ASX Release

21 October 2014

ADX - Listing Rule 7.1A.4(b) and 3.10.5A Placement Information

In accordance with ASX Listing Rules 7.1A.4(b) and 3.10.5A, the following information is provided:
(a) A total of 83,333,333 ordinary fully paid shares were issued under the placement. Of this total, 54,536,717 shares were issued with security holder approval under ASX Listing Rule 7.1A, representing a dilution of
9.1% to the existing holders of ordinary shares caused by the issue.
The remaining 28,796,616 ordinary fully paid shares were issued with security holders approval under ASX Listing Rule 7.1
(b) The Company issued shares as a placement to sophisticated and professional investors as this was considered to be the most expedient mechanism for raising funds. As announced on 14 October 2014, the Company has also offered a Share Purchase Plan to all existing shareholders at the same price as the shares were issued under the placement.
(c) The placement was not underwritten.
(d) Fees payable to the lead manager in connection with the placement are
$35,000.

For further details please contact: Wolfgang Zimmer Ian Tchacos Managing Director Chairman +61 (08) 9226 2822 +61 (08) 9226 2822 www.adxenergy.com.au
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