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Oilex Ltd shares placed in a trading halt on the Australian Securities Exchange

Oilex Ltd advise that its shares have been placed in a trading halt on the Australian Securities Exchange "ASX) pending the release of an

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Oilex - Cambay field

Oilex Ltd advise that its shares have been placed in a trading halt on the Australian Securities Exchange "ASX) pending the release of an announcement in relation to a proposed capital raising.

Oilex expects that an announcement will be able to be made within the next few days and trading in Oilex shares will resume trading on the ASX at such time.

Oilex shares will continue to trade on AIM during this period.

Tags: Oilex Ltd