WHITEBARK ENERGY LTD (WBE)

The suspension of trading in the securities of Whitebark Energy Limited will be lifted from the commencement of trading on Friday, 4 October 2024 following lodgement of its Full Year Accounts.

The company lodges its Financial Report for the year ended 30 June 2024.

The securities of the company will be suspended from quotation under Listing Rule 17.5 from the commencement of trading today, Tuesday, 1 October 2024, for not lodging the relevant periodic report by the due date. If the report is lodged between the closure of the market announcements office on Monday, 30 September 2024, and the imposition of the suspension, the entity's securities will normally be reinstated to quotation on the next trading day after the suspension is imposed.

The suspension of trading in the securities of Whitebark Energy Ltd will be lifted immediately following the release by WBE of an announcement regarding the a material third party proposal regarding a partial divestment of the Company's Wizard Lake assets and a Capital Raising in relation to its existing Australian Geothermal Portfolio.

The company releases a notice of proposed issue of securities.

Whitebark Energy's 100% owned Rex Energy has executed a Purchase and Sale Agreement which will see Conflux Energy Corp. assume a 90% interest in the Canadian operations. The transaction, which has a number of customary conditions precedent, involves Conflux assuming all outstanding contingent liabilities in Rex Energy of CAD $1.44M. In addition, Conflux will contribute funding and investment in the field to bring the field into full production which the Directors of Whitebark believe will result in positive cash returning to the Australian operations. Rex will be free carried for this expenditure. Conflux is a Canadian private company based in Alberta managed by personnel with a strong track record of operating oil and natural gas projects in the Western Canadian Sedimentary Basin.

Whitebark will conduct a placement and Entitlement Offer to raise a total of A$1.5 Million. The Company has received commitments for A$500,000 via an institutional placement at A$0.012 per share. Whitebark will offer all Eligible Shareholders the opportunity to apply for fully paid ordinary shares at the same price as the Placement to raise up to an additional A$1.0 million. Funds raised under the Placement and Entitlement Offer will be used to accelerate the development of Whitebark's EPG2037 and EPG2040 assets and advance both assets to the Final Investment Decision stage, as well as developing the Warro asset and other geothermal assets in the portfolio. Specifically, Whitebark will target early commerciallity of Hydrogen production in EPG2037 and EPG2040 using geothermal energy. It is intended capital rasied will complement various government funding initiatives that the Company is currently persuing. Whitebark remains focused on its stated objective of being the first company in Australia to commission a commercial geothermal project.

The voluntary suspension should remain in place until the earlier of: the release of further announcements by the Company in relation to a material third party proposal regarding a partial divestment of the Company's Wizard Lake assets and a Capital Raising in relation to its Australian Geothermal Portfolio; or the commencement of normal trading on Friday, 14 June 2024.

The securities of Whitebark Energy Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of WBE, pending the release of an announcement regarding the partial divestment of its Wizard Lake assets and a capital raising.

The suspension of trading in the securities of Whitebark Energy Ltd will be lifted from the commencement of trading on Tuesday, 7 June 2022, following the release by WBE of an announcement regarding the completion of a capital raising and confirmation of satisfaction of ASX's conditions for reinstatement.

Whitebark has received unconditional approval for reinstatement to Official Quotation from the Australian Securities Exchange and will exit voluntary suspension on 7 June 2022. The Company will utilise proceeds from its recently completed non-renounceable entitlement offer to fund stage 1 of the Rex-4 development well at Wizard Lake. Whitebark expects to commence Rex-4 development activities by 30 June 2022.

The company releases the following: Distribution Schedule and Top 20 Shareholders.

All conditions to the offer under the prospectus have been satisfied and the company has issued 968,669,625 shares and 484,334,837 free-attaching options under the offer at an issue price of $0.002 per share to raise $1,937,339. All conditions to the shortfall offer under the prospectus have been satisfied and the company has issued 281,330,500 shares and 140,665,250 freeattaching optoins under the shortfall offer at an issue price of $0.002 per share to raise an additional $562,661. The offer and shortfall offer have closed, under which an aggregate of $2,500,000 was raised.

The company releases a notification regarding unquoted securities.

The company releases an application for quotation of securities.

Whitebark has successfully raised $2.5M under the Entitlement and Shortfall Offer. Net proceeds will fund exploration and development activities at the Company's Wizard Lake Project and costs associated with the Offer. The Company believes it has satisfied the ASX's reinstatement conditions and expects a formal response on its relisting status in the coming days. All eligible directors taking up their full entitlement.

The company releases an updated notice of proposed issue of securities.

The company releases an updated notice of proposed issue of securities. The update relates to the extension of the allotment date.

The company releases an updated notice of proposed issue of securities. The reason for the update is the extension of the allotment date.

Whitebark has successfully raised $1.937 million under the Entitlement Offer. The Entitlement Offer was strongly supported with 338 shareholders participating and all eligible directors taking up their full entitlement. The Company will also issue 1 Option for every 2 New Shares applied for under the Entitlement Offer following completion of the Shortfall Offer.

The company lodges its Quarterly Activities/Appendix 5B Cash Flow Report.

The company releases a supplementary prospectus.

The company lodges its Half Year Financial Statements.

The company releases an updated notice of proposed issue of securities.

The company releases a letter to its shareholders regarding the extension of the entitlement offer closing date and full director participation. The closing date of the offer has been extended by 2.5 weeks for the release of the Whitebark Half Year Accounts prior to the close of the offer. The new closing date is 27 April 2022.

The company releases a notice of Issue of Unlisted Options - Appendix 3G and Appendix 3Y

The company releases a notice of Lapse of Unlisted Options - Appendix 3H.

The company releases an Investor Presentation.

The 1-for-2 pro rata non-renounceable entitlement offer is now open.

The company issues a prospectus for a non-renounceable entitlement issue of 1 (one) Share for every 2 (two) Shares held by those Shareholders registered at the Record Date at an issue price of $0.002 per Share together with 1 (one) free attaching Option for every 2 (two) Shares applied for and issued to raise up to $4,373,125.55.

The company releases a noticee of proposed issue of securities.

The Company is seeking to raise up to approximately $4,373,125.55 (before costs) through a pro rata non-renounceable entitlements offer of one (1) fully paid ordinary share in the capital of the Company for every two (2) Shares held by eligible shareholders on 16 March 2022 at an issue price of $0.002 per Share together with one (1) free attaching options for every two (2) Shares subscribed for. The minimum subscription in respect of the Entitlement Offer is $2,500,000.

The company releases the following: Chairman's Address to Shareholders, CEO Presentation and the results of its AGM.

The company lodges its Quarterly Activities/Appendix 5B Cash Flow Report.

The company lodges its Quarterly Activities/Appendix 5B Cash Flow Report.

Notice is given that the Annual General Meeting of Shareholders of Whitebark Energy Ltd for 2021 will be held at 11.00 am (Adelaide time) on Friday 25 February 2022.

The company announces further clarification under LR 5.31 and 5.32 to its Reserves and Resources assessment as at 30 June, 2021. Whitebark Energy Ltd is the Operator, through its wholly-owned Canadian subsidiary Rex Energy Ltd, and holds a 100% share of, the Wizard Lake Oil and Gas Field in Alberta, Canada. Permits are held as Alberta Energy Regulator Petroleum and Natural Gas Mineral Leases with standard Royalty agreements with various freehold lessors. 1P (Proved) Reserves of 0.981 MMbbls of oil, 7.55 bcf of gas and 151 Mbbls NGLs: Total 2.39 MMboe with NPV10% AUD 26.06 million. 2P (Proved plus Probable) of 2.073 MMbbls of oil, 15.67 bcf of gas and 313 Mbbls NGLs: Total 4.998 MMboe with NPV10% AUD 50.645 million.

The company's wholly-owned subsidiary Rex Energy Ltd. has renewed its relevant tenure agreements at Wizard Lake Oil and Gas Field with PrairieSky Royalty Limited effective 29 November 2021.

The government of lberta, by a Certificate of Amendment, under the Business Corporations Act, has approved the change of name of its subsidiary "Salt Bush Energy Ltd." to "Rex Energy Ltd." effective 13 August 2021. Rebranding of Saltbush Energy to Rex Energy Ltd reflects the name of the hydrocarbon-producing formation at Wizard Lake Oil and Gas Field. Re-branding is considered appropriate to reflect change of management and renewal of the company to service providers.

The company lodges its Quarterly Activities/Appendix 5B Cash Flow Report.

The company releases the following: 2021 Reserves and Contingent Resources Report and Appendix 4G and Corporate Governance Statement and Annual Report to shareholders.

The company lodges its Quarterly Activities/Appendix 5B Cash Flow Report.

The company lodges its Half Year Financial Statements.

The company releases the following: Appendix 2A and Appendix 3G.

Placement completed by Whitebark to raise A$310,000 to fund the cash component of the acquisition of the Wizard Lake Oil Field. Offer to acquire the Wizard Lake Oil Field has been approved by the Court of Queen's Bench, Alberta.

The company lodges its Quarterly Activities/Appendix 5B Cash Flow Report.

Whitebark, via its wholly owned subsidiary Ironbark Energy Limited, has bid CAN$2,000,000 comprising of CAN$336,000 in cash and CAN$1,664,000 in forfeit of existing intercompany loan for the Wizard Lake Oil Field. The bid deadline of 16 April 2021 has now passed without the emergence of any superior qualified bids. The company is now working through the process of asset acquisition and transaction completion is expected on or around 17 May 2021.

The Alberta (Canada) court has approved key terms of the sale process for Wizard Lake Oil Field. WBE, via its subsidiary Ironbark Energy (IBE), has bid CAN$2,000,000 comprising of CAN$336,000 in cash and CAN$1,664,000 in forfeit of existing intercompany loan.

The company lodges its Quarterly Activities and Cashflow Report.

The securities of Whitebark Energy Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of WBE, pending the release of an announcement regarding the outcome of a restructuring process.

name changed from TRANSERV ENERGY LIMITED

Placement completed by Whitebark to raise A$310,000 to fund the cash component of the acquisition of the Wizard Lake Oil Field. Offer to acquire the Wizard Lake Oil Field has been approved by the Court of Queen's Bench, Alberta.