Adelaide, Oct 20, 2017 AEST (ABN Newswire) - The Independent Directors of Leigh Creek Energy Ltd (ASX:LCK) (FRA:LVT) (OTCMKTS:MRTDF) have engaged Grant Thornton Corporate Finance Pty Ltd ("Grant Thornton Corporate Finance") to prepare an independent expert's report stating whether, in its opinion, the Proposed Issue is fair and reasonable to the Non-Associated Shareholders for the purposes of Item 7 of Section 611 of the Corporations Act.

When preparing the independent expert's report, Grant Thornton Corporate Finance will have regard to the Australian Securities and Investments Commission ("ASIC") Regulatory Guide 111 Contents of expert reports ("RG 111") and Regulatory Guide 112 Independence of experts ("RG 112"). The independent expert's report will also include other information and disclosures as required by ASIC.

To view the report, please visit:
http://abnnewswire.net/lnk/416K926S


About Leigh Creek Energy Ltd

Leigh Creek Energy ASX:LCKLeigh Creek Energy Limited (ASX:LCK) (OTCMKTS:MRTDF) is an emerging gas company focused on developing its Leigh Creek Energy Project (LCEP), located in South Australia. The LCEP will produce high value products such as electricity, methane and ammonium nitrate products (fertiliser and industrial explosives) from the remnant coal resources at Leigh Creek, utilising In Situ Gasification (ISG) technologies, and will provide long term stability and economic development opportunities to the communities of the Upper Spencer Gulf, northern Flinders Ranges and South Australia.

The Company is committed to developing the LCEP using a best practice approach to mitigate the technical, environmental and financial project risks.

Leigh Creek Energy acknowledges and respects the Adnyamathanha people, the Traditional Owners of the land on which its operations occur and pay our respects to their Elders past and present.

 


Contact

Leigh Creek Energy Ltd
T: +61-8-8132-9100
F: +61-8-8231-7574
E: contactus@lcke.com.au
WWW: www.lcke.com.au



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