Office Address: Ground Floor, 30 Ledgar Road, Balcatta, Western...

Office Address: Ground Floor, 30 Ledgar Road, Balcatta, Western Australia 6021
Postal Address: PO Box 717, Balcatta, Western Australia 6914
Phone: +61 (0)8 9240 8645 Fax: +61 (0)8 9240 2406 Email: [email protected]: www.verus.com.au
ASX Announcement
15th February 2012
Verus Completes Private Placement
Further to an announcement made on 2 February 2012, Verus Investments Limited (Verus) is pleased to announce completion of a private placement of 245.75 million shares at a price of 0.4 cents each, raising a total of $983,000 (before costs).
The funds raised will be allocated towards the planned well test on the Sidi Dhaher discovery, Chorbane block cost overruns, meet costs of technical work performed on Fausse Point as well as for working capital and general corporate purposes.
In respect of the securities issue, an Appendix 3B is attached
For further information regarding the Company’s activities, please contact:
Mr. Gregory Lee
Executive Director
Tel: (+61 8) 9389 2000