Section 708A Notice and Appendix 3B
Oilex Ltd (ACN 078 652 632) (ASX/AIM: OEX) (Oilex) has today issued 45,393,463 ordinary shares (Shares) at an issue price of $0.041 per Share to sophisticated investors under the first tranche of the placement announced on 8 July 2015.
Oilex gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Act) that:
1. Oilex issued the Shares without disclosure to investors under Part 6D.2 of the Act;
2 as at the date of this notice, Oilex has complied with:
(a) the provisions of Chapter 2M of the Act as they apply to Oilex; and
(b) section 674 of the Act; and
3 as at the date of this notice, there is no information that is ‘excluded information’ within the meaning of sections 708A(7) and 708A(8) of the Act.
Section 708 and Appendix 3B - Issue of Shares under T1 placement