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i3 Energy - Update on Issue of Equity

i3 Energy plc, an independent oil and gas company with assets and operations in the UK, announces that further to its announcement of 8th November 2019 ('Liberator A2 and Funding Update'), it is expecting to complete the subscriptions for 14,285,715 new ordinary shares in the Company at 35 pence per share from funds managed by Bybrook Capital LLP shortly and expects the admission of the new shares to be on or around 9th December 2019.

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