TIDMOEX

RNS Number : 1150S

Oilex Ltd

03 July 2015

ASX Announcement

3 July 2015

ASX: OEX

AIM: OEX

ASX Voluntary Suspension

Further to the announcement of 1 July 2015, Oilex (ASX: OEX, AIM: OEX) ("Oilex", or the "Company") announces that the securities of the Company have been placed in a voluntary suspension on the Australian Securities Exchange ("ASX") pending the release of an announcement regarding the proposed capital raising.

The suspension was granted by the ASX at the Company's request in accordance with the ASX Listing Rules, in order to allow a proposed capital raise to be finalised. The Company anticipates the suspension on the ASX will remain in place until the earlier of such time it makes an announcement to the market in relation to the outcome of the proposed capital raise, or the commencement of trading on 7 July 2015. The Company's ordinary shares will continue to trade on AIM during this period.

For and on behalf of Oilex Ltd

Chris Bath

Chief Financial Officer and Company Secretary

For further information, please contact the company or its advisors listed below:

 
 PAC Partners                                                  Strand Hanson               Vigo Communications 
 Pty Ltd                                Westhouse Securities    Limited                    Public Relations 
 Australian Broker                                   Limited    Nominated Adviser          UK 
 Andrew Shearer                                   AIM Broker    Rory Murphy /Ritchie       Patrick d'Ancona 
 Email:                             Robert Finlay / Alastair    Balmer                     / Chris McMahon 
 ashearer@pacpartners.com.au                        Stratton    Email:                     Email: 
 Tel: +61 3 8633                                      Email:    oilex@strandhanson.co.uk   patrick.dancona@vigocomms.c 
 9862                          alastair.stratton@westhousese    Tel: +44 20 7409           om 
 Australia                                      curities.com    3494                       chris.mcmahon@vigocomms.com 
                                            Tel: +44 20 7601    UK                         Tel: +44 20 7016 
                                                        6100                               9570 
                                                          UK                               UK 
============================  ==============================  ==========================  ============================

This information is provided by RNS

The company news service from the London Stock Exchange

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