HIGH PEAK ROYALTIES LIMITED — Capital/Financing Update 2021

Dec 29, 2021

30 December 2021

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ASX Announcement

Cleansing Statement

High Peak Royalties Limited (ASX: HPR ) ( Company ) advises that on 29 December 2021, it issued a total of 2,750,000 Fully Paid Ordinary Shares (the Securities ) without disclosure to the recipients under Part 6D.2 of the Corporations Act 2001 (Cth) (the Corporations Act ).

The Company hereby gives notice under Section 708A(5) of the Corporations Act that:

• (a) the Company has issued the Securities without disclosure to the recipients under Part 6D.2 of the Corporations Act;

• (b) as at the date of this notice, the Company has complied with the provisions of:

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

  • b. Section 674 of the Corporations Act; and

• (c) As at the date of this notice there is no information

  • a. that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

  • b. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

    • i. the assets and liabilities, financial position and performance, profits and losses and prospects of the body; or

    • ii. the rights and liabilities attaching to the relevant securities.

to the extent to which it is reasonable for investors and their professional advisers to expect

to find the information in a disclosure document.

For enquiries please contact: +61 2 8296 0011

Jarrod White Chief Financial Officer │ Company Secretary

High Peak Royalties Limited (ASX:HPR) – ABN 79 118 065 704 Suite 305 Level 3, 35 Lime Street, Sydney NSW 2000

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ABOUT HIGH PEAK ROYALTIES LIMITED

High Peak Royalties Ltd (ASX: HPR) is building a portfolio of diversified high value resource royalties around the world. In the current climate, High Peak is looking to partner with capable operators to secure royalties over high value producing assets and leverage our capital and structuring expertise.

The company’s portfolio includes

Permit / Location	Royalty Interest (%)	Operated By
PL 171 and ATP 574P	2.50	Queensland Gas/BG Group/ Shell
ATP 299PPetroleum Leases: PL29, PL38, PL39, PL52, PL57, PL95,PL169, PL170, PL293, PL294, PL295 and PL298		Santos
	3.6/4.0
Peat Gas Field (PL101)	2.13	Origin Energy
Surprise Oil Field (PL6)	1.00	Central Petroleum
Longtom Gas Field (VIC/L29)	0.30	Seven Group Holdings
WA-90-R / WA-91-R (formerly WA-315-P) Poseidon Field	0.10	Santos
EP(A)111, EP115, EP(A)120 and EP(A) 124	1.00	Central Petroleum
EP112, EP115NM and EP125	1.00	Santos
WA-482-P	0.20	Santos
EP(A)155	2.00	Mosman Oil and Gas
Planet Gas USA Inc. Royalties	3.00	Empire Energy
United States (East Texas, Permian and Texas Gulf CoastBasins)	0.20 to 0.40	Sabine Oil and Gas, Pioneer NaturalResources and Wagner OilCompany
United States (East Texas)	1.00	Silver Tusk and New CenturyOperating
ML 04/244 and ML 04/249 Admiral Bay, Canning Basin	1.5% GOR	Metalcity Ltd
	1.5% NSR
Royalty over Hydrogen Sales including Catalysts	1%	ScimTek Hydrogen Pty Ltd
Licence/Location	Ownership %	Approximate Area in km2
GEL 571 South Australia	100	1,845.23
GEL 572 South Australia	100	1,764.20
GEL 573 South Australia	100	1,180.49
GEL 574 South Australia	100	1,139.26

High Peak Royalties Limited (ASX:HPR) – ABN 79 118 065 704 Suite 305 Level 3, 35 Lime Street, Sydney NSW 2000