1 Jul 2015 07:27
1 July 2015
Mr Ben Tippett
Australian Securities Exchange Limited
Level 40, Central Park
152-158 St George's Terrace
PERTH WA 6000
By email: tradinghaltsperth@asx.com.au
Trading halt request
Oilex Ltd (ASX: OEX, AIM: OEX) (Oilex) requests a trading halt in the quotation of its ordinary shares effective immediately.
Pursuant to ASX Listing Rule 17.1, Oilex provides the following information:
· the trading halt is requested pending the outcome of a proposed capital raising;
· Oilex requests the trading halt remain in place until the earlier of such time as it is in a position to make an announcement in relation to the outcome of the proposed capital raising and the commencement of trading on Friday 3 July 2015; and
· Oilex is not aware of any reason why the trading halt should not be granted, or of any other information available at this stage that is necessary to inform the market or the ASX about the trading halt.
Yours faithfully
Chris Bath
Chief Financial Officer and Company Secretary