Carbon Energy

Published : April 06th, 2016

Trading Halt

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Keywords :   Australia | Georgia | K Street | Market |

Trading Halt

cf19fd92-0c80-4fc4-a3fd-59dade416a1f.pdf


MARKET RELEASE

6 April 2016


Carbon Energy Limited


TRADING HALT


The securities of Carbon Energy Limited (the "Company") will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Friday, 8 April 2016 or when the announcement is released to the market.


Security Code:

CNX CNXO CNXNA


Belinda Mai

ADVISER, LISTINGS COMPLIANCE


ASX Compliance Pty Limited

ABN 26 087 780 489

20 Bridge Street

Sydney NSW 2000

www.asx.com.au Customer service 13 12 79



6 April 2016


Shannon Hong

Adviser, Listings Compliance ASX Compliance Pty Limited 20 Bridge Street,

Sydney NSW 2000


Dear Shannon


Request for Trading Halt

Level 9, 301 Coronation Drive, Milton QLD 4064 Australia PO Box 2118, Toowong DC QLD 4066 Australia

phone + 61 (0) 7 3156 7777

fax + 61 (0) 7 3156 7776

Carbon Energy (Operations) Pty Ltd

ABN 61 105 176 967


In accordance with ASX Listing Rule 17.1 Carbon Energy Limited requests a Trading Halt in respect of its shares pre the commencement of trading on Wednesday, 6 April 2016, and advises as follows:


Reasons for the Trading Halt:


The Company is awaiting the renounceable rights issue entitlement funds from Kam Lung Investment Development Company Ltd (Kam Lung).


Length of Trading Halt:


Carbon Energy requests a trading halt effective from Thursday, 6 April 2016 until the earliest of an announcement being made to the market concerning receipt of the renounceable rights issue entitlement funds from Kam Lung or the opening of trade on Friday, 8 April 2016.


Event expected to happen to end the Trading Halt:


The Trading Halt will be lifted on the earlier of the Company making announcements to the market in relation to renounceable rights issue entitlement funds from Kam Lung or the opening of trade on Friday, 8 April 2016.


Carbon Energy is not aware of any reason why the Trading Halt should not be granted. Please call me should you have any questions regarding the above.

Yours sincerely


Catherine Costello

Chief Financial Officer & Company Secretary



www.carbonenergy.com.au

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Carbon Energy

EXPLORATION STAGE
CODE : CNX.AX
ISIN : AU000000MEE2
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Carbon Energy is a gold and uranium exploration company based in .

Carbon Energy holds various exploration projects in Australia.

Its main exploration properties are NYANG, LAVERTON JV, MT CRAWFORD (LEJV), BLOODWOOD CREEK and MT CRAWFORD GOLD PROJECT in Australia.

Carbon Energy is listed in Australia and in Germany. Its market capitalisation is AU$ 134.2 millions as of today (US$ 90.3 millions, € 81.7 millions).

Its stock quote reached its lowest recent point on April 22, 2016 at AU$ 0.01, and its highest recent level on July 28, 2017 at AU$ 1.01.

Carbon Energy has 1 813 430 016 shares outstanding.

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Nominations of Carbon Energy
8/23/2016Carbon Energy announces CEO appointment
6/18/2013announces CEO appointment
7/15/2008Board Appointment- Dr Shad Linley
7/2/2008BOARD APPOINTMENT – MR ANDREW DASH (COO)
6/30/2008Board Appointment - Mr Andrew Dash
Project news of Carbon Energy
8/30/2016Appendix 3B & Cleansing Notice for Issue of Interest Shares
7/23/2013Signs MOU for UCG Project in Argentina
Corporate news of Carbon Energy
7/26/2016Appointment of Interim Executive Chairman
7/24/2016CNX Technology validated by Queenslands Chief Scientist
7/7/2016Change of Director's Interest Notice
7/7/2016Replacement Appendix 3B
6/23/2016Option Expiry Notice - Waiver
6/22/2016Carbon Energy signs MOU for renewable energy project
6/8/2016CEO transition for Carbon Energy
5/6/2016Summa Action Dismissed from United States District Court
4/29/2016Quarterly Activities Report & Appendix 5B
4/28/2016CNX to play key role in Chinese UCG Research Centre
4/19/2016Response to Qld Government Anti-Innovation Decision
4/18/2016 Response to Qld Government announcement on UCG industry
4/18/2016Response to Qld Government announcement on UCG industry
4/15/2016Change in substantial holding - Pacific Road investor group
4/11/2016Carbon Energy raises $3.48 million under the rights issue
4/8/2016Request for Voluntary Suspension
4/6/2016Trading Halt
4/3/2016Rights Issue Closing
3/21/2016Notice to Ineligible security holders
3/21/2016Renounceable Rights Issue - Despatch of Information Booklet
3/21/2016Shareholder Information Session - Presentation
10/29/2015Notice of 2015 Annual General Meeting/Proxy form
10/16/2015Change in substantial holding
10/7/2015Cleansing Notice & Appendix 3B
10/1/2015Carbon Energy Confirms $2M Remitted by Cornerstone Investor
9/29/2015Company Secretary Appointment/Resignation
9/27/2015CNX Secures Funding & JV Partner for China Gas Business
8/28/2015Appendix 3B
8/25/2015First Rehabilitation Progress Report & Further Sampling
8/11/2015Carbon Energy Receives $2.5m Tax Incentive Cash Rebate
7/31/20152015 Annual Report & Corporate Governance Statement
7/31/2015June 2015 Quarterly Activities Report & Appendix 5B
3/2/2015Cleansing Notice & Appendix 3B
2/17/2015CNX Half Yearly Report December 2014
1/30/2015Top U.S. Coal Producers Up; India Sells $3.6 Billion Stake I...
12/22/2014Carbon Energy Operations Update
12/9/2014Chairman Recognised for Contribution to Resources Sector
11/26/2014Change of Independent Status of Director
11/20/2014Results of 2014 Annual General Meeting
11/17/2014Response to ASX Price Query
10/23/2014Carbon Energy Webcast
10/21/2014Blue Gum Gas Project Positioned for Commercialisation
10/16/2014Independent Valuation of Carbon Energy's Gas Assets
3/18/2014Critical Samples Collected at Bloodwood Creek Site
3/12/2014CNX Receives Second Milestone Payment
2/17/2014Substantial Completion of Inner Mongolia Packages
4/11/2013Shareholder Update
10/31/2012letter November 2012
6/6/2012letter June 2012
8/17/2010Environmental Approval Obtained for UCG Project in Chile
12/17/2008Underground Coal Gasification Trial Update
7/15/2008Change of Name to Carbon Energy Limited
5/19/2008Completes Further A$22M Capital Raising to Fund Landmark UCG...
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