Placement Highlights
? Share Placement to institutional and sophisticated investors to raise A$17.4M
? Funds to accelerate appraisal and development drilling
? Well positioned to continue growing unconventional shale gas and liquids
production, reserves and acreage
Sundance Energy Australia Limited (?Sundance? or the ?Company?) is pleased to
advise that it has agreed to place up to 34.2 million shares at A$0.51 per share to
raise approximately A$17.4 million (the ?Placement?).
The Placement is being made under the Company?s 15% placement capacity to
institutional, sophisticated and professional investor clients of Euroz Securities
Limited; Euroz acted as the Placement?s Lead Manager.
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announcement out re placement
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