EVION GROUP NL — Capital/Financing Update 2020

Oct 8, 2020

9 October 2020

==> picture [139 x 62] intentionally omitted <==

----- Start of picture text ----- ASX:BEM----- End of picture text -----

ASX Announcement

Notice under section 708A(5)(e) of the Corporations Act

Further to its announcement of 2 October 2020, BlackEarth Minerals NL (ASX:BEM) (‘the Company’) has today issued and allotted 28,413,880 fully paid ordinary shares in the capital of the Company (the ‘Shares’). Accordingly, the Company gives notice under section 708A(5)(e)(i) of the Corporations Act 2001 (Cth) (‘Act’) that, in accordance with section 708A(6) of the Act:

1. the Shares were issued without disclosure to investors under Part 6D.2 of the Act;

2. as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and with section 674 of the Act, and

3. as at the date of this notice there is no information to be disclosed which is “excluded information” within the meaning of sections 708A(7) and 708A(8) of the Act which is required to be disclosed under section 708A(6)(e) of the Act.

As announced on 5 October 2020, the Company intends to undertake a share purchase plan without disclosure to investors in accordance with Part 6D.2 of the Corporations Act. With regards to the share purchase plan, notice is also given in accordance with paragraph 7(f)(ii) of ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547.

This announcement has been approved by the Company’s Disclosure Committee for release.

Yours sincerely

==> picture [175 x 49] intentionally omitted <==

---

David Round Company Secretary

For more information – www.blackearthminerals.com.au

BlackEarth Minerals NL ACN 610 168 191

PO BOX 1088 West Perth WA 6872

Level 1, 677 Murray Street West Perth WA 6872

info@blackearthminerals.com.au blackearthminerals.com.au