The Board of Metgasco Limited (“the Company”) wish to advise that there is a minor error in the Notice of Meeting issued to shareholders on 8 August 2016.
In paragraph 51 on page 13 of the Notice of Meeting, the average price per share for shares purchased and cancelled under the Previous Buy-Back is incorrectly stated as $0.59146 per share. The correct average price is $0.059146
The corrected wording of paragraph 51 is as follows:
51. As of 8 April 2016, the Previous Buy-Back was suspended indefinitely, having fulfilled its purposes.
Under the Previous Buy-Back, 38,033,721 shares were purchased and cancelled at an average price of $0.059146 per share and a total cost of $2,249,528.52. This average price per share compared with the Company’s then effective cash backing of $0.070 per share.
ENDS
Alexander Lang, Executive Chairman
Phone: +61 02 9923 9100