Enerji Ltd (ASX:ERJ) announced a private placement of 103,833,334 common shares at AUD 0.006 per share for gross proceeds of AUD 623,000 on December 10, 2012. The company also issued 51,916,667 options. The options issued will expire on June 30, 2015. Each option is exercisable into one additional common share of the company at AUD 0.03 per share for a period expiring on June 30, 2015. Investors including Cape Bouvard Equities Pty Ltd, an entity associated with Sarich family invested in the transaction.

On the day, it has received AUD 623,000.

On December 20, 2012, the company announced that it has issued 13,916,667 shares at a price of AUD 0.006 per share for proceeds of AUD 83,500.002. The company also issued 6,958,333 options. The options issued in this tranche will expire on June 30, 2015.

On January 16, 2013, the company issued 13,000,000 shares for proceeds of AUD 78,000. The company also issued 6,500,000 options. The options issued in this tranche will expire on June 30, 2015.

On February 21, 2013, the company issued 94,962,179 shares for proceeds of AUD 569,773.074. It also issued 37,466,667 options. The options issued in this tranche will expire on June 30, 2015.

On February 25, 2013, the company issued 37,333,333 shares for proceeds of AUD 223,999.998. It also issued 18,666,667 options. Returning investors Belloc Pty Limited and Grant Cathcart subscribed all shares and options in the tranche.