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METGASCO LTD — Capital/Financing Update 2018
Sep 25, 2018
65313_rns_2018-09-25_0a912f65-f067-43fe-b9a8-88290e17628a.pdf
Capital/Financing Update
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ASX / MEDIA RELEASE
ASX Code: MEL
26 September 2018
METGASCO RECEIVES BYRON ENERGY SHARES
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Metgasco has now received circa 3.76 million shares in Byron Energy from its conversion of the $1 million convertible note as announced 19 September 2018
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Metgasco’s shareholding in Byron Energy has increased to 6.05%
The Board of Metgasco Ltd ( ASX:MEL ) ( Metgasco or the Company ) advises shareholders that the Company has received 3,766,479 shares in Byron Energy Limited (ASX:BYE) ( Byron ) as a consequence of the recent conversion of $1 million of the remaining $4 million convertible notes, as announced on 19 September 2018. The conversion was at a 10% discount to the 30-day volume weighted average price (VWAP) of Byron’s ordinary shares.
Metgasco now holds 41,663,479 Byron Energy shares representing a 6.05% holding.
Contact and further information:
Metgasco welcomes shareholder communication and invites all interested shareholders to make contact at any time.
Metgasco recently presented at the RIU Good Oil Conference in Perth, Western Australia, on Thursday 13[th] September. A video of Metgasco Executive Director Ken Aitken’s presentation and the presentation itself are available at the company’s website, http://metgasco.com.au/presentations/riu-good-oil-conferencepresentation
ENDS
For further information contact:
Philip Amery Chairman + 61 402 019180 [email protected]
Metgasco Ltd ACN 088 196 383 Level 12, 680 George Street, Sydney NSW 2000 Tel:+61 2 9923 9100 Fax: +61 2 9959 5387 [email protected] www.metgasco.com.au
Ken Aitken
Executive Director +61 2 9923 9100 [email protected]