GREAT BOULDER RESOURCES LIMITED — Share Issue/Capital Change 2020

Jan 9, 2020

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10 January 2020

The Manager ASX Market Announcements Australian Securities Exchange Limited

Dear Sir/Madam,

RELEASE FROM VOLUNTARY ESCROW

Great Boulder Resources Limited ( Great Boulder or the Company ) (ASX:GBR) confirms the following securities have been released from voluntary escrow on 10 January 2020:

Ordinary shares fully paid 980,392

The above shares were previously issued as part of the Option Agreement with Zebina Minerals over the Whiteheads Project in August 2019.

Yours faithfully Great Boulder Resources Ltd

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Melanie Ross Company Secretary

E: admin@greatboulder.com.au ABN 70 611 695 955

ASX Code: GBR Contact: Andrew Paterson, Managing Director P: +61 8 6323 7800 PO Box 1565, Applecross 6953, Western Australia

GREATBOULDER.COM.AU