INVICTUS ENERGY LTD — Share Issue/Capital Change 2022

Jan 12, 2022

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

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Announcement Summary

Entity name

INVICTUS ENERGY LTD

Date of this announcement

Thursday January 13, 2022

The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
IVZAK	OPTION EXPIRING VARIOUS DATES EX	17,499,994	12/01/2022
	VARIOUS PRICES

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

INVICTUS ENERGY LTD

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

21150956773

1.3 ASX issuer code

IVZ

1.4 The announcement is

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New announcement

1.5 Date of this announcement

13/1/2022

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 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
29-Dec-2021 10:13	New - Proposed issue of securities - IVZ	A placement or other type of issue

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

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No

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 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description

IVZAK : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Date the +securities the subject of this notification were issued 12/1/2022

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

Options issued on a 1-for-2 basis at an exercise price of $0.14 expiry 31-Jan-2025 as part of placement

Issue details

Number of +securities 17,499,994 Were the +securities issued for a cash consideration? No

Please describe the consideration being provided for the +securities

Options issued on a 1-for-2 basis at an exercise price of $0.14 expiry 31-Jan-2025 as part of placement announced on 29 December 2021. Shares issued at an issue price of $0.10 per share

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 4 - +Securities on issue

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
IVZ : ORDINARY FULLY PAID	620,077,387
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
IVZAK : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	26,499,994
IVZAM : OPTION EXPIRING 30-MAR-2024 EX $0.17	36,363,636
IVZAN : OPTION EXPIRING 23-Jul-2024 EX $0.2355	15,000,000
IVZAL : PERFORMANCE RIGHTS	44,179,281

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

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

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