On 21 May 2019, AXP Energy Limited completed the issue 67,188,217 fully paid ordinary shares in the capital of the Company following shareholder approval of the issue of Shares at the general meeting held by the Company on 15 May 2019.
Market Update
AXP Energy Limited refers to its request for suspension from official quotation on 16 August 2021 pending the release of a Material Heads of Agreement (HOA) and the Company consulting with ASX re application of the Listing Rules to the HOA.
HOA signed to establish in situ Well site power generation
AXP Energy Limited is pleased to announce that it has signed a Binding Heads Agreement with Wyoming and Washington state-based Elite Mining Inc. to provide gas to EMI’s in-situ power generation for the large and growing cryptocurrency mining sector in the United States.
August Revenue steady at A$1.8m
AXP Energy Limited is pleased to update shareholders on revenue performance for August with the Company recording net revenue (being revenue after royalties) of approximately A$1.8M in for the month (July 2021: $1.8M).
Response to ASX Query Letter
In response to your letter of 12 August 2021 referencing AXP’s Announcement of 9 August 2021 titled “July revenue increases to A$1.8M as production stabilizes”, the information therein and your request for information, the Company responded as follows:
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