Boss Energy Limited (ASX: BOE; OTCQB: BQSSF) (Boss or the Company) is pleased to announce that its shares have been upgraded from trading on the Pink Market to the OTCQB Venture Market (OTCQB) under the ticker symbol 'BQSSF'.

Due to growing international demand for equity in Boss and the fact that over 20% of its share capital is held by US-based investors, MCAP Securities LLP initiated proceedings to make a market in the company's securities which trade on the OTC Markets Group platform. OTC is the largest Alternative Trading System in the US, with over 11,000 securities quoted on that market.

Upgrading to the OTCQB offers Boss the opportunity to build visibility, expand liquidity and diversify its shareholder base in the US on an established public market without the rigid procedures common with an exchange listing. As Boss continues to have its primary listing on the Australian Securities Exchange, streamlined market standards enable the Company to utilize its ASX reporting and make its information available in the US.

To qualify for OTCQB, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. The Company confirms that admission to the OTCQB is non-dilutive because no additional capital is required to be raised and no new shares will be issued in conjunction with inclusion on the OTCQB.

Viriathus Capital LLC acted as the Company's OTCQB advisor and MCAP Securities LLP acted as the Company's OTCQB sponsor.

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

Contact:

Duncan Craib

Tel: +61 (8) 6263 4494

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