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    ICN   AU000000ICN5

ICON ENERGY LIMITED

(ICN)
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Icon Energy : 2016 Annual Report to shareholders and Appendix 4G

10/21/2016 | 01:33am EDT
ASX / MEDIA RELEASE 21 October 2016

Company Announcements Office Australian Securities Exchange Limited 20 Bridge Street

Sydney NSW 2000

Re: 2016 ANNUAL REPORT

Icon Energy Limited (ASX: ICN) advises that the Company's 2016 Annual Report

was dispatched to Shareholders today.

Icon Energy releases its current Corporate Governance Statement as referenced in the Annual Report to Shareholders and Appendix 4G.

The 2016 Annual Report, Corporate Governance Statement and Appendix 4G, are attached and can also be found on the Company's website at www.iconenergy.com

Dr Kevin Jih Executive Director / CFO / Company Secretary For more information contact Icon Energy; Corporate

Mr Raymond James Managing Director

Phone +61 7 5554 7111

E-mail investor.relations@iconenergy.com

ANNUAL REPORT 2016

NOTICE OF ANNUAL GENERAL MEETING

2016 Annual General Meeting

Wednesday, 23 November 2016 at 11.00am

The Arts Centre Gold Coast, Lakeside Terrace,

135 Bundall Road,

Surfers Paradise, Queensland 4217

COMPETENT PERSONS STATEMENT

The information on unconventional contingent and prospective resources in this Annual Report was reviewed by Mr Martin Berry who is a full time employee of Icon Energy Limited and has consented to the inclusion of this information in the form and context in which it appears. Mr Berry is a Fellow of the Geological Society of London and a Member of the American Association of Petroleum Geologists.

ABN 61 058 454 569

TABLE OF CONTENTS

2 Chairman's Review

  1. Icon Energy Tenements

  2. Review of Operations

12 Sustainability Report

14 Corporate Governance Statement

22 Board of Directors

24 Management Team

26 Directors' Report

30 Remuneration Report - Audited

  1. Auditor's Independence Declaration

  2. Independent Auditor's Report

  1. Directors' Declaration

  2. Consolidated Statement of Profit or Loss and Other Comprehensive Income

  3. Consolidated Statement of Financial Position

  4. Consolidated Statement of Changes in Equity

  5. Consolidated Statement of Cash Flows

  6. Notes to the Consolidated Financial Statements

  1. Additional Shareholder Information

  2. Corporate Directory

ICON ENERGY ANNUAL REPORT 2016 1

Icon Energy Limited published this content on 21 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 October 2016 05:33:04 UTC.


© Publicnow 2016
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Financials
Sales 2020 - - -
Net income 2020 -2,95 M -2,17 M -2,17 M
Net cash 2020 5,42 M 3,99 M 3,99 M
P/E ratio 2020 -1,62x
Yield 2020 -
Capitalization 8,96 M 6,61 M 6,60 M
EV / Sales 2019 -
EV / Sales 2020 -
Nbr of Employees 15
Free-Float 59,1%
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Raymond Swinburn James Managing Director & Executive Director
Natalia Fraser Chief Financial Officer & Secretary
Stephen Michael Barry Independent Non-Executive Chairman
Keith Graham Hilless Independent Non-Executive Director
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