Production Licence Approved - Iecea Mare, Romania

ADX Energy Ltd (ASX Code: ADX) is pleased to announce that the Romanian Designated Authority has approved the transfer of the Iecea Mare Production license (“License”) from the Romanian production company Amromco Energy SRL (“Amromco”) to ADX’S Romanian subsidiary, ADX Energy Panonia SRL (“ADX Panonia”), pursuant to the Sales and Purchase Agreement (“SPA”) announced on 8 June 2018 for the purchase