Prospectus Closes Early – Minimum Subscription Exceeded

MUI Corporation Limited (ASX:MUI) (“MUI”), to be renamed Skyland Petroleum Limited, is pleased to announce it has successfully closed its re-listing prospectus earlier than expected, raising a total of AUD$14.25 million.

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Rani Jarkas, the Chairman of Cedrus Investments.

Rani Jarkas is a highly experienced financial services executive, with over 20 years of international banking experience. Currently, Mr. Jarkas is the Chairman of Cedrus Investments, a global boutique investment firm. Cedrus’ domain expertise is in life sciences, natural resources, energy, cleantech and nanotechnology. – Rani Jarkas