Market Announcement

22 March 2021

Invictus Energy Limited (ASX: IVZ) - Trading Halt

Description

The securities of Invictus Energy Limited ('IVZ') will be placed in trading halt at the request of IVZ, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Wednesday, 24 March 2021 or when the announcement is released to the market.

Issued by

Daniel Nicholson

Adviser, Listings Compliance (Perth)

22 March 2021

Market Announcement 1/1

ASX Limited

ASX Customer Service Centre 131 279 | asx.com.au

Invictus Energy Ltd

ASX: IVZ

Trading Halt Request

DATE: 22 March 2021

Invictus Energy Limited ("Invictus" or "the Company"), In accordance with the requirements of Listing Rule 17.1, Invictus Energy Ltd hereby requests a trading halt of the Company's securities (IVZ).

The Company will be providing an update in relation to a capital raising.

The Company is expecting to announce an update to the market on or prior to the commencement of trading on 24 March 2021.

The Company is not aware of any reason why the trading halt should not be granted.

--ends--

Authorised for release by & for further information, please contact:

Scott Macmillan

Managing Director

P + 61 (08) 6102 5055 info@invictusenergy.com

Invictus Energy Limited

24 Outram Street, West Perth, WA 6005 Australia

ABN 21 150 956 773

T: +61 8 6102 5055 E: info@invictusenergy.com

About Invictus Energy

Invictus Energy Ltd is an independent oil and gas exploration company focused on high impact energy resources in sub-Saharan Africa. Our asset portfolio consists of a highly prospective 250,000 acres within the Cabora Bassa Basin in Zimbabwe. Special Grant 4571 contains the world class multi- TCF Mzarabani and Msasa conventional gas-condensate prospects.

Board & Management

Dr Stuart Lake

NON-EXECUTIVE CHAIRMAN

Scott Macmillan

MANAGING DIRECTOR

Barnaby Egerton-Warburton

NON-EXECUTIVE DIRECTOR

Gabriel Chiappini

NON-EXECUTIVE DIRECTOR &

COMPANY SECRETARY

Brent Barber

COUNTRY MANAGER

www.invictusenergy.com

For further information on Invictus Energy, please visit the Company's website at www.invictusenergy.com

About the Cabora Bassa Project

The Cabora Bassa Project encompasses the Mzarabani Prospect, a multi-TCF and liquids rich conventional gas- condensate target, which is potentially the largest, undrilled seismically defined structure onshore Africa. The prospect is defined by a robust dataset acquired by Mobil in the early 1990s that includes seismic, gravity, aeromagnetic and geochemical data.

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Disclaimer

Invictus Energy Limited published this content on 21 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2021 17:47:02 UTC.