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BOSS ENERGY LTD Capital/Financing Update 2012

Jul 5, 2012

64549_rns_2012-07-05_c2b10ce4-bf25-4e40-812f-1823dae8ffb2.pdf

Capital/Financing Update

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6 July 2012

ASX ANNOUNCEMENT

SPP CLARIFICATION ANNOUNCEMENT

Boss Resources Limited ( Company ) refers to its Share Purchase Plan Offer letter ( SPP ) announced on 29 June 2012.

The Company confirms that eligible shareholders under the SPP can subscribe for a maximum of 250,000 Shares for a consideration of AUD$15,000. The minimum subscription under the SPP is 25,000 Shares for a consideration of AUD$1,500.

The following tranches of Shares are available to eligible shareholders under the SPP:

Subscription Amount($AUD) Number Shares to be allottedcalculated at the issue price of$0.06 per Share
Tranche A $1,500 (minimum) 25,000
Tranche B $6,000 100,000
Tranche C $9,000 150,000
Tranche D $15,000 (maximum) 250,000

Leigh Ryan Managing Director +61 (0) 427 093 043 Evan Cranston Executive Director +61 (0) 408 865 838 Website: www.bossresources.com.au

Boss Resources Limited is a gold and oil shale exploration company focused on increasing shareholder and other stakeholder wealth by exploring for and developing quality mineral resources. Evaluation and acquisition of additional highly prospective projects in West Africa, especially in Burkina Faso, and the development of an oil shale processing facility in Tasmania is seen as critical to the growth of the company.

Australian Office Suite 23, 513 Hay St, Subiaco WA 6008 PO Box 1311, Subiaco WA 6904 www.bossresources.com.au Tel: +61 (8) 6143 6730 Fax: +61 (8) 9388 8824 [email protected] ABN 38 116 834 336

Burkina Faso Office 361 Avenue Babanguida, Zone du Bois 06 BP 10656 Ouagadougou 06 Tel: +226 5036 0486