BOSS ENERGY LTD — Share Issue/Capital Change 2021

Nov 1, 2021

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

BOSS ENERGY LTD

Announcement Type

New announcement

Date of this announcement

Tuesday November 02, 2021

The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
BOE	ORDINARY FULLY PAID	5,564,516	02/11/2021

Refer to next page for full details of the announcement

Application for quotation of +securities

1 / 9

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

Part 1 - Entity and announcement details

1.1 Name of entity

BOSS 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 38116834336

1.3 ASX issuer code

BOE

1.4 The announcement is

==> picture [8 x 8] intentionally omitted <==

New announcement

1.5 Date of this announcement

2/11/2021

Application for quotation of +securities

2 / 9

Application for quotation of +securities

Part 2 - Type of Issue

==> picture [21 x 22] intentionally omitted <==

2.1 The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

2.2 The +securities to be quoted are:

==> picture [8 x 8] intentionally omitted <==

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

Application for quotation of +securities

3 / 9

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

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

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description BOEAG : OPTION EXPIRING 30-JUN-2022 EX 6.5C

TO (Existing Class) ASX +security code and description

BOE : ORDINARY FULLY PAID

Please state the number of options The first date the options were The last date the options were that were exercised or other exercised or other +convertible exercised or other +convertible +convertible securities that were securities were converted securities were converted converted 2/11/2021 2/11/2021 2,500,000

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by: An issue of new +securities

The underlying securities being received by the holder are: Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? No

Issue date

2/11/2021

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

4 / 9

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

Issue details

Number of +securities to be quoted

1,975,806

Are the +securities being issued for a cash consideration?

==> picture [9 x 8] intentionally omitted <==

No

Please describe the consideration being provided for the +securities

Nil - Exercised via Cashless Exercise Facility

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

0.065000

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

1,975,806 shares were issued following conversion of 2,500,000 unquoted options (exercisable at $0.065 each on or before 30 June 2022) via the cashless exercise facility as part of the Company's Employee Securities Incentive Plan.

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description

BOEAH : OPTION EXPIRING 30-JUN-2022 EX 8C

TO (Existing Class) ASX +security code and description

BOE : ORDINARY FULLY PAID

Please state the number of options The first date the options were The last date the options were that were exercised or other exercised or other +convertible exercised or other +convertible +convertible securities that were securities were converted securities were converted converted 2/11/2021 2/11/2021 2,500,000

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by: An issue of new +securities

The underlying securities being received by the holder are: Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme?

==> picture [9 x 5] intentionally omitted <==

Application for quotation of +securities

5 / 9

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? No

Issue date 2/11/2021 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 1,854,839 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities Nil - Exercised via Cashless Exercise Facility Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.080000 Any other information the entity wishes to provide about the +securities to be quoted 1,854,839 shares were issued following conversion of 2,500,000 unquoted options (exercisable at $0.08 each on or before 30 June 2022) via the cashless exercise facility as part of the Company's Employee Securities Incentive Plan.

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description

BOEAI : OPTION EXPIRING 30-JUN-2022 EX 9.5C

Application for quotation of +securities

6 / 9

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

TO (Existing Class) ASX +security code and description

BOE : ORDINARY FULLY PAID

Please state the number of options The first date the options were The last date the options were that were exercised or other exercised or other +convertible exercised or other +convertible +convertible securities that were securities were converted securities were converted converted 2/11/2021 2/11/2021 2,500,000

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

==> picture [9 x 9] intentionally omitted <==

An issue of new +securities

The underlying securities being received by the holder are:

==> picture [9 x 8] intentionally omitted <==

Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme?

==> picture [9 x 8] intentionally omitted <==

Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate?

==> picture [9 x 8] intentionally omitted <==

No

Issue date

2/11/2021

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

==> picture [9 x 8] intentionally omitted <==

Yes

Application for quotation of +securities

7 / 9

Application for quotation of +securities

Issue details

==> picture [21 x 22] intentionally omitted <==

Number of +securities to be quoted

1,733,871

Are the +securities being issued for a cash consideration?

==> picture [9 x 8] intentionally omitted <==

No

Please describe the consideration being provided for the +securities

Nil - Exercised via Cashless Exercise Facility

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

0.095000

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

1,733,871 shares were issued following conversion of 2,500,000 unquoted options (exercisable at $0.095 each on or before 30 June 2022) via the cashless exercise facility as part of the Company's Employee Securities Incentive Plan.

Application for quotation of +securities

8 / 9

Application for quotation of +securities

Part 4 - Issued capital following quotation

==> picture [21 x 22] intentionally omitted <==

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
BOE : ORDINARY FULLY PAID	2,283,840,822
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
BOEAK : OPTION EXPIRING 30-JUN-2023 EX 8C	31,000,000
BOEAL : OPTION EXPIRING 30-JUN-2023 EX 9.5C	31,000,000
BOEAH : OPTION EXPIRING 30-JUN-2022 EX 8C	2,500,000
BOEAI : OPTION EXPIRING 30-JUN-2022 EX 9.5C	2,500,000
BOEAJ : OPTION EXPIRING 30-JUN-2023 EX 6.5C	26,000,000
BOEAG : OPTION EXPIRING 30-JUN-2022 EX 6.5C	2,500,000
BOEAN : OPTION EXPIRING 30-JUN-2026 EX NIL	3,403,172
BOEAM : OPTION EXPIRING 30-JUN-2025 EX NIL	3,403,172

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

Application for quotation of +securities

9 / 9