The following correction to the announcement is enclosed. The share capital increase might be registered in VPS.
Juan Partecipazioni SAhas supplied Netoil Capital Ltdwith a mortgage to cowl day to day bills. The mortgage totals USD 35000 and has an rate of interest of Libor +2%, repayable by finish of 2022. Juan Partecipazioni SAhas requested that the excellent mortgage be transformed to shares and it's agreed that this might be finished at a value of NOK 2.40. Netoil Capitalwill as such difficulty 128 479 new shares to Juan Partecipazioni SAThe following share capital increase relating to the completion of the Juan Partecipazioni SAconversion of mortgage In addition, John P. Kenny, who supplied the preliminary funding for the corporate has requested that every one his excellent loans be transformed to shares. The mortgage totals USD 455960 together with excellent curiosity. This may even be finished at NOK 2.40. Netoil Capitalwill as such difficulty 1,785,843 shares to John P. KennyThe new share capital within the firm is £ 4559, divided into 45,590,964 with a par worth of £ 0.0001. The share capital increase is registered at Companies Houseand might be registered at Norwegian Central Securities Depository("VPS"). For additional info, please contact: Nils Trulsvik, CEO, tel: +47 416 08 667 - e-mail: [email protected] This info is taken into account to be inside info pursuant to the EUMarket Abuse Regulation and is topic to the disclosure necessities pursuant to Section 5-12 the Norwegian Securities Trading Act.
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