BPH ENERGY LTD — Capital/Financing Update 2017

Nov 16, 2017

17 November 2017

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Companies Announcements Office ASX Limited 10[th] Floor, 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam,

UPDATED CAPITAL STRUCTURE

Following the cancellation on 16 November 2017 of the following unquoted options:

• 60,000 options issued under employee incentive scheme exercisable at $0.08 expiring 30 June 2018

• 172,500 options issued under employee incentive scheme exercisable at $0.02 expiring 31 March 2020

the Company wishes to update the market on its revised capital structure:

Quoted Securities

Ordinary Fully Paid Shares – 588,702,017

Unquoted Securities

• 1,015,000 options issued under employee incentive scheme exercisable at $0.08 expiring 30 June 2018

• 9,795,000 options issued under employee incentive scheme exercisable at $0.02 expiring 31 March 2020

• 2,000,000 options issued under employee incentive scheme exercisable at $0.02 expiring 30 November 2020

• 2,000,000 options issued under employee incentive scheme exercisable at $0.02 expiring 30 November 2021

Yours Sincerely

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David Breeze Company Secretary

BPH Energy Limited ACN 095 912 002 PO Box 317, North Perth, Western Australia 6906 14 View Street, North Perth, Western Australia 6006 admin@biopharmica.com.au www.biopharmica.com.au T: +61 8 9328 8366 F: +61 8 9328 8733