ADX ENERGY LTD — Capital/Financing Update 2021

Nov 22, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

ADX ENERGY LTD

Announcement Type

New announcement

Date of this announcement

Tuesday November 23, 2021

The +securities to be quoted are: Other

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
ADX	ORDINARY FULLY PAID	2,973,254	23/11/2021

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

ADX ENERGY LTD

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ABN

Registration number 50009058646

1.3 ASX issuer code

ADX

1.4 The announcement is

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New announcement

1.5 Date of this announcement

23/11/2021

Application for quotation of +securities

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

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Other

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

2.3c Have these +securities been offered under a +disclosure document or +PDS?

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No

2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Shares issued in lieu of portion of fees for the quarter ended 30 September 2021 totalling $21,810

2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)

Application for quotation of +securities

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Application for quotation of +securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B Additional +securities to be quoted in an existing class ASX +security code and description ADX : ORDINARY FULLY PAID Issue date 23/11/2021 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Issue details Number of +securities to be quoted 878,571 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities Shares issued in lieu of portion of fees for the quarter ended 30 September 2021 totalling $6150 Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.007000 Any other information the entity wishes to provide about the +securities to be quoted The purpose(s) for which the entity is issuing the securities To pay for services rendered Please provide additional details Shares issued in lieu of portion of fees for the quarter ended 30 September 2021 Additional +securities to be quoted in an existing class

Application for quotation of +securities

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Application for quotation of +securities

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ASX +security code and description

ADX : ORDINARY FULLY PAID

Issue date 23/11/2021

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Issue details

Number of +securities to be quoted

1,030,620

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Shares issued in lieu of portion of fees for the quarter ended 30 September 2021 totalling $9276

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.009000

Any other information the entity wishes to provide about the +securities to be quoted

The purpose(s) for which the entity is issuing the securities

To pay for services rendered

Please provide additional details

Shares issued in lieu of portion of fees for the quarter ended 30 September 2021

Additional +securities to be quoted in an existing class

ASX +security code and description

ADX : ORDINARY FULLY PAID

Issue date

23/11/2021

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Application for quotation of +securities

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Application for quotation of +securities

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Issue details

Number of +securities to be quoted

1,064,063

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Shares issued in lieu of portion of fees for the quarter ended 30 September 2021 totalling $6384

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.006000

Any other information the entity wishes to provide about the +securities to be quoted

The purpose(s) for which the entity is issuing the securities

To pay for services rendered

Please provide additional details

Shares issued in lieu of portion of fees for the quarter ended 30 September 2021

Application for quotation of +securities

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

	Total number of
ASX +security code and description	+securities on issue
ADX : ORDINARY FULLY PAID	2,661,290,777

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
ADXAH : OPTION EXPIRING 31-OCT-2024 EX NIL	8,470,981
ADXAG : OPTION EXPIRING 31-JUL-2024 EX NIL	9,451,563
ADXAC : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	25,279,836
ADXAF : OPTION EXPIRING 26-JUN-2024 EX NIL	12,578,571
ADXAD : OPTION EXPIRING 26-JUN-2021 EX 1.3C	5,000,000
ADXAO : OPTION EXPIRING 31-JUL-2025 EX NIL	4,729,688
ADXAL : OPTION EXPIRING 26-MAY-2022 EX $0.01	67,500,020
ADXAM : OPTION EXPIRING 26-NOV-2023 EX $0.01	67,500,020
ADXAP : PERFORMANCE RIGHTS	46,086,012
ADXAK : OPTION EXPIRING 31-JAN-2025 EX NIL	9,882,811
ADXAN : OPTION EXPIRING 31-MAY-2025 EX NIL	5,302,085

Application for quotation of +securities

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Application for quotation of +securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?

2,973,254

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No

Application for quotation of +securities

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