Last checked at 8 Feb 2018 07:00
88 Energy Limited
ASX Trading Halt and Proposed Underwriting
88 Energy Limited (the "Company") announces that its shares have been placed in a trading halt on the Australian Securities Exchange ("ASX") pending the release of an announcement in relation to underwriting of listed options in the Company (the "Options"). The Options have a strike price of A$0.02 and an expiry date of 2 March 2018.
The Company confirms that no terms for any such underwriting have been agreed and there can be no guarantee that any transaction will be completed.
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