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BLACK CAT SYNDICATE LIMITED Capital/Financing Update 2021

Nov 8, 2021

64501_rns_2021-11-08_cb6db361-7add-46d8-b697-2358b865ebdc.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT 9 November 2021

Issue of Employee Options

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Black Cat Syndicate Limited (“Black Cat” or “Company”) advises of the issue of 1,719,000 options pursuant to the terms and conditions of the Company’s Incentive Option Plan, which was approved by shareholders on 25 November 2020.

An Appendix 3G will be lodged with ASX following this announcement in respect of the securities issued.

This announcement has been approved for release by the Managing Director of Black Cat.

For further information, please contact:

Gareth Solly Managing Director

+61 458 007 713 [email protected]

BLACK CAT SYNDICATE LIMITED (ASX:BC8)

Level 3, 52 Kings Park Road, West Perth WA 6005 PO Box 184, West Perth WA 6872 T: +61 458 007 713 | E: [email protected] W: www.blackcatsyndicate.com.au ABN 63 620 896 282

DIRECTORS

Gareth Solly Managing Director Paul Chapman Non-Executive Chairman Philip Crutchfield Non-Executive Director Les Davis Non-Executive Director Tony Polglase Non-Executive Director

CORPORATE STRUCTURE

Ordinary shares on issue: 140.8M Market capitalisation: A$79M (Share price A$0.56) Cash (30 Sept 2021): A$10.4M