PVE Completes Placement and Institutional Entitlement Offer

June 21, 2021

Po Valley Energy Limited Successfully Completes Placement and Institutional Entitlement Offer to raise approximately A$7.5 million as part of Equity Capital Raising

Po Valley Energy Limited (PVE.ASX) (“Po Valley Energy”, the “Company”) is pleased to announce the successful completion of its institutional placement (Placement) and the institutional component of its 1 for 2 pro rata accelerated non-renounceable entitlement offer (Entitlement Offer, and together with the Placement, the Offer) of fully paid ordinary shares in Po Valley Energy (New Shares).

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