9 March 2012
Company Announcements Platform Australian Securities Exchange Level 4
20 Bridge Street
SYDNEY NSW 2000
By E-LodgementABN 51 108 230 995
Results of Unmarketable Parcel Programme
Elixir Petroleum Limited (Elixir) implemented an Unmarketable
Parcel Programme (UPP) in December 2011 to provide an
opportunity for certain eligible small shareholders to sell
their shareholding without incurring any brokerage or
handling costs, or in the case of Australian and New Zealand
based small shareholders, the opportunity to instead top-up
their shareholding, again without incurring brokerage or
handling costs.
The UPP closed on 14 February 2012 with 2,484,610 ordinary
shares (1.14% of issued share capital) to be sold by Elixir
in the market on behalf of eligible small shareholders (Sale
Shares).
Due the recent capital raising announced by the Company,
Elixir was not able to initiate sales of the Sale Shares
until 2 March 2012. The disposal of all Sale Shares has now
been completed at an average realised price of $0.06 per
share.
It is expected that cheques in respect of the sale proceeds
will be dispatched to eligible shareholders by 16 March
2012.
Yours faithfully,
Julie Foster
Company SecretaryASX CODE: EXR www.elixirpetroleum.com
Elixir Petroleum Limited Level 20, 77 St George's Terrace PERTH WA 6000, AUSTRALIA
T: +61 8 9440 2650 F: +61 8 9440 2699 E: info@elixirpetroleum.com