Kairiki Energy Limited (ASX:KIK)
Perth, May 22, 2009 AEST (ABN Newswire) - Kairiki Energy Limited (ASX:KIK)(PINK:KAIRF) Further to the announcement on 12 May 2009, the Company advises that the placement of 8,000,000 ordinary fully paid shares at an issue price of 14 cents per share has been completed.
The placement was arranged by Southern Cross Equities Limited to professional and sophisticated investors.
The Company gives this notice pursuant to Section 708A (5) of the Corporations Act 2001 (the "Act").
The shares were issued without disclosure to investors under Part 6D.2, in reliance of Section 708A (5) of the Act.
The Company, as at the date of this notice, has complied with:
(a) the provisions of Chapter 2M of the Act as they apply to the Company; and
(b) Section 674 of the Act.
As at the date of this notice, there is no "excluded information" (as defined in Section 708A(7) and (8) of the Act), required to be disclosed by the Company.
Contact
Laurie Brown
Managing Director
Kairiki Energy Limited
Tel: +61-8-9388-6711
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