NUCOAL RESOURCES LIMITED(NCR)

we understand the company was delisted after agreeing with ASX on the conditions for its delisting and with NSX on the conditions for its listing on that exchange (as at 13 March 2025 its securities would have been delisted as the company has been suspended from trading on ASX for a continuous period of more than 2 years)

The company has met the conditions to list on the NSX and delist from the ASX by 3 March 2025. The company will be quoted on the NSX on 3 March 2025 and will be required to produce quarterly cashflow and activities reports.

The company received in-principle delisting advice from the ASX and conditional approval for listing on the NSX. The company is now advised on future trading of securities on the NSX, with conditions including completion of delisting arrangements, ongoing market disclosure, and adoption of an NSX compliant constitution.

The company has received a letter from Premier Minns stating that the NSW Government is not proposing a compensation scheme for losses resulting from the Mining Amendment Act 2014. NuCoal's board finds this response unacceptable and plans to continue pressuring for compensation both domestically and internationally.

The company is applying for listing on the National Stock Exchange through the Fast Track Listing procedure, with the aim of transferring shares to the NSX in a short timeframe, following discussions with the ASX.

The entities suspended for over three months failed periodic reports, the oldest outstanding report deadline, and their 2 year deadline for trading plans. If not met, they will be removed from the official list, usually after the first trading day.

The Annual General Meeting of the Company will be held at 10.30am (Sydney Time) on Friday 29 November 2024 at Taurus Funds Management Pty Ltd, Suite 4101, Level 41, Gateway, 1 Macquarie Place, Sydney NSW 2000.

The company lodges its Appendix 4G and Annual Report from 30 June 2024.

ASX releases a notice regarding long-term suspended entities. The company's securities have been suspended for more than 3 months. If an entity does not meet the 1 or 2 year deadlines, it will be removed from the official list. The removal will usually take effect from the open of trading on the first trading day after the deadline date.

The company lodges its Quarterly Activities Report & Cashflow to 30 June 2024.

The securities of the company have been suspended for more than three months. If an entity does not meet the 1 or 2 year deadlines, it will be removed from the official list. The removal will usually take effect from the open of trading on the first trading day after the deadline date.

The company lodges its quarterly activities and cashflow report.

The company lodges its Interim Report 31 December 2023.

The company lodges its Quarterly Activities Report & Cashflow to 31 December 2023.

The company releases its AGM Results.

The company lodges its Quarterly Activities Report & Cashflow to 30 September 2023.

The Annual General Meeting of the Company will be held at 10.30am (Sydney Time) on Thursday 30 November 2023 at: Taurus Funds Management Pty Ltd Suite 4101, Level 41, Gateway 1 Macquarie Place Sydney NSW 2000.

The company releases its Appendix 4G.

The company lodges its Annual Report 30 June 2023.

The company lodges its Quarterly Activities Report & Cashflow to 30 June 2023.

A maiden JORC Coal Resource estimate totalling 88 Mt (51 Mt Indicated and 37 Mt Inferred) has been reported for the Savoy Hill Project. The Resource estimate is based on work completed by Palaris Australia Pty Ltd (Palaris) with the estimate reported in accordance with the JORC Code (2012). Savoy Hill contains shallow coal seams of the Greta Coal Measures that approach the surface and subcrop on the Muswellbrook Anticline. A review of coal quality and clean coal attributes indicates potential for pulverised coal injection and thermal products. The Savoy Hill Project was explored by NuCoal during 2012 and 2013 with 34 fully cored boreholes completed for 7,000 metres of drilling, in addition to eight cored holes drilled by Macquarie Generation in 2006. An exploration program of seven cored holes to further define the Resource is planned for CY24.

The company lodges its Quarterly Activities Report & Cashflow to 31 March 2023.

The company lodges its Interim Report 31 December 2022.

The securities of NuCoal Resources Limited will be suspended from quotation at the close of trading on Monday, 13 March 2023 under Listing Rule 17.3. ASX has determined that NCR's operations are not adequate to warrant the continued quotation of its securities and therefore is in breach of Listing Rule 12.1. The suspension will continue until NCR is able to demonstrate compliance with Listing Rule 12.1 of the Listing Rules.

name changed from Nucoal Resources NL