MINBOS RESOURCES LIMITED — Capital/Financing Update 2022

Nov 24, 2022

ASX Announcement

25 November 2022

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EXERCISE OF OPTIONS AND CLEANSING NOTICE

Minbos Resources Limited (“ Minbos ” or “ the Company ”) ( ASX: MNB ) advises that it has today issued 9,000,000 fully paid ordinary shares (Shares) pursuant to the exercise of 9,000,000 unlisted options (Options) with an exercise price of $0.05 expiring on 26 November 2022, raising $450,000.

An Appendix 2A applying for the quotation of the Shares will be released to the ASX immediately following this announcement.

The Shares have been issued under Exception 9 of ASX Listing Rule 7.1 and 7.1A and have not utilised the Company’s existing placement capacity available under the Listing Rules.

Cleansing Notice

For the purposes of section 708A(6) of the Corporations Act, the Company gives notice under section 708A(5)(e) of the Corporations Act as follows:

• a) The Company issued the Shares without disclosure to investors under Part 6D.2 of the Corporations Act;

• b) As at the date of this notice the Company has complied with:

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

• ii. Section 674 of the Corporations Act; and

• c) As at the date of this notice there is no excluded information of the type referred to in sections 708A(7) and 708A(8) of the Corporations Act.

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This announcement is authorised for release by the board of Minbos Resources Limited.

Minbos Resources Limited ABN 93 141 175 493 T: +61 8 6270 4610 E: info@minbos.com W: www.minbos.com Office : Suite 5, 254 Rokeby Rd, Subiaco WA 6008