88 Energy Limited ("88 Energy" or the "Company") (ASX, AIM: 88E) is pleased to announce that further to the notification on 30 April 2018, the Company has conditionally placed 460,811,112 ordinary shares of no par value (the "Placing Shares") at A$0.037 (equivalent to £0.02) per Placing Share (the "Placement Price") to raise gross proceeds of A$17 million (the "Placing"). The Placing was significantly oversubscribed.
Didn't take, now back to business
Placing closed significantly oversubscribed
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