| Completion of Shortfall for Entitlement Issue | |
| | |
|
FAX
ASX ANNOUNCEMENT
19 March 2015
COMPLETION OF SHORTFALL FOR ENTITLEMENT ISSUE
Wildhorse Energy Limited ("Wildhorse" or "Company") is pleased to announce that the Company has now completed the previously announced shortfall offer by issuing the remaining 28,010,305 Shares at an issue price of $0.05.
With the shortfall now completed, Wildhorse has cash on hand of approximately $3.6 million which places the Company in a strong financial position to progress its current project and to pursue new business opportunities in the resource and other sectors both domestically and overseas. In this regard, the Company will make announcements to the market as appropriate should an acquisition occur.
An Appendix 3B in relation to the Offer was announced to the ASX on 15 December 2014.
For enquiries, please contact:
Sam Cordin | Company Secretary
Tel: +61 8 9322 6322
ABN: 98 117 085 748 ASX:WHE
Level 9, BGC Centre, 28 The Esplanade, Perth WA 6000
Tel: +61 8 9322 6322 Fax: +61 8 9322 6558
|
|
|
WildHorse Energy Ltd.
|
|
EXPLORATION STAGE |
CODE : WHE.AX |
ISIN : AU000000WHE4 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
WildHorse Energy is a uranium exploration company based in Australia. WildHorse Energy holds various exploration projects in Hungary and in Paraguay. Its main exploration properties are MECSEK HILLS, PÉCS PROJECT and BÁTASZÉK in Hungary and CAAZAPA PROSPECT in Paraguay. |