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ODYSSEY GOLD LTD Share Issue/Capital Change 2014

Aug 6, 2014

65484_rns_2014-08-06_cbf81192-3cdb-4099-a10b-a30833543d87.pdf

Share Issue/Capital Change

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ASX ANNOUNCEMENT

7 August 2014

COMPLETION OF SHARE CONSOLIDATION

The Board of Odyssey Energy Limited (“ Odyssey ” or “ Company ”) advises that the consolidation of the Company’s capital, on the basis of 1 share for every 10 existing shares, as approved by shareholders at a General Meeting of shareholders on 24 July 2014, has now been completed. The numbers of Options on issue have also been consolidated on a 1 for 10 basis, with the exercise price of the Options increasing in inverse proportion to the consolidation ratio (“ Consolidation ”).

The effect of the Consolidation on the capital structure is as follows:

Ordinary Shares Options
Capital structure pre Consolidation 436,707,975 185,489,080
Capital structure post Consolidation 43,670,728 18,548,856

Notices have been sent to shareholders and optionholders advising of their pre and post consolidation holdings.

For enquiries, please contact:

Dylan Browne | Company Secretary Tel: +61 8 9322 6322

ABN: 73 116 151 636 ASX:ODY Level 9, BGC Centre, 28 The Esplanade, Perth WA 6000 Tel: +61 8 9322 6322 Fax: +61 8 9322 6558