Blaze International : Amended Appendix 3B

Appendix 3B

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

New issue announcement, application for quotation of additional securities and agreement

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.

Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13

Name of entity

Blaze International Limited

ABN

15 074 728 019

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1	+Class of +securities issued or to be issued	Fully Paid Ordinary Shares and (c) Unquoted Options
2	Number of +securities issued or to be issued (if known) or maximum number which may be issued	(a) 1,012,597 (b) 506,313 (c) 50,000,000
3	Principal terms of the +securities (e.g. if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)	Fully Paid Ordinary Shares and (c) Unquoted Options exercisable at $0.08 on or before 1 March 2019.

4	Do the +securities rank equally in all respects from the +issue date with an existing +class of quoted +securities? If the additional +securities do not rank equally, please state: the date from which they do the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment	Yes and (c) Not at the date of allotment - shares issued upon the exercise of options will rank equally with all other issued fully paid ordinary shares of the Company.
5	Issue price or consideration	Fully Paid Ordinary Shares at an issue price of $0.05 per Share. Free attaching Unquoted Options issued for nil consideration. Unquoted Options issued for $0.0001 per Option.
6	Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets)	(a) and (b) Issued pursuant to the Company's Rights Issue Prospectus released to ASX on 4 November 2016. (c) Private placement to Wholesale and Sophisticated Investors approved by Shareholders at the Company's 30 November 2016 AGM.
6a	Is the entity an +eligible entity that has obtained security holder approval under rule 7.1A? If Yes, complete sections 6b - 6h in relation to the +securities the subject of this Appendix 3B, and comply with section 6i	Yes
6b	The date the security holder resolution under rule 7.1A was passed	30 November 2016
6c	Number of +securities issued without security holder approval under rule 7.1	Nil

+ See chapter 19 for defined terms.

Appendix 3B Page 2 04/03/2013

6d	Number of +securities issued with security holder approval under rule 7.1A	Nil
6e	Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)	50,000,000 Unquoted Options approved by Shareholders at the Company's AGM held on 30 November 2016.
6f	Number of +securities issued under an exception in rule 7.2	1,012,597 Fully Paid Ordinary Shares and 506,313 Unquoted Options
6g	If +securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the +issue date and both values. Include the source of the VWAP calculation.	N/A
6h	If +securities were issued under rule 7.1A for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements	N/A
6i	Calculate the entity's remaining issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements	7.1: 19,051,890 7.1A: 12,701,260
7	+Issue dates Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A. Cross reference: item 33 of Appendix 3B.17	18 January 2017
Number	+Class
8	Number and +class of all +securities quoted on ASX (including the +securities in section 2 if applicable)	127,012,597	Fully paid ordinary shares

Number	+Class
75,506,313	Unlisted options exercisable at $0.08, expiring 1 March 2019.

1. Number and +class of all

   +securities not quoted on ASX (including the +securities in section 2 if applicable)

   N/A

2. Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)

Part 2 - Pro rata issue

11	Is security holder approval required?	N/A
12	Is the issue renounceable or non- renounceable?
13	Ratio in which the +securities will be offered
14	+Class of +securities to which the offer relates
15	+Record date to determine entitlements
16	Will holdings on different registers (or subregisters) be aggregated for calculating entitlements?
17	Policy for deciding entitlements in relation to fractions
18	Names of countries in which the entity has security holders who will not be sent new offer documents Note: Security holders must be told how their entitlements are to be dealt with. Cross reference: rule 7.7.
19	Closing date for receipt of acceptances or renunciations

+ See chapter 19 for defined terms.

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