FIRESTONE ENERGY LIMITED - Tranche 1 of USD5.0 Million Convertible Note Funding Received

Tranche 1 of USD5.0 Million Convertible Note Funding Received

FIRESTONE ENERGY LIMITED 
(Incorporated in Australia) 
(Registration number ABN 058 436 794) 
Share code on the JSE Limited: FSE   
Share code on the ASX: FSE 
ISIN: AU000000FSE6 
(SA company registration number 2008/023973/10) 
("FSE" or "the Company")

ASX ANNOUNCEMENT

20 January 2015

Tranche 1 of USD5.0 Million 
Convertible Note Funding Received

Firestone Energy Limited (Company or Firestone) advises that it has received AUD3.13 
million in cleared funds being net proceeds after costs of tranche 1 (TR1) of the convertible 
notes (CNs) financing as announced to the market on 10 November 2014.
The TR1 CNs are to be issued to Four Oaks Credit Fund Limited (Four Oaks). This issue 
forms part of the approval shareholders gave at the Company's AGM held on 28 November 
2014.
The number of CNs to be issued for TR1 is 475,971,429 with each having a face value of 
AUD0.007 and convertible into one FSE fully paid ordinary share.
Additional relevant terms of the CNs include;
Conversion at Four Oak's election;
Redemption to be in equivalent US dollars;
Coupon interest rate is 6% p.a;
PIK interest rate is 6% p.a.; and
Maturity date is 30 June 2016.
The Company is pleased to have the financial support of Four Oaks to assist in advancing the 
Company's Waterberg Coal Project Joint Venture.

ENDS

About Firestone Energy
Firestone Energy Limited is an independent, Australian exploration and development company listed on the Australian Stock Exchange Ltd (ASX) 
and the Johannesburg Stock Exchange (JSE). Firestone Energy has entered into a Joint Venture with Sekoko Resources (Pty) Ltd through which 
Firestone Energy has acquired the right to 60% participation interests in the Waterberg Coal Project located in Lephalale area, Limpopo Province, 
South Africa.The first stage of the project is to develop the Smitspan mine which has a substantial measured thermal coal resource and to develop 
the Vetleegte mine which is a substantial metallurgical coal deposit.Firestone Energy is committed to becoming a profitable independent coal and 
energy producer at its projects in South Africa, thereby making a substantial contribution to the social and economic development of the Lephalale 
area and South Africa.
Corporate Details
ASX: FSE
JSE: FSE

Issued Capital
3,549 million ordinary shares

Major Shareholders
The Waterberg Coal Company Ltd

Directors and Officers

Non Executive Directors
Lee Boyd
Officers
Mr Stephen Miller CEO and Executive Director
Ms Amanda Matthee CFO
Mr Lee Boyd Company Secretary 


Contact
Firestone Energy Limited
ABN  71 058 436 794
Level 2, 1 Walker Avenue West Perth, Western Australia 6005  
Australia Tel: +61 (08) 9485 0888
Fax:+61(08) 9485 0077
Web: www.firestoneenergy.com.au

20 Janurary 2015
Johannesburg

Sponsor and Corporate Advisor
River Group





Date: 20/01/2015 10:54:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.