White Energy : Results of Meeting 1874152

ASX Release

ASX Company Announcements

23 November 2018

ASX Limited

Level 6, Exchange Centre 20 Bridge Street

Sydney NSW 2000

WHITE ENERGY COMPANY LIMITED

RESULTS OF THE ANNUAL GENERAL MEETING ON 23 NOVEMBER 2018

We advise that:

(a) A summary of valid and eligible proxies received for the above meeting was as follows:

Resolutions	Votes For	Votes Against	Votes Abstaining	Votes Excluded/ Invalid	Undirected Votes Valid	Total
Non-Binding Ordinary Resolution 1 Adoption of the Remuneration Report	89,069,810	368,296	57,181	117,011,960	203,163	206,710,410
Ordinary Resolution 2 Re-election of Director - Mr Terence Crawford	205,116,983	164,023	25,941	0	1,403,463	206,710,410
Special Resolution 3 Approval of 10% capacity to issue equity securities	205,122,790	168,374	24,583	0	1,394,663	206,710,410

* there were no invalid votes.

** included in the "votes excluded / no instruction" column in the table above were 0 votes where the nominee registered shareholder had not received instructions from the beneficial shareholder. The votes in this column are votes unable to be cast due to voting restrictions as outlined in the Notice of Meeting.

*** with the exception of 9,139 'undirected votes' for each resolution, all 'undirected votes' were cast with the

Chair as proxy, which as outlined in the Notice of Meeting would be voted FOR all resolutions.

Level 7, 167 Eagle Street BRISBANE QLD 4000Tel [phone]Fax [phone] Email:[e-mail]:www.whiteenergyco.comABN 62 071 527 083

ASX Release

(b) The following resolutions were passed without resort to a poll at the Annual General Meeting of White Energy Company Limited on Friday 23 November 2018.

Resolution 1 -

Adoption of the Remuneration Report

The motion, having been moved, it was resolved to pass the following non-binding ordinary resolution:

"To adopt the White Energy Remuneration Report for the year ended 30 June 2018."

The motion was carried as a non-binding ordinary resolution on a show of hands. For the record the show of hands and proxy position were in excess of 75% in favour of Resolution 1.

Resolution 2 -

Re-election of Director - Mr Terence Crawford

The motion, having been moved, it was resolved to pass the following ordinary resolution:

"That Mr Terence Crawford be re-elected as a Director of the Company."

The motion was carried as an ordinary resolution on a show of hands.

Resolution 3 -

Approval of 10% Capacity to Issue Equity Securities

The motion, having been moved, it was resolved to pass the following special resolution:

"That for the purposes of ASX Listing Rule 7.1A and for all other purposes, Shareholders approve the issue of Equity Securities totalling up to 10% of the issued capital in the Company (at the time of the issue) calculated in accordance with the formula prescribed in Listing Rule 7.1A.2 and on the terms and conditions in the Explanatory Statement accompanying this Notice of Meeting."

The motion was carried as a special resolution on a show of hands. For the record the show of hands and proxy position were in excess of 75% in favour of Resolution 3.

Yours Sincerely

DAVID FRANKS Company Secretary

White Energy Company Limited

Level 7, 167 Eagle Street BRISBANE QLD 4000Tel [phone]Fax [phone]

Email:[e-mail]:www.whiteenergyco.comABN 62 071 527 083