ASIC Investigation
Updated : 07:43
9 September 2022
Tlou Energy Limited
("Tlou" or "the Company")
ASIC Investigation
The Company today made the following announcement on the Australian Securities Exchange (ASX).
Tlou Energy Limited has been notified by Australian Securities & Investments Commission (ASIC) that it has commenced an investigation into certain statements made by the Company in ASX announcements and other documents, including the Company's ASX announcement on 16 February 2021 titled 'Carbon Neutrality' and 20 October 2021 titled 'Clean Energy For Botswana and Beyond'. The Notice states the investigation is into suspected contraventions by the Company of sections 674, 674A and 1041H of the Corporations Act 2001 and sections 12DA, 12DB and 12DF of the Australian Securities and Investments Commission Act 2001 during the period between 20 February 2020 and 15 March 2022 in relation to these statements. The Company is co-operating with ASIC in relation to its investigation.
By Authority of the Board of Directors
Mr. Anthony Gilby
Managing Director
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For further information regarding this announcement please contact:
Tlou Energy Limited | +61 7 3040 9084 |
Tony Gilby, Managing Director |
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Solomon Rowland, General Manager |
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Grant Thornton (Nominated Adviser) | +44 (0)20 7383 5100 |
Harrison Clarke, Colin Aaronson, Ciara Donnelly |
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Arden Partners (UK Broker) | +44 (0) 20 7614 5900 |
Simon Johnson, Antonio Bossi | |
Public Relations |
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