Cap Energy Ltd

August 12, 2009 04:30 ET

Fundraising Update

                                                                                                 12 August 2009

                                              CAP ENERGY LIMITED
                                        ("Cap Energy" or the "Company")
                                              Fundraising Update

On  3  July 2009, Cap Energy announced that the Company was proposing to raise up to £564,346 through the issue
of  Convertible Unsecured 8% Loan Notes. As at 31 July 2009, the initial closing date for applications  in  the
fundraising,  the Company had received valid applications in respect of £84.233.00 of Loan  Notes,  which  is
below the minimum of £300,000 required for the fundraising to complete.

However,  as  at the same date, the Company had received indications of interest from investors in  respect  of
additional funds which, when added to the funds already received, would take the total raised pursuant  to  the
fundraising  above  the  minimum  £300,000. Accordingly, in order to allow  these  investors  to  complete  the
documentation relating to their proposed acquisition of Loan Notes, the Directors of the Company are  extending
the closing date for the fundraising to 31 August 2009.

The Directors of Cap Energy accept responsibility for the contents of this announcement.


Cap Energy Limited                                                                       07979 903673
John Killer

St Helen's Capital Plc                                                                   020 7628 5582
Duncan Vasey/Mark Anwyl

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  • Cap Energy Ltd