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GOLDEN, COLORADO and BRISBANE, QUEENSLAND AUSTRALIA and VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 7, 2013) - The directors and management of Strata-X Energy Ltd. ("Strata-X" or the "Company") (TSX VENTURE:SXE) (ASX:SXA) are pleased to announce the completion of the its initial public offering in Australia (the "Offering") (see press release dated December 21, 2012). An aggregate of 42,303,293 CHESS depository interests (CDIs) were sold, at a price of AUD$0.30 per CDI, generating aggregate gross proceeds of AUD$12,690,987. |