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HELIX RESOURCES LIMITED Capital/Financing Update 2021

May 17, 2021

65059_rns_2021-05-17_f1922e9e-fa5a-459c-958b-da263f9961fe.pdf

Capital/Financing Update

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ASX Announcement 18 May 2021

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NOTICE UNDER SECTION 708A(5)(E) CORPORATIONS ACT

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As announced on 18 May 2021, the Company issued a total of 11,000,000 fully paid ordinary shares following the exercise of 11,000,000 options exercisable at $0.015 on or before 31 December 2022. These options were part of a broker fee from a financings undertaken in 2020.

Accordingly, the Company gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (the "Corporations Act") that:

the abovementioned ordinary shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act ;

as at the date of this notice the Company has complied with:

  • the provisions of Chapter 2M Corporations Act as they apply to the Company; and

  • section 674 Corporations Act ; and

as at the date of this notice there is no "excluded information" (as defined in subsection 708A(7) of the Corporations Act ) which is required to be disclosed by the Company.

Ben Donovan Company Secretary

The release of this announcement has been authorised by Ben Donovan, Company Secretary.

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

ABN: 27 009 138 738

Contact Details:

Helix Resources Limited 78 Churchill Avenue, SUBIACO, WA, 6008

PO Box 825 West Perth, WA, 6872

Email: [email protected]

Web: www.helixresources.com.au Tel: +61 (0)8 9321 2644

Board of Directors:

Peter Lester Non-Executive Chairman Tim Kennedy Non-Executive Director Jason Macdonald Non-Executive Director Mike Rosenstreich Managing Director

Company Secretary

Ben Donovan

Investor Contact:

Mike Rosenstreich Tel: +61 (0)8 9321 2644 Email: [email protected]

Corporate Office 78 Churchill Avenue Subiaco WA 6008 www.helixresources.com.au

T +61 8 9321 2644 F +61 8 9321 3909 E [email protected]