ENEGEX LIMITED — Share Issue/Capital Change 2023

May 8, 2023

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

ENEGEX LIMITED

Date of this announcement

Tuesday May 09, 2023

The +securities the subject of this notification are: Other

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Tranche 1 Options	27,500,000	09/05/2023
to be confirmed
New class - code	Tranche 2 Options	27,500,000	09/05/2023
to be confirmed
New class - code	Tranche 1 Advisor Options	5,000,000	09/05/2023
to be confirmed
New class - code	Tranche 2 Advisor Options	5,000,000	09/05/2023
to be confirmed

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 1 - Entity and announcement details

1.1 Name of entity

ENEGEX LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ABN

Registration number

28160818986

1.3 ASX issuer code

ENX

1.4 The announcement is

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New announcement

1.5 Date of this announcement

9/5/2023

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

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Other

Please specify

Issued in relation to the issue of 65M options detailed in the Company's Appx 3B dated 17/03/23.

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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does not have an existing ASX security code ("new class")

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Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

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New +securities
ASX +security code +Security description
New class - code to be confirmed Tranche 1 Options
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
9/5/2023
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02649818-3A615849?access_token=83
ff96335c2d45a094df02a206a39ff4
Options Details
+Security currency Exercise price Expiry date
AUD - Australian Dollar AUD 0.02000000 30/6/2027
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
ENX Fully Paid Ords
Any other information the entity wishes to provide about the +securities the subject of this notification
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

The securities were notified in a 3B. Selecting that option does not allow for a new class.

Issue details

Number of +securities 27,500,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Attaching Options Purpose of the issue Other Additional Details Issued as part of placement as approved by Shareholders on 3 May 2023.

New +securities ASX +security code +Security description New class - code to be confirmed Tranche 2 Options +Security type ISIN code Options Date the +securities the subject of this notification were issued 9/5/2023 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02649818-3A615849?access_token=83 ff96335c2d45a094df02a206a39ff4

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Options Details

+Security currency AUD - Australian Dollar

Exercise price Expiry date AUD 0.04000000 1/7/2027

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

ENX Fully Paid Ordinary Shares

Any other information the entity wishes to provide about the +securities the subject of this notification

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

The securities were notified in a 3B. Selecting that option does not allow for a new class.

Issue details

Number of +securities

27,500,000

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Attaching Options

Purpose of the issue

Other

Additional Details

Issued as part of placement as approved by Shareholders on 3 May 2023.

New +securities

ASX +security code

New class - code to be confirmed

+Security description

Tranche 1 Advisor Options

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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+Security type ISIN code Options Date the +securities the subject of this notification were issued 9/5/2023 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02649818-3A615849?access_token=83 ff96335c2d45a094df02a206a39ff4 Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.02000000 30/6/2027 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description ENX Any other information the entity wishes to provide about the +securities the subject of this notification Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B The securities were notified in a 3B. Selecting that option does not allow for a new class.

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Issue details

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Number of +securities

5,000,000

Were the +securities issued for a cash consideration?

Yes In what currency was the cash consideration being What was the issue price per +security? paid? AUD - Australian Dollar AUD 0.00010000

Purpose of the issue

Other

Additional Details

Issued under the terms of mandates as detailed in the NoM for the Company's 3 May 2023 GM.

New +securities

ASX +security code New class - code to be confirmed	+Security description Tranche 2 Advisor Options
+Security type	ISIN code
Options

Date the +securities the subject of this notification were issued

9/5/2023

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02649818-3A615849?access_token=83 ff96335c2d45a094df02a206a39ff4

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Options Details

+Security currency

AUD - Australian Dollar

Exercise price Expiry date AUD 0.04000000 1/7/2027

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

ENX

Any other information the entity wishes to provide about the +securities the subject of this notification

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

The securities were notified in a 3B. Selecting that option does not allow for a new class.

Issue details

Number of +securities

5,000,000

Were the +securities issued for a cash consideration?

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Yes

In what currency was the cash consideration being What was the issue price per +security? paid? AUD - Australian Dollar AUD 0.00010000

Purpose of the issue

Other

Additional Details

Issued under the terms of mandates as detailed in the NoM for the Company's 3 May 2023 GM.

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Part 4 - +Securities on issue

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Following the issue, conversion or payment up of the +securities the subject of this application, the +securities 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)

	Total number of
ASX +security code and description	+securities on issue
ENX : ORDINARY FULLY PAID	168,916,018
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
ENXAJ : OPTION EXPIRING 22-FEB-2025 EX $0.20	750,000
ENXAK : OPTION EXPIRING 22-FEB-2026 EX $0.25	750,000
ENXAI : OPTION EXPIRING 22-FEB-2024 EX $0.15	1,250,000
ENXAC : OPTION EXPIRING 05-NOV-2023 EX $0.092	6,000,000
ENXAF : OPTION EXPIRING 24-JAN-2024 EX $0.15	750,000
ENXAG : OPTION EXPIRING 24-JAN-2025 EX $0.20	750,000
ENXAL : OPTION EXPIRING 25-NOV-2025 EX $0.04	5,000,000
ENXAH : OPTION EXPIRING 30-JUN-2024 EX $0.14	16,412,500
ENXAD : OPTION EXPIRING 29-MAR-2024 EX $0.13	1,750,000
ENXAE : OPTION EXPIRING 25-NOV-2024 EX $0.14	250,000
New class - code to be confirmed : Tranche 1 Options	27,500,000
New class - code to be confirmed : Tranche 2 Options	27,500,000
New class - code to be confirmed : Tranche 1 Advisor Options	5,000,000

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

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5,000,000

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New class - code to be confirmed : Tranche 2 Advisor Options

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

3/5/2023

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