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VOLT GROUP LIMITED — Capital/Financing Update 2012
Oct 28, 2012
66016_rns_2012-10-28_f23b1184-a1de-4bdf-b425-735b83ae8bfe.pdf
Capital/Financing Update
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29 October 2012
The Manager Company Announcements Office ASX Ltd
Placement
Perth-based clean power company Enerji Limited ( Company )(ASX:ERJ) has received commitments for approximately $820,000 (before costs) in a placement of 102,500,000 shares at 0.8c per share with 1 attaching option (ERJOA) for every 2 shares purchased.
The placement is to private investors under sections 708(8) and 708(10) of the Corporations Act. This placement has been approved by shareholders at the general meeting dated 2[nd] October 2012.
The placement funds will be used to fund work in preparing for future customers, continuation of the Carnarvon project and the Company’s working capital requirements.
Enquiries:
Greg Pennefather Enerji Limited +61 8 9268 3800
Rudi Michelson Monsoon Communications +61 3 9620 3333
www.enerji.com.au
About Enerji
Enerji Limited is a Perth-based clean power company focussed on commercialising the Opcon Powerbox in Australia.
The Opcon Powerbox cogeneration technology transforms waste heat into electricity and therefore creates significant energy cost savings and reduced CO2 emissions for its customers.
The Opcon Powerbox, manufactured in Sweden by Opcon, represents a significant commercial opportunity through application to industrial, mining and power generation operations.
Enerji plans to maximise this opportunity and generate shareholder returns through long-term power purchase agreements.
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10 Ord Street, West Perth WA 6005. PO Box 1933, West Perth WA 6872 Telephone: +618 9268 3800 Facsimile: +618 9226 2018