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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Oilex Ld | LSE:OEX | London | Ordinary Share | AU000000OEX8 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.165 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMOEX
RNS Number : 5027J
Oilex Ltd
18 December 2015
ASX Announcement
18 December 2015
ASX: OEX
AIM: OEX
Zeta Legal Proceedings Update
Oilex has now filed its defence in the Federal Court proceedings initiated by Zeta Resources Limited (Zeta). Oilex has also filed a cross-claim against Zeta seeking orders of specific performance requiring Zeta to perform its obligations and complete the relevant share subscription and convertible note agreements (or otherwise pay damages to Oilex).
Oilex will proceed to strongly defend the action and prosecute its cross-claim against Zeta if no resolution is reached in the discussions which will now occur between the parties as announced in OEX's ASX release of 3 December 2015.
For and on behalf of Oilex Ltd
Ron Miller
Managing Director
For further information, please contact:
Investor Enquiries Nominated Adviser Media Enquires Oilex Ltd Strand Hanson Limited Vigo Communications Ron Miller Nominated Adviser Public Relations UK Managing Director Rory Murphy /Ritchie Patrick d'Ancona / Email: oilex@oilex.com.au Balmer Chris McMahon Tel: +61 8 9485 3200 Email: oilex@strandhanson.co.uk Email: patrick.dancona@vigocomms.com Australia Tel: +44 20 7409 3494 chris.mcmahon@vigocomms.com UK Tel: +44 20 7016 9570 UK
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCGGGAUPUPAUWR
(END) Dow Jones Newswires
December 18, 2015 02:00 ET (07:00 GMT)
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