BPH ENERGY LTD — Share Issue/Capital Change 2022

Sep 29, 2022

Application for quotation of +securities

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

Announcement Summary

Entity name

BPH ENERGY LTD

Announcement Type

New announcement

Date of this announcement

Friday September 30, 2022

The +securities to be quoted are:

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

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
BPH	ORDINARY FULLY PAID	12,466,390	29/09/2022
BPHOB	OPTION EXPIRING 30-SEP-2024 DEFERRED	12,466,390	29/09/2022

Refer to next page for full details of the announcement

Application for quotation of +securities

1 / 7

Application for quotation of +securities

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

Part 1 - Entity and announcement details

1.1 Name of entity

BPH 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 41095912002

1.3 ASX issuer code

BPH

1.4 The announcement is

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

New announcement

1.5 Date of this announcement

30/9/2022

Application for quotation of +securities

2 / 7

Application for quotation of +securities

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

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

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

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
24-Aug-2022 18:06	New - Proposed issue of securities -	A standard +pro rata issue (non-renounceable)
	BPH

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

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

Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

Up to 115,384,615 options exercisable at $0.03 each and an expiry date of 30 September 2024 and 18,302,840 ordinary fully paid shortfall shares

Application for quotation of +securities

3 / 7

Application for quotation of +securities

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

Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Corporate Action Component Detail

ASX +security code and description

BPH : ORDINARY FULLY PAID

Issue date

29/9/2022

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

Total percentage of +securities held For example, to enter a value of 50% please input as 50.00

Number of +securities held Number of holders 1 - 1,000 % 1,001 - 5,000 % 5,001 - 10,000 % 10,001 - 100,000 % 100,001 and over %

Application for quotation of +securities

4 / 7

Application for quotation of +securities

Issue details

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

Number of +securities to be quoted 12,466,390 Issue currency Issue price or consideration per +security AUD - Australian Dollar AUD 0.01300000 Any other information the entity wishes to provide about the +securities to be quoted ASX +security code and description BPHOB : OPTION EXPIRING 30-SEP-2024 DEFERRED Issue date 29/9/2022

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

		Total percentage of +securities held
Number of +securities held	Number of holders	For example, to enter a value of 50%
		please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000		%
100,001 and over		%

Application for quotation of +securities

5 / 7

Application for quotation of +securities

Issue details

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

Number of +securities to be quoted

12,466,390 Issue currency Issue price or consideration per +security AUD - Australian Dollar AUD

Any other information the entity wishes to provide about the +securities to be quoted Options with an exercise price of $0.03 per share and an expiry date of 30 September 2024

Application for quotation of +securities

6 / 7

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
BPH : ORDINARY FULLY PAID	792,799,256
BPHOB : OPTION EXPIRING 30-SEP-2024 DEFERRED	43,235,620

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
BPHAE : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	1,600,000
BPHAG : OPTION EXPIRING 08-FEB-2023 EX $0.26	7,285,714
BPHO : OPTION EXPIRING 30-SEP-2024 DEFERRED	101,387,762

Application for quotation of +securities

7 / 7