Rampart Energy Ltd

ABN 86 115229 984

Level 2, 55 Carrington Street Nedlands WA 6009 Australia T: +61 9423 3200

www.rampartenergy.com.au

ASX ANNOUNCEMENT

9 June 2015

UNDERWRITTEN RIGHTS ISSUE

The Board of Rampart Energy Ltd ("Rampart" or "The Company") wish to announce a pro rata renounceable Rights Issue for eligible shareholders to subscribe for two (2) new fully paid ordinary shares for every one (1) fully paid ordinary share held, at a price of $0.001 per share. The Rights Issue will result in the issue of up to 1,056,984,554 new ordinary shares in the Company (subject to rounding), raising up to $1,056,984 before costs.
Each of the four Directors of the Company are underwriting the Rights Issue for $50,000, representing a $200,000 commitment by the Board. The Company solicited the assistance of PAC Partners Pty Ltd and Patersons Securities Limited to act as Joint Lead Managers, with Patersons Securities Limited acting as Underwriter in order to fully underwrite the remainder of the Rights Issue. Eligible shareholders will be able to apply for any available shortfall shares, in addition to their entitlement.
The timetable and offer documents setting out further details of the Rights Issue will be issued shortly, accompanied by a personalised entitlement and acceptance form and instructions on how eligible shareholders may accept their entitlement.

The funds raised will be allocated towards geological and geophysical studies for further assessment of the prospectivity of the company's recently acquired WA-507-P and WA-503-P exploration permits, in addition to funding farm-out programs for those assets. Funds will also be allocated towards the company's new ventures program, with the aim of securing additional oil and gas assets within the near-term, in a manner consistent with the company's strategy of developing a portfolio of quality assets on attractive commercial terms. The balance of funds raised will be allocated towards working capital.

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Enquiries

Iain Smith, Executive Director, Tel: +61 412 638019, ismith@rampartenergy.com.au

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