RE: SWALA ENERGY LIMITED (ASX: SWE) – TRADING HALT REQUEST In accordance with ASX Listing Rule 17.1, Swala Energy Limited (“Swala Energy” or “Company”) requests that a trading halt be implemented in respect of all Swala Energy securities quoted on the ASX, pending an announcement from the Company in relation to a review of its corporate structure and associated proposed fund raising.
The following information is provided in relation to this request:
1. Swala Energy expects the trading halt to last until an announcement is made which it expects to occur before the commencement of normal trading on Thursday 21st April 2016.
2. Swala Energy is not aware of any reason why the trading halt should not be granted.
3. Swala Energy is not aware of any other relevant information in relation to this request. If you have any questions please contact me on (08) 6270 4700.
SWE Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held