SPP to be Closed Early
The Directors of Marion Energy Limited (ASX: MAE, MAEO, MAEOA) have determined to bring forward the closing date of the SPP from 6 May 2011 to 5.00pm (WST) on Wednesday 4 May 2011.
The Directors have been more than satisfied with the response from shareholders. Funds raised through the SPP will be applied to the ongoing successful well work-over program at the Clear Creek field, Utah.
If you wish to apply for shares and your payment is being made by Bpay®, your payment must be received by no later than 4pm (WST) 4 May 2011. Applicants should be aware that their own financial institutions may implement earlier cut off times with regards to electronic payment, and should take that into account.
If you are paying by cheque, bank draft or money order, the acceptance slip must be received by no later than 5pm (WST) 4 May 2011. To avoid disappointment, please allow sufficient time for that to occur.
Any payments received after the closing date will be refunded in full as soon as practicably possible after the closing date.
The amended key dates are:
Offer Closes - Wednesday 4 May 2011 at 5pm (WST)
Allotment of shares - on or around Wednesday 11 May 2011
Despatch Holding Statements - on or around Thursday 12 May 2011
Note: All dates are subject to change at the discretion of the Company