African Petroleum Corporation Completes A$85 Million Placement

African Petroleum Corporation Completes A$85 Million Placement

Completion of A$85 Million Placement
Further to its announcement on 24 July 2012, African Petroleum Corporation Limited (NSX: AOQ) (“African Petroleum” or the “Company”) is pleased to announce that it has completed its placement to institutions and sophisticated investors of 62,963,000 million fully paid ordinary shares (“Shares”) at A$1.35 per Share raising A$85 million, prior to the costs of the placement (“Placement”).
Attached is an Application for Quotation of the Shares issued pursuant to the Placement. The Shares are part of a class of securities quoted on the National Stock Exchange of Australia.
The Company gives this notice pursuant to Section 708A(5)(e) of the Corporations Act.
The Shares were issued without disclosure to the recipient under Part 6D.2, in reliance on Section 708A(5)(e) of the Corporations Act.
The Company, as at the date of this notice, has complied with:
(a) the provisions of Chapter 2M of the Corporations Act; and
(b) Section 674 of the Corporations Act.
There is no excluded information for the purposes of Section 708A(7) and (8) of the Corporations Act.
http://www.africanpetroleum.com.au/irm/Company/ShowPage.aspx/PDFs/1315-57154763/completionofA85millionplacement
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