BULLETIN RESOURCES LIMITED — Share Issue/Capital Change 2021

Nov 2, 2021

==> picture [116 x 42] intentionally omitted <==

3 November 2021

ASX RELEASE

Exercise of Options and Cleansing Statement

Bulletin Resources Limited (‘Company’) wishes to confirm the allotment of 2,000,000 fully paid ordinary shares upon the exercise of 2,000,000 unlisted options.

An Appendix 2A has been lodged with respect to the issue of the new shares and the Company gives this notice pursuant to section 708A(5)(e) of the Corporations Act.

The Company advises that the shares were issued without disclosure to investors under Part 6D.2 of the Act. The Company, as at the date of this notice has complied with:

• (a) the provisions of Chapter 2M of the Act as they apply to the Company; and

• (b) Section 674 of the Act.

Chairman

Paul Poli

Non- Executive Directors

Robert Martin

Daniel Prior

Neville Bassett

Company Secretary

Andrew Chapman

Shares on Issue

263.06 million shares

As at the date of this notice there is no information that is excluded information for the purposes of sections 708A (7) and (8) of the Act.

This ASX report is authorised for release by the Board of Bulletin Resources Limited.

Listed Options

71.59 million

Unlisted Options

26.5 million

Yours Sincerely

==> picture [149 x 42] intentionally omitted <==

Andrew Chapman Company Secretary

Top Shareholders

Goldfire Enterprises 23.8% Top 20 Shareholders 54.73%

Market Capitalisation $19.46 million @ 7.4 cents

For further information, please contact:

Paul Poli, Chairman Phone : +61 8 9230 3585

*All references to $ are AUD unless otherwise noted

Bulletin Resources Limited

Suite 11, 139 Newcastle Street, Perth, WA 6000 I PO Box 376 Northbridge WA 6865 I phone (08) 9230 3585 I fax (08) 9227 0370 I www.bulletinresources.com

1 | P a g e