ACN 088 196 383 Level 11, 2 Elizabeth Plaza, North Sydney NSW 2060 Tel:+61 2 9923 9100 Fax: +61 2 9923 9199 Web: www.metgasco.com.au

For media inquiries contact: Helen McCombie, Citadel: 9290 3033 or 0411 756 842