TRIANGLE ENERGY (GLOBAL) LIMITED — Capital/Financing Update 2021

Aug 8, 2021

Application for quotation of +securities

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

Announcement Summary

Entity name

TRIANGLE ENERGY (GLOBAL) LIMITED

Announcement Type

New announcement

Date of this announcement

Monday August 09, 2021

The +securities to be quoted are:

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

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
TEG	ORDINARY FULLY PAID	5,454,542	09/08/2021
TEGO	OPTION EXPIRING 04-AUG-2023	2,727,271	09/08/2021

Refer to next page for full details of the announcement

Application for quotation of +securities

1 / 7

Application for quotation of +securities

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

Part 1 - Entity and announcement details

1.1 Name of entity

TRIANGLE ENERGY (GLOBAL) LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ABN

Registration number 52110411428

1.3 ASX issuer code

TEG

1.4 The announcement is

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

New announcement

1.5 Date of this announcement

9/8/2021

Application for quotation of +securities

2 / 7

Application for quotation of +securities

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

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

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

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
17-Jun-2021 10:02	New - Proposed issue of securities -	A placement or other type of issue
	TEG

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? No

Application for quotation of +securities

3 / 7

Application for quotation of +securities

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

Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description TEG : ORDINARY FULLY PAID

Issue date 9/8/2021

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

Total percentage of +securities held Number of +securities held Number of holders For example, to enter a value of 50% please input as 50.00 1 - 1,000 % 1,001 - 5,000 % 5,001 - 10,000 % 10,001 - 100,000 % 100,001 and over %

Application for quotation of +securities

4 / 7

Application for quotation of +securities

Issue details

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

Number of +securities to be quoted 5,454,542 Are the +securities being issued for a cash consideration? Yes In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.02200000 Any other information the entity wishes to provide about the +securities to be quoted Directors' participation in Tranche 2 of the Placement announced on 17 June 2021 and as approved by shareholders at a General Meeting held on 28 July 2021. ASX +security code and description TEGO : OPTION EXPIRING 04-AUG-2023 Issue date 9/8/2021

Distribution Schedule

Provide a distribution schedule for	the new +securities according	to the categories set out in the left hand column -
including the number of recipients and the total percentage of the		new +securities held by the recipients in each
category.
		Total percentage of +securities held
Number of +securities held	Number of holders	For example, to enter a value of 50%
		please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000		%
100,001 and over		%

Application for quotation of +securities

5 / 7

Application for quotation of +securities

Issue details

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

Number of +securities to be quoted

2,727,271

Are the +securities being issued for a cash consideration?

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

No

Please describe the consideration being provided for the +securities

The options are being issued for nil consideration as they represent the free attaching quoted options as part of Tranche 2 of the placement announced on 17 June 2021.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.000000

Any other information the entity wishes to provide about the +securities to be quoted

Directors' participation in Tranche 2 of the Placement announced on 17 June 2021 and as approved by shareholders in a General Meeting held on 28 July 2021.

Application for quotation of +securities

6 / 7

Application for quotation of +securities

Part 4 - Issued capital following quotation

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

Following the quotation of the +securities the subject of this application, the issued capital 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 on ASX following the +quotation of the +securities subject of this application)

	Total number of
ASX +security code and description	+securities on issue
TEG : ORDINARY FULLY PAID	1,075,308,936
TEGO : OPTION EXPIRING 04-AUG-2023	512,549,465

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
TEGAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	1,807,768
TEGAC : OPTION EXPIRING 08-FEB-2022 EX $0.03	4,000,000
TEGAB : PERFORMANCE RIGHTS	49,047,173

Application for quotation of +securities

7 / 7