ANTARES ENERGY LIMITED


ANTARES ENERGY LIMITED

A.C.N. 009 230 835


Ground Floor PO Box 690

63 Hay Street West Perth WA 6872

Subiaco WA 6008 www.antaresenergy.com


ASX/NEWS RELEASE 1 December 2015


PURCHASE AND SALE AGREEMENTS NORTHERN STAR & BIG STAR UPDATE


Antares Energy Limited (ASX:AZZ) advises that the proposed closing of both Purchase and Sale Agreements has not occurred today in Houston, Texas on the 30th November 2015 as contracted, due to Antares having received a request for an extension.


The Board of Directors is negotiating amendments to the transaction documents and will advise of the outcome of negotiations as soon as complete.


For further information please contact:

James Cruickshank Chairman & CEO

+ (61) (0) 488 222 122

or + (1) 214 762 2202

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