79dfbe0d-2eea-4e4c-b330-bfcc8a67e1d6.pdf
Marenica Energy Limited C/- AMRC Building 7 Conlon Street
Waterford WA 6152 www.marenicaenergy.com.au
27th April 2016
ASX Announcement
----------------------------------------------------------------------------------------------------------------------------- -----------------
Completion of Capital Raising - $747,008 Raised in SPP and Placement
----------------------------------------------------------------------------------------------------------------------------------------------
Marenica Energy Ltd ("Marenica" or "the Company") is pleased to announce a further increase in the amount raised during the recent capital raising completed by the Company.
Immediately after the completion of the Share Purchase Plan (SPP) offer, Mingsun Technology Co., Limited agreed to subscribe to 400,064 new shares in Marenica at an issue price of 12.4c per share for a total investment of
$49,608.
The placement of these shares occurred under the Company's existing placement capacity and took place concurrently with shares issued to other investors participating in the capital raising.
This increases the total funds raised by Marenica from $697,400 to a total of $747,008. The Company welcomes the ongoing support received from Mingsun.
Further, the Board would like to express its appreciation for the involvement of its shareholders during this capital raising and welcomes the new investors that have participated in the share placement.
- END -
For further information please contact: Murray Hill
CEO - Marenica Energy Limited T: +61 8 6555 1816
E: [email protected]
Media Inquiries Ian Howarth Hintons
Mob: 0407 822 319
E: [email protected]
1