CA50.06.01

19th April 2016


Company Announcements Office By e-Lodgement Australian Securities Exchange


ISSUE OF CARNEGIE WAVE ENERGY LIMITED SHARES - SECONDARY TRADING NOTICE NOTIFICATION PURSUANT TO PARAGRAPH 708A(5)(e) OF CORPORATIONS ACT 2001 ("Act")


On 19 April 2016, Carnegie Wave Energy Limited ("the Company") issued 44,117,647 fully paid ordinary shares in the capital of the Company to Energy Made Clean Limited further to the investment announced to the ASX on 22 March 2016. The shares were issued at an effective issue price of $0.034 which was calculated as the closing price of the Company's shares traded on the ASX the day the deal terms were finalised pursuant to the term sheet for the investment.


Secondary Trading Exemption


The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A. By the Company giving this notice, sale of the Shares noted above will fall within the exemption in section 708A(5) of the Act.


The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:

  1. the Company issued the Shares without disclosure to investors under Part 6D.2 of the Act;

  2. as at 19 April 2016 the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 of the Act; and

  3. as at 19 April 2016 there is no information:

    1. that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

    2. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

      1. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

      2. the rights and liabilities attaching to the Securities.


      3. Yours faithfully

        Carnegie Wave Energy Limited


        AIDAN J. FLYNN

        Company Secretary

      Carnegie Wave Energy Limited issued this content on 19 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 April 2016 15:28:18 UTC

      Original Document: http://carnegiewave.com/wp-content/uploads/2016/04/160419_EMC-Limited-Secondary-Trading-Notice2.pdf