EWC 0.00% 2.0¢ energy world corporation ltd

EWC Directors moving around:13 September 2013Market...

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    EWC Directors moving around:

    13 September 2013
    Market Announcements Platform
    Australian Securities Exchange
    Level 4 Exchange Centre
    20 Bridge Street
    Sydney NSW 2000
    Board Changes and Placement
    SWW Energy Limited (SWW or the Company) is pleased to advise shareholders that Mr Stewart
    Elliott, Mr Brian Allen, Mr Graham Elliott and Mr Stuart Foster have joined the Board of SWW.
    Mr Elliott is the Chairman and CEO of Energy World Limited (EWC) which is listed on the ASX and has
    a market capitalisation of in excess of $800m. EWC is an integrated energy company engaged in the
    production and sale of power and natural gas. He is also the founder and managing director of
    Energy World International Ltd (EWI) which has diverse interests including listed investments,
    resources, property and hotels.
    Mr Brian Allen has been an Executive Director of EWC since 2001. Prior to joining EWC, Mr Allen
    was a director and head of project finance for The Hong Kong and Shanghai Banking Corporation
    Limited based in Hong Kong.
    Mr Graham Elliott joined EWC in 2001 and is the Project Director. He is responsible for the
    development of new project opportunities throughout the Asia Pacific region. He is a graduate of
    Princeton University and holds a BSc in Engineering, and has completed a MBA at Southampton.
    ASX: SWW
    ASX AnnouncementSWW Energy Limited
    Office J, Level 2, 1139 Hay Street
    West Perth WA 6005
    P: +61 8 9486 4036 F: +61 9486 4799
    Mr. Stuart Foster has been involved in Stockbroking and financial management for more than 20
    years. He is the founder and Chief Executive of Foster Stockbroking Pty Ltd and Cranport Funds
    Management. Foster Stockbroking possesses an Australian Financial Services Licence and is a
    member organisation of the ASX.
    The Company further advises that Mr. Benjamin Bussell, Mr. Matthew Foy and Mr. Samuel Edis have
    tended their resignations as Directors of the Company.
    Placement
    The Company is pleased to advise that it has completed a placement to sophisticated investors to
    raise approximately $292,199 through the issue of 58,439,868 shares at $0.005 per share (the
    Placement). The Placement was completed in a single tranche pursuant to the Company’s 15%
    capacity under ASX Listing Rule 7.1.
    The proceeds from the Placement will be applied primarily towards meeting costs associated with
    the Company’s ongoing evaluation of new investment opportunities.
    SWW Energy Limited
    Mr. Matthew Foy
    T: +61 8 9486 4699
 
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