Xcite Energy Regulatory News (XEL)

ABERDEENSHIRE--(Marketwire - June 14, 2012) -

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART
DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO
WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF
SUCH JURISDICTION

TSX-V, LSE-AIM: XEL

15 June 2012

Xcite Energy Limited
("Xcite Energy" or the "Company")

Additional Listing and Total Voting Rights

Further to the announcement in relation to the draw down on the Equity
Line Agreement issued on 13 June 2012, the Company announces that it
has received initial approval of the share issue by the TSX Venture
Exchange and it has therefore made an application for the admission to
AIM ("Admission") of 2,584,693 ordinary shares of no par value in the
capital of the Company (the "New Ordinary Shares").

The New Ordinary Shares shall rank pari passu with the Company's
existing issued ordinary shares of no par value ("Ordinary Shares") and
dealings are expected to commence on 20 June 2012.

Following Admission, the Company's enlarged issued share capital will
comprise 258,278,323 Ordinary Shares with one voting right per
share.There are no shares held in treasury.The total number of voting
rights in the Company is therefore 258,278,323.

This figure of 258,278,323 Ordinary Shares may be used by shareholders
in the Company as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or a
change in their interest in, the share capital of the Company under the
FSA's Disclosure and Transparency Rules.
ENQUIRIES:
Xcite Energy Limited +44 (0) 1483 549 063
Richard Smith Chief Executive
Officer
Rupert Cole Chief Financial
Officer

Oriel Securities (Joint Broker and Nomad) +44 (0) 20 7710 7600
Emma Griffin Partner
Michael Shaw Partner

Morgan Stanley (Joint Broker) +44 (0) 207 425 8000
Andrew Foster Managing Director

Pelham Bell Pottinger +44 (0) 20 7861 3232
Mark Antelme Director
Henry Lerwill Account Director

Paradox Public Relations +1 514 341 0408
Jean-Francois Meilleur Consultant

Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this
release.


This information is provided by RNS
The company news service from the London Stock Exchange

END



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