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XSTATE RESOURCES LIMITED — Capital/Financing Update 2017
Feb 16, 2017
66107_rns_2017-02-16_c9606a49-7158-4109-9341-e12fad537213.pdf
Capital/Financing Update
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MARKET RELEASE
17 February 2017
Xstate Resources Limited
SUSPENSION
The securities of Xstate Resources Limited (the “Company”) will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement.
Security Code: XST
Mauro Piccini
SENIOR ADVISER, LISTINGS COMPLIANCE (PERTH)
Level 40 Central Park www.asx.com.au 152-158 St Georges Terrace Customer service 13 12 79 Perth WA 6000
Phone: 08 9224 0000
ASX Compliance Pty Limited ABN 26 087 780 489
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ABN 96 009 217 154
17 February 2017
Jeremy Newman Senior Adviser, Listings Compliance (Perth) ASX Limited Level 40, Central Park 152-158 St George's Terrace Perth WA 6000
Dear Jeremy,
VOLUNTARY SUSPENSION
Pursuant to ASX Listing Rule 17.2 Xstate Resources Limited (Company) (ASX: XST) requests a voluntary suspension of its securities with immediate effect, pending an announcement to be made by the Company in relation to its recently announced capital raising and acquisition of assets in the USA.
The Company requests that the suspension continues until the release of an announcement, which is expected to be no later than close of business on Tuesday 21 February 2017.
The Directors are not aware of any reason why the voluntary suspension of Company’s securities should not be granted.
For and on behalf of the Board of Xstate Resources Limited
For further details please contact:
Cosimo Damiano David McArthur Managing Director Non Executive Director/Company Secretary Xstate Resources Limited Xstate Resources Limited Tel Office: +61 8 9423 3200 Tel Office: +61 8 9423 3200 Email: [email protected] Email: [email protected]
About Xstate Resources Limited
Xstate Resources (ASX Code: XST) is an ASX listed company focused on the oil and gas sector. The Company has existing gas exploration assets located in the Sacramento Basin, California and minor associated gas production.
Level 2, 55 Carrington Street, Nedlands WA 6009 | Tel + 61 8 9423 3200 | Fax +61 8 9389 8327 www.xstate.com.au