Notification of Rights Issue Shortfall

Oilex Ltd advises that the recent 1 for 4 renounceable Rights Issue closed on 28 July 2015.  The results of the Rights Issue is as follows:


Total number of Shares under the Offer 169,476,510
Total number of Shares applied for 16,235,098
Shortfall number of Shares 153,241,412


The shortfall for the Offer is $6,282,898 and the shares will be allocated in accordance with the terms outlined in the Offer Booklet.

 Notification of Rights Issue Shortfall