Ann: Trading Halt, page-132

$5m Placement to Advance Windorah Gas Project  Real Energy well-funded to progress development of Windorah Gas Field  Funds used to complete Windorah reserve assessment, advance field test work and progress gas sale arrangements Sydney: 1 March 2019: Cooper Basin focused oil & gas company, Real Energy Corporation Limited (ASX: RLE) (“Real Energy”, is pleased to advise that it has raised $5m (before costs) through the issue of approximately 47,619,050 new fully paid ordinary shares at an issue price of 10.5 cents per share (“New Shares” and approximately 15,873,017 attaching (one for three) listed RLEOB options (exercisable at 14.0 cents and expiring 30 September 2020) (“Options”. The Placement was very well supported by new and existing sophisticated and professional investors, together with a number of Australian and international institutional investors. Settlement is expected to take place on Friday, 8 March 2019. Hartleys Limited and Xcel Capital Pty Ltd acted as Joint Lead Managers to the Placement. Funds raised from the Placement will be used for ongoing testing and field work on the Tamarama-1, Tamarama-2 and Tamarama-3 gas wells, to progress pre-construction works for the pipeline to Santos – operated Mt Howitt gas gathering facility, updating the Reserve/resource assessment for the Windorah Gas Field, to progress gas offtake agreements and for working capital purposes.