MINBOS RESOURCES LIMITED (MNB)

The suspension of trading in the securities of Minbos Resources Limited will be lifted immediately following the release by MNB of an announcement regarding the details of a capital raising.

Minbos has received credit committee approval from the IDC for a US$14 million (~AU$21.5 million) debt facility, on usual commercial terms (Appendix A). The Company has received firm commitments for an AU$6.1 million capital raising with strong support from new and existing sophisticated and institutional investors (Appendix B). Key components of the phosphate fertilizer plant are already in Cabinda. The factory site is cleared, fenced and ready for construction. The Company expects Phase 1 construction works (earthworks, civils and drainage) to commence within two weeks of executing the Phase 1 construction contract with the preferred contractor. The Company is planning all project activities to ensure the major phosphate customer has the majority of its fertilizer requirements for the 2025/26 growing season and in their warehouse by the end of December 2025. To achieve this sales target, construction must start no later than July 2024 to facilitate first production in Q2 2025. The Company's securities have been in suspension while it completed the IDC debt approval process and an associated capital raising.

The company releases a notice of proposed issue of securities .

The Company continues to work on finalising the capital raising and therefore will continue the existing suspension until this work is complete. The Company now expects that it will be able to announce to ASX the results of the capital raising on or before Monday, 15 April 2024.

The Company continues to work on finalising the capital raising and therefore will continue the existing suspension until this work is complete. The Company now expects that it will be able to announce to ASX the results of the capital raising on or before Monday, 15 April 2024.

The company lodges its Annual Report to Shareholders.

The Company has since continued its suspension with the expectation it would recommence trading prior to market open on Monday, 25 March 2024. At this stage, the Company continues to work on finalising the capital raising and therefore will continue the existing suspension until this work is complete. The Company now expects that it will be able to announce to ASX the results of the capital raising on or before Monday, 8 April 2024.

At this stage, the Company continues to work on finalising the capital raising and therefore will continue the existing suspension until this work is complete. The Company now expects that it will be able to announce to ASX the results of the capital raising on or before Monday, 25 March 2024.

The Company has continued its existing suspension and now expects that it will be able to announce to ASX the results of the capital raising on or before Thursday, 14 March 2024.

The Company has continued its existing suspension and now expects that it will be able to announce to ASX the results of the capital raising on or before Friday, 8 March 2024.

The securities of Minbos Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of MNB, pending the release of an announcement regarding the details of a capital raising

The suspension of trading in the securities of Minbos Resources Limited will be lifted immediately following the release by MNB of an announcement regarding an Offtake Agreement.

MOU represents a significant milestone, the first offtake for Cabinda Phosphate Rock signed with Angola's largest and most influential agro-industrial group. Fertilizer supply agreement for up to 869,000 tonnes of Cabinda Phosphate Rock over the first 7 years of production (to 2030), representing 66% of stage-1 production over the corresponding period. The MOU includes a proposed pricing mechanism, pegging the relative agronomic effect of Cabinda Phosphate Rock fertilizer to the price of Triple Super Phosphate. The pricing mechanism is in line with the assumptions used in the Definitive Feasibility Study. Carrinho has a 1Mtpa. grain and oil processing facility in Benguela, fed by a network of silos in the Huambo and Huila Provinces. It is backed by a Sovereign Guarantee to support the development of the Benguela Facility and providing smallholder farmers with fertilizer and training, enabling them to supply grain and oil seed to the facility. The MOU provides for Minbos to supply Cabinda Phosphate Rock to Carrhino's Benguela facility, through the Port of Lobito, beginning in the 2023/2024 growing season. Other key components of the agreement include a technical collaboration with Carrinho and Minbos to optimise the use of the Cabinda Phosphate Rock, including sharing field trial results, involvement in future trials and cfor demonstrations with small and large-scale commercial farmers. The MOU is subject to successful Carrinho-Instituto de Investigação Agronómica (IIA)-Minbos field trials to affirm the suitability of the Cabinda Phosphate Rock as a fertilizer. Minbos does not consider this to be a material risk given that it has already demonstrated the suitability and efficacy of Cabinda Phosphate Rock as a fertilizer in the Minbos-IIA field trials. In April 2023, Carrinho and Deutsche Bank closed a 10-year/€57 million lending facility to support the building of a 4,000 tonne per day fully automated soybean and sunflower crushing plant. The Board of Minbos recently toured the Carrinho facility in Benguela, one of the most complete industrial parks in the world with 17 factories processing rice, wheat, corn and refined oil to produce more than 20 consumer goods.

The securities of Minbos Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of MNB, pending the release of an announcement regarding an Offtake Agreement.

we understand that on or about this date the company consolidated its shares 1 for 20

The suspension of trading in the securities of Minbos Resources Limited will be lifted immediately following the release by MNB of an announcement regarding the Cacata Phosphate Concession.

The Angolan Ministry of Mineral Resources and Petroleum has advised the Company that its tender submission for the Cácata Phosphate Concession, located in the Province of Cabinda, has been classified as 1st (or Successful). The Cácata deposit is located 50km from Porto de Caio, along sealed roads to the newly completed deep-water port, close to existing gas and electricity supplies. In the coming months, the Company will announce its plans for the project including timetables, scope, offtake, approvals and funding. At the opening of the tenders in December, MIREMPET indicated it was targeting the end of February to notify successful bidders, the end of May to negotiate and finalise Mining Investment Contracts with successful bidders, with a view to signing the Mining Investment Contracts in June upon which the mineral rights are formally granted. Under the terms of the tender, it is anticipated that Minbos will be granted the equivalent of an exploration licence over the project area. The work commitments on the exploration licence will be negotiated with the Angolan Ministry of Mines during the next few months and prior to execution of the Mining Investment Contracts.

The securities of Minbos Resources Limited will be suspended from quotation immediately under Listing Rule 17.3. The securities will remain suspended pending the release of an announcement regarding the tender for the Cabinda Phosphate Project.

The suspension of trading in the securities of Minbos Resources Limited will be lifted immediately following the release of an announcement regarding the Cabinda Project and the withdrawal of the merger proposal with Petril Phosphates Limited. Security Code: MNB

Minbos Resources Ltd (Minbos or the Company) advises that merger discussions with joint venture (JV) partner Petril Phosphates Ltd (Petril) have been discontinued as the parties could not come to a mutually satisfactory outcome on certain key terms. The principal terms requiring agreement were the escrow conditions for existing and incoming shareholdersMinbos Resources Ltd (Minbos or the Company) advises that merger discussions with joint venture (JV) partner Petril Phosphates Ltd (Petril) have been discontinued as the parties could not come to a mutually satisfactory outcome on certain key terms. The principal terms requiring agreement were the escrow conditions for existing and incoming shareholders. The negotiations on the merger were complicated by the difficulties of combining a public listed and private company and the different cultures, both in terms of the needs of the various stakeholders but also the different business culture and approach.

The securities of Minbos Resources Limited (the "Company") will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement in relation to the merger with its joint venture partner, Petril Phosphates Limited. Security Code: MNB

Deferred settlement trading of the proposed shares (MNBN) and proposed quoted options (MNBO) of Minbos Resources Limited (the "Company") offered under the Company's prospectus dated 10 January 2014 will be suspended from quotation immediately, due to the Company not proceeding with the renounceable pro rata offer. Security Code: MNBN MNBO

The suspension of trading in the securities of Minbos Resources Limited (the "Company") will be lifted immediately following receipt of an announcement by the Company regarding a capital raising. Security Code: MBN

securities suspended pending an announcement