Appendix 3B - Issue of Shares under Rights Issue

Oilex Ltd has today issued 153,241,467 ordinary shares at an issue price of $0.041 per share following placement of the Rights Issue shortfall. 

The Company advises that application has also been made for the admission to trading on AIM and it expects the shares to be admitted to trading on AIM on 12 August 2015.

Appendix 3B