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Pin to quick picksOilex Regulatory News (OEX)

Share Price Information for Oilex (OEX)

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Share Price: 0.195
Bid: 0.18
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Change: 0.025 (14.71%)
Spread: 0.03 (16.67%)
Open: 0.17
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Oilex Ltd - Equity Raising July 2019 Clarification

Thu, 1st Aug 2019 09:39

RNS Number : 5446H
Oilex Ltd
01 August 2019


ASX Announcement





1 August 2019





Equity Capital Raising - Clarification

Oilex Ltd (Oilex or the Company) advises of a correction to yesterday's announcement titled "Equity Capital Raising of £0.34 Million".

The release stated in the first paragraph on page one that "…new shares at 0.13 pence (A$0.2330 cents) per share (Placing).".  The release should have said "…at 0.13 pence (AUD 0.2330 cents) per share (Placing)." 


The Company notes that completion of the Placing is anticipated on before 13 August 2019 and is conditional, inter alia, upon admission of the shares the subject of the Placing to trading on AIM. 


For and on behalf of Oilex Ltd


Mark Bolton

Chief Financial Officer and Company Secretary





For further information, please contact:

Investor Enquires

Oilex Ltd

Joe Salomon

Managing Director

Email: oilex@oilex.com.au

Tel: +61 8 9485 3200


AIM Broker

Novum Securities


Colin Rowbury

Email: crowbury@novumsecurities.com

Tel: +44 20 7399 9427


AIM Nominated Adviser

Strand Hanson Limited

Nominated Adviser

Rory Murphy/Ritchie Balmer   

Email: oilex@strandhanson.co.uk

Tel: +44 20 7409 3494


Media Enquires (UK)

Vigo Communications

Public Relations

Patrick d'Ancona/Chris McMahon

Email: patrick.dancona@vigocomms.com


Tel:+ 44 20 7390 0230


Media Enquiries (Aus)


Michael Weir

Email: mweir@citadelmagnus.com

Tel: +618 6160 4900



This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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