RE: News21 Mar 2021 23:18
22 March 2021
The Directors of the Company provide a notice for the purposes of section 708A(5)(e) of the
Cleansing Notice Corporations Act 2001 (Cth) (Corporations Act).
The Company has today issued 360,000,000 fully paid ordinary shares (Shares) to a professional and sophisticate investor at an issue price of A$0.018 per Share.
The Shares were issued under the Company’s 10% Placement Capacity under Listing Rule 7.1A. The Shares are part of a class of securities quoted on ASX and may be subject to a subsequent offer for sale.
The Company issued the above Shares without a disclosure document under Part 6D.2 of the Corporations Act.
The Company, as at the date of this notice, has complied with:
(a) the provisions of Chapter 2M of the Corporations Act; and
(b) section 674 of the Corporations Act.
As at the date of this notice, there is no excluded information, as defined in sections 708A(7) and 708A(8) of the Corporations Act, that is reasonable for investors and their professional advisers to expect to find in a disclosure document. An Appendix 2A in respect of the above securities was released on 22 March 2021.
Yours faithfully
Dave Wall Managing Director 88 Energy Ltd