Jadestone Energy Inc., an independent oil and gas production company focused on the Asia Pacific region, announces that admission to trading of its Common Shares on the AIM Market of the London Stock Exchange (“AIM”) will commence at 8:00 a.m. today under the ticker symbol “JSE”.

Trading of the Company’s shares on the TSX Venture Exchange(“TSXV”)will resume upon Toronto market opening, with shares fully fungible between the two exchanges thereafter.

For the purposes of the Disclosure Guidance and Transparency Rules, the total number of voting rights in the Company with effect from 8 August 2018 will be 461,009,478. This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change of their interest in, the Company under the FCA’s Disclosure Guidance and Transparency Rules.

Further to its announcement on 3 August 2018, the Company notes that its US$110 million oversubscribed private placement has now closed.

Paul Blakeley, President and Chief Executive of Jadestone, commented:
“We are delighted by the successful completion of our admission onto AIM, following our oversubscribed placing of $110 million. On behalf of the Board, I would like to thank new and existing shareholders for their support and look forward to providing further updates as we realise our ambition to become a leading player in the Asia-Pacific region, while delivering exceptional value to shareholders.”