Boss Energy Limited (ASX: BOE; OTCQX: BQSSF) (the Company) advises that the Share Purchase Plan (SPP) announced on 16 March 2022 will close today at 5:00pm (Sydney time) Monday, 4 April 2022.

To date, the Company has received valid applications well in excess of $5 million but will keep the SPP offer open until 5:00pm (Sydney time) today to allow all shareholders the opportunity to participate. The Directors have decided to close the SPP early in order to limit the level of scale back.

The SPP was undertaken to raise up to $5 million and eligible shareholders were entitled to be issued up to $20,000 worth of shares in the Company (subject to scale back at the Company's absolute discretion) at an issue price of $2.15 per new share.

In conjunction with funds raised under the Company's recently announced placement, the proceeds of the SPP will be applied towards development of the Company's Honeymoon Uranium Project.

The SPP shares are expected to be issued on Friday, 8 April 2022 and to commence trading on ASX on Monday, 11 April 2022.

This announcement was approved and authorised by the Board of Boss Energy Limited.

Contact:

Duncan Craib

Tel: +61 (8) 6263 4494

Email: boss@bossenergy.com

This announcement has been prepared for publication in Australia and may not be released to US wire services or distributed in the United States. This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States or any other jurisdiction. Any securities described in this announcement have not been, and will not be, registered under the US Securities Act of 1933 and may not be offered or sold in the United States except in transactions exempt from, or not subject to, the registration requirements of the US Securities Act and applicable US state securities laws.

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