ASX Announcement

15 September 2020

EXTENSION OF SHARE PURCHASE PLAN

The Board of Triangle Energy (Global) Limited (Triangle / the Company) (ASX:TEG) advises that the closing date for acceptance of applications under the Share Purchase Plan (SPP) announced on 27 August 2020, has been extended from 18 September 2020 to 2 October 2020.

The SPP entitles eligible shareholders to purchase up to $30,000 worth of shares in the Company at $0.03 per share. Please refer to the SPP document announced on 4 September 2020 for additional information.

As a result of the extension to the closing date, the SPP indicative timetable has been revised as reflected in the table below:

Event

Indicative date

SPP record date (5.00pm AWST)

Wednesday 26 August 2020

Announcement of SPP

Thursday, 27 August 2020

Cleansing notice for Placement and SPP

Friday, 4 September 2020

Despatch of SPP Offer Booklet and Application

Friday, 4 September 2020

Form

SPP opening date

Friday, 4 September 2020

SPP closing date (5.00pm AWST)

Friday, 2 October 2020

Announcement of results of SPP

Wednesday, 7 October 2020

Issue of new shares under the SPP

Tuesday, 13 October 2020

Commencement of trading of new shares under

Wednesday, 14 October 2020

the SPP

Approved for Release by:

Robert E Towner

Managing Director

ENDS

Triangle Energy (Global) Limited ABN 52 110 411 428

triangleenergy.com.au

Suite 2, 100 Havelock St, West Perth WA 6005

PO Box 51 West Perth WA 6872 Australia

T +61 8 9219 7111

Further Enquiries

Mr Robert E T Towner

Managing Director

P: +61 8 9219 7111

E:rtowner@triangleenergy.com.au

General Shareholder Enquiries

info@triangleenergy.com.au

About Triangle Energy (Global) Ltd

Triangle Energy (Global) Ltd is an ASX listed (ASX:TEG) oil producer and explorer based in Perth, Western Australia. The Company has a 78.75% interest in, and is Operator of, the producing Cliff Head Oil Field, which includes the Arrowsmith Stabilisation Plant. Triangle also has a 50% share of the Mt Horner L7 production licence and a 45% share of the Xanadu-1 Joint Venture, both located in the Perth Basin. Triangle also has a substantial equity interest in State Gas Ltd (ASX:GAS), which has a 100% operating interest in the Reids Dome production licence (PL 231) in Queensland. The Company continues to assess acquisition prospects to expand its portfolio of assets.

Triangle Energy (Global) Limited ABN 52 110 411 428

triangleenergy.com.au

Suite 2, 100 Havelock St, West Perth WA 6005

PO Box 51 West Perth WA 6872 Australia

T +61 8 9219 7111

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Triangle Energy (Global) Limited published this content on 15 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2020 01:09:02 UTC