Australian energy company WHL Energy Limited (ASX:WHN) (“WHL Energy” or “the Company”) have today advised that the closing date for applications to participate in the Company’s Share Purchase Plan (“SPP”) as announced on 4 November 2013, has been extended to 5pm (WST) 10 December 2013.
The Offer period has been extended by two weeks to allow Eligible Shareholders additional time to take advantage of the SPP offer. Shareholders will be kept informed of Company developments during the extended period.
As noted in recent communications, the Company plans to use the funds raised through the SPP to continue the work on the acquisition and interpretation of the 3D seismic in the VIC/P67 acreage and to look at new opportunities in East Africa.
The amount that each Eligible Shareholder can apply for under the SPP is capped at $15,000.
The SPP is being offered to Australian and New Zealand Shareholders at the issue price of $0.011 per share.
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