A Cap Energy : AMENDED APPENDIX 2A'S

For personal use only

ASX RELEASE

15t h March 2022

Company Announcements Office

Australian Securities Exchange Limited

4th Floor

SYDNEY, NSW 2000

Dear Sir/Madam

AMENDED APPENDIX 2A's

Attached are an -

• Amended Appendix 2A relating to 82,079,006 ACB Shares and 41,039,445 ACBO options relating to a change of issue date from 15 March to 16 March 2022; and
• Amended Appendix 2A relating to 5,000,000 ACBO Broker Options relating to a change of issue date from 15 March to 16 March 2022.

Yours sincerely

M K Smartt

Company Secretary

A-Cap Energy Limited - 52 Ord Street West Perth WA 6005 - T: [phone]

A-Cap Resources Botswana (Pty) Ltd - Plot 374 Moffat St, Francistown, Botswana - T: [phone]

[e-mail] www.a-cap.com.au

For personal use only

This appendix is available as an online form
Only use this form if the online version is not available	+Rule 2.8, 3.10.3A to 3.10.3D

Appendix 2A

Application for quotation of +securities

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

If you are an entity incorporated outside Australia and you are seeking quotation of a new class of +securities other than CDIs, you will need to obtain and provide an International Securities Identification Number (ISIN) for that class. Further information on the requirement for the notification of an ISIN is available from the Create Online Forms page. ASX is unable to create the new ISIN for non- Australian issuers.

*Denotes minimum information required for first lodgement of this form, with exceptions provided in specific notes for certain questions. The balance of the information, where applicable, must be provided as soon as reasonably practicable by the entity.

Part 1 - Entity and announcement details

Question	Question	Answer
no
1.1	*Name of entity	ACap Energy Limited
	We (the entity here named) apply for
	+quotation of the following +securities and
	agree to the matters set out in
	Appendix 2A of the ASX Listing Rules.1
1.2	*Registration type and number
	Please supply your ABN, ARSN, ARBN, ACN or
	another registration type and number (if you supply
	another registration type, please specify both the type
	of registration and the registration number).

1.3 *ASX issuer code

1.4	*This announcement is	☐ A new announcement
	Tick whichever is applicable.	☒ An update/amendment to a previous
		announcement
		☐ A cancellation of a previous
		announcement
1.4a	*Reason for update	Issue date amendment form 15 March to 16
	Answer this question if your response to Q 1.4 is an	March 2022
	update/amendment to previous announcement.
1.4b	*Date of previous announcement to this	14 March 2022
	update
	Answer this question if your response to Q 1.4 is an
	update/amendment to previous announcement.
1.4c	*Reason for cancellation	N/a
	Answer this question if your response to Q 1.4 is "A
	cancellation of a previous announcement"

• Appendix 2A of the Listing Rules includes a warranty that an offer of the securities for sale within 12 months after their issue will not require disclosure under section 707(3) or 1012C(6) of the Corporations Act. If you are in any doubt as to the application of, or the entity's capacity to give, this warranty, please see ASIC Regulatory Guide 173 Disclosure for on-sale of securities and other financial products and consult your legal adviser.

+ See chapter 19 for defined terms
5 June 2021	Page 1

only

	This appendix is available as an online form	Appendix 2A
			Application for quotation of +securities
	1.4d	*Date of previous announcement to this	14 March 2022
		cancellation
		Answer this question if your response to Q 1.4 is "A
		cancellation of a previous announcement"

1.5 *Date of this announcement

Part 2 - Type of issue

Question Question	Answer
No.

personal use

2.1 *The +securities to be quoted are:

Select whichever item is applicable.

If you wish to apply for quotation of different types of issues of securities, please complete a separate Appendix 2A for each type of issue.

• +Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B
• +Securities issued under a +dividend or distribution plan
• +Securities issued, transferred or re- classified as a result of options being exercised or other +convertible securities being converted
• Unquoted partly paid +securities that have been fully paid up and are now to become quoted fully paid +securities

Note: there is no need to apply for quotation of the fully paid securities if the partly paid securities were already quoted

• +Restricted securities where the escrow period has expired or is about to expire
• +Securities previously issued under an +employee incentive scheme where the restrictions on transfer have ceased or are about to cease
• +Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer
• Other [please specify]

For

		If you have selected 'other' please explain the
		circumstances of the issue here:
2.1a	*Have the +securities to be quoted been	No
	issued yet?
2.1a.1	*What was their date of issue?	N/a
	Answer this question if your response to Q2.1a is
	"Yes".
2.1a.2	*What is their proposed date of issue?	16 March 2022
	Answer this question if your response to Q2.1a is "No".
2.2a.1	*Date of Appendix 3B notifying the market	14 Feb 22
	of the proposed issue of +securities for
	which quotation is now being sought
	Answer this question if your response to Q2.1 is
	"Securities issued as part of a transaction or
	transactions previously announced to the market in an
	Appendix 3B"

+ See chapter 19 for defined terms
5 June 2021	Page 2

personal use only

	This appendix is available as an online form	Appendix 2A
			Application for quotation of +securities
	2.2a.2	*Are there any further issues of +securities	Yes
		yet to take place to complete the
		transaction(s) referred to in the
		Appendix 3B?
		Answer this question if your response to Q2.1 is
		"Securities issued as part of a transaction or
		transactions previously announced to the market in an
		Appendix 3B".
	2.2a.2.1	*Please provide details of the further issues	An amended 2A for 5 million Broker
		of +securities yet to take place to complete	Options
		the transaction(s) referred to in the
		Appendix 3B
		Answer this question if your response to Q2.1 is
		"Securities issued as part of a transaction or
		transactions previously announced to the market in an
		Appendix 3B" and your response to Q2.2a.2 is "Yes".
		Please provide details of the proposed dates and
		number of securities for the further issues. This may
		be the case, for example, if the Appendix 3B related to
		an accelerated pro rata offer with an institutional
		component being quoted on one date and a retail
		component being quoted on a later date.
	2.2b.1	Date of Appendix 3A.1 lodged with ASX in	N/a
		relation to the underlying +dividend or
		distribution
		Answer this question if your response to Q2.1 is
		"Securities issued under a dividend or distribution
		plan".
	2.2c.1	Please state the number and type of	N/a
		options that were exercised or other
		+convertible securities that were converted
		(including their ASX security code)
		Answer this question if your response to Q2.1 is
		"Securities issued, transferred or re-classified as a
		result of options being exercised or other convertible
		securities being converted".
	2.2c.2	And the date the options were exercised or	N/a
		other +convertible securities were
		converted

Answer this question if your response to Q2.1 is "Securities issued, transferred or re-classified as a result of options being exercised or other convertible securities being converted".

Note: If this occurred over a range of dates, enter the first date and last date of the period in which the options were exercised or convertible securities were converted.

For

2.2c.3 Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)?

Answer this question if your response to Q2.1 is "Securities issued, transferred or re-classified as a result of options being exercised or other convertible securities being converted".

Yes or No

Note: If you have answered "No", consider whether you need to lodge an Appendix 3H with ASX notifying ASX of the cessation of some or all of the remaining options or other convertible securities under Listing Rule 3.10.E. This may the case, for example, if options have lapsed because they have passed their expiry date without being exercised, or convertible debt securities have been repaid or redeemed without being converted.

	2.2c.4	The right of the holder of the options or	☐ An issue of new +securities
		other +convertible securities to receive the	☐ A transfer of existing +securities
		+underlying securities is being satisfied by:	☐ A reclassification of the +convertible
		Answer this question if your response to Q2.1 is
		securities as securities in the same
		"Securities issued, transferred or re-classified as a
		result of options being exercised or other convertible	class as the +underlying securities
		securities being converted".

+ See chapter 19 for defined terms
5 June 2021	Page 3

For personal use only

	This appendix is available as an online form		Appendix 2A
					Application for quotation of +securities
	2.2c.5		The underlying securities being received by	☒ Already quoted by ASX
			the holder are:		☐ Intended to be, but are not yet, quoted
			Answer this question if your response to Q2.1 is
			by ASX
			"Securities issued, transferred or re-classified as a
			result of options being exercised or other convertible	☐ Are not, and are not intended to be,
			securities being converted".		quoted by ASX
	2.2c.6		Were the options being exercised or other	Yes or No
			+convertible securities being converted
			issued under an +employee incentive
			scheme?
			Answer this question if your response to Q2.1 is "Securities
			issued, transferred or re-classified as a result of options
			being exercised or other convertible securities being
			converted".
	2.2c.7		*Are any of the options being exercised or	Yes or No
			other +convertible securities being
			converted held by +key management
			personnel (KMP) or an +associate?
			Answer this question if your response to Q2.1 is "Securities
			issued, transferred or re-classified as a result of options
			being exercised or other convertible securities being
			converted" and your response to Q2.2c.6 is "Yes".
	2.2c.7.a		*Provide details of the KMP or +associates who are exercising options or converting
			convertible securities.
			Answer this question if your response to Q2.1 is "Securities issued, transferred or re-classified as a result of
			options being exercised or other convertible securities being converted", your response to Q2.2c.6 is "Yes" and
			your response to Q2.2c.7 is "Yes". Repeat the detail in the table below for each KMP involved. If the options or
			other convertible securities are held by the KMP, repeat the name of the KMP or insert "Same" in "Name of
			registered holder". If the options or other convertible securities are held by an associate of a KMP, insert the
			name of the associate in "Name of registered holder".
			Name of KMP	Name of registered holder	Number of options
			[200 characters]	[200 characters]		being exercised or
						other +convertible
						securities being
						converted
						[16 characters]
	2.2d.1	Please state the number and type of
			unquoted partly paid +securities (including
			their ASX security code) that have been
			fully paid up and that are now to become
			quoted on ASX
			Answer this question if your response to Q2.1 is "Partly
			paid securities that have been fully paid up and are
			now to become quoted fully paid securities".
	2.2d.2		And the date the +securities were fully paid
			up
			Answer this question if your response to Q2.1 is "Partly
			paid securities that have been fully paid up and are
			now to become quoted fully paid securities".
			Note: If this occurred over a range of dates, enter the
			date the last of the securities was fully paid up.

+ See chapter 19 for defined terms
5 June 2021	Page 4