Capital Raise......Going it alone

IssuerInvictus Energy Limited(ASX:OffertypeCapital Raising to raise $20.0m (theOffer )), comprising:Placement to raise $20.0m(87.0m shares) under theCompany’s LR 7.1 & 7.1A placement capacity;Each investor will also be allocated an attachingoption on a 1 for 1 basis, at a strike price of $0.40(74% premium to the placement price), with a 5 yearterm ( Options );The Company will be required to seek shareholderapproval for a proportion of the Options being issuedat an Extraordinary General Meeting ( EGM ); andThe Company reserves the right to take up to $5.0min oversubscriptions.