Archive for July 2012

Appointment of Vice President Finance and Change to the Board

SACOIL HOLDINGS LIMITED(Incorporated in the Republic of South Africa)(Registration number 1993/000460/06)JSE share code: SCL AIM share code: SACISIN: ZAE000127460(“SacOil” or the “Company”) Appointment of Vice President Finance and Change to the Board of Directors SacOil, the independent African upstream oil & Gas Company, is pleased to announce the appointment of Mr Craig Campbell as Vice…

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Update on OPL 233, Issue of Shares for Cash and Further Cautionary Announcement

SACOIL HOLDINGS LIMITED(Incorporated in the Republic of South Africa)(Registration number 1993/000460/06)JSE share code: SCL AIM share code: SACISIN: ZAE000127460(“SacOil” or the “Company”) Update on Oil Concession OPL 233; Issue of Shares for Cash and Further Cautionary Announcement 1. Update on oil concession OPL 233 Further to SacOil successfully posting a US$25 million Performance Bond (the…

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SacOil Raises Eight Million Rand in Share Issue

Sacoil 24,579 million new ordinary shares, raises R8,3m to fund costs for potential transactions.

Sacoil is to issue 24,579 million new ordinary shares to YA Global Masters SPV Limited (YA) at a price of 34c per share, raising R8,3m, or approximately one million dollars.

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