BOSS ENERGY LTD — M&A Activity 2015

Nov 30, 2015

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ASX / Media Announcement

1 December 2015

ASX: BOE

BOSS COMPLETES ACQUISITION OF HONEYMOON URANIUM PROJECT

Further to the ASX announcement on 1 September 2015, Boss Resources Limited ( Company ) is now pleased to announce that the acquisition of Uranium One Australia Pty Ltd ( Uranium One Australia ), which is the owner of the Honeymoon Uranium Project in South Australia, has successfully completed, as of 30 November 2015.

As part of completion under the Share Sale and Purchase Agreement with Uranium One Inc ( Uranium One ), the Company has entered into an assignment deed whereby Uranium One has agreed to transfer to the Company all the existing debt (of approximately AUD $157,959,779.75) that was previously owed by Uranium One Australia to Uranium One (as part of historical intra-group loan arrangements between the parties). The assignment of the debt was purchased by the Company for $1 on completion of the Share Sale and Purchase Agreement and will now be a debt owed from Uranium One Australia to the Company.

The Company is not aware of any reason why the ASX would not allow trading in the Company’s securities to recommence immediately.

Queries:

Evan Cranston (Chairman) +61 408 865 838

Suite 23, 513 Hay St, Subiaco WA PO Box 1311, Subiaco WA 6904 P: +61 (8) 6143 6730 E: admin@bossresources.com.au ABN 38 118 834 336