MINBOS RESOURCES LIMITED — Share Issue/Capital Change 2020

Oct 4, 2020

Notification of Consolidation/Split

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

MINBOS RESOURCES LIMITED

Applicable security for the reorganisation

MNB	ORDINARY FULLY PAID
Announcement Type
Update to previous announcement

Date of this announcement Monday October 5, 2020 Reason for the Update Updated consolidation timetable

Refer to below for full details of the announcement

Notification of Consolidation/Split

1 / 4

Notification of Consolidation/Split

==> picture [21 x 22] intentionally omitted <==

Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

MINBOS RESOURCES LIMITED

1.2 Registered Number Type Registration Number ACN 141175493 1.3 ASX issuer code MNB

1.4 The announcement is Update/amendment to previous announcement

1.4a Reason for update to a previous announcement Updated consolidation timetable

1.4b Date of previous announcement(s) to this update Thursday September 10, 2020

1.5 Date of this announcement Monday October 5, 2020

1.6 Securities affected by the consolidation or split

ASX +Security Code ASX +Security Description MNB ORDINARY FULLY PAID

Part 2 - Approvals

Notification of Consolidation/Split

2 / 4

Notification of Consolidation/Split

==> picture [21 x 22] intentionally omitted <==

• 2.1 Are any of the below approvals required for the consolidation or split before business day 0 of the timetable? Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval FIRB approval

Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the consolidation or split.

==> picture [8 x 9] intentionally omitted <==

Yes

2.2 Approvals

Approval/Condition

Approval/Condition Date for determination Is the date estimated or Approval actual? received/condition met? +Security holder approval Tuesday November 3, 2020 Estimated No

Comments

Part 3 - Consolidation or split timetable and details

3.1 +Record date

Thursday November 12, 2020

3.2 Date of +security holder meeting

Tuesday November 3, 2020

3.2a Effective date of consolidation or split

Friday November 6, 2020

3.3 Last day for trading in the pre consolidation or split +securities

Tuesday November 10, 2020

3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.

Wednesday November 11, 2020

3.5 Record date

Thursday November 12, 2020

3.6 First day for entity to update its register and to send holding statements to +security holders reflecting the change in the number of +securities they hold.

Friday November 13, 2020

3.7 Last day for entity to update its register and send holding statements to +security holders reflecting the change in the number of +securities they hold and to notify ASX that this has occurred. (+Issue Date)

Wednesday November 18, 2020

3.8 Trading starts on a normal T+2 basis

Thursday November 19, 2020

Notification of Consolidation/Split

3 / 4

Notification of Consolidation/Split

==> picture [21 x 22] intentionally omitted <==

==> picture [540 x 720] intentionally omitted <==

----- Start of picture text -----

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis
Monday November 23, 2020
Part 4 - Event type and details
4.1 The event is
+Security consolidation
4.1a Consolidation ratio: the +securities will be consolidated on the basis that every
20
(pre-consolidation) +securities will be consolidated into
1
(post-consolidation) +security (/ies).
4.2 Scrip fraction rounding
Fractions rounded up to the next whole number
Part 5 - +Securities on issue before and after consolidation or split
5.1 +Securities on issue before and after the consolidation or split
ASX +Security Code ASX +Security Description
MNB ORDINARY FULLY PAID
Quoted/unquoted Number on issue pre Number on issue post Estimate/Actual
Quoted consolidation or split consolidation or split Estimated
5,654,561,320 282,728,066
Part 6 - Further information
6.1 Further information relating to the consolidation or split
6.2 Additional information for inclusion in the Announcement Summary
----- End of picture text -----

Notification of Consolidation/Split

4 / 4