COMET RESOURCES LIMITED (ASX.CRL)

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delisted by ASX under Listing Rule 17.12

we understand the company was unable to meet key conditions for reinstatement which included: Commencement of drilling at the Barraba Copper Project; Raising $1m in convertible loans, completing a 1 for 3 entitlement issue, and obtaining required shareholder approvals for same; Settling creditor debts from the proceeds of the funds raised; Shareholder approval of resolutions required to effect the relevant capital raisings; and a number of administrative and disclosure obligations

The conditions for reinstatement were required to be met by 25 November 2023, which the Company was not able to achieve due to the delay in receiving a new permit to drill at the Barraba Copper Project. The ASX, in responding to the Company's request for an extension to the timing of removal noted that Comet had not met the criteria set out in Guidance Note 33. ASX was therefore unable to grant an extension of the LTSE removal deadline for CRL.

The conditions for reinstatement were required to be met by 25 November 2023, which the Company was not able to achieve due to the delay in receiving a new permit to drill at the Barraba Copper Project. The Company held its Annual General Meeting on 17 November 2023. At this meeting the shareholder approvals to affect the relevant capital raisings were obtained, providing a pathway for the Company to now meet the financial conditions for reinstatement. The Company had contacted the ASX to discuss possible variations to the reinstatement conditions, including commencing exploration works at the Company's Northern Territory projects instead of Barraba. These discussions are ongoing, and the Company will advise in due course once a final position is determined. As a result of this request being made to the ASX, the Company has in support submitted an application for a drilling permit for its Oonagalabi project in the NT to the Department of Industry, Tourism and Trade. Comet has received confirmation from the department that the application has been received and is being reviewed.

The company releases a notification of cessation of securities.

The company releases the results of its meeting.

The company lodges its Quarterly Activities Report and Appendix 5B September 2023.

Key conditions for reinstatement included: Commencement of drilling at the Barraba Copper Project; Raising $1m in convertible loans, completing a 1 for 3 entitlement issue, and obtaining required shareholder approvals for same; Settling creditor debts from the proceeds of the funds raised; Shareholder approval of resolutions required to effect the relevant capital raisings; and A number of administrative and disclosure obligations. Since receipt of the reinstatement conditions, the Company has also worked on addressing the requirement to commence drilling at Barraba Copper Project and raising $1m via convertible loans, Once both of those were complete, they were planningn to move forward with the 1 for 3 entitlement issue and addressing all other conditions for reinstatement. The Company has contacted the ASX to discuss possible variations to the reinstatement conditions, including commencing exploration works at our Northern Territory projects instead of Barraba. These discussions are ongoing and the Company will advise in due course once a final position is determined. The Managing Director will host an Investor Briefing, via a webinar on 25 October 2023 at 9:00am AWST / 12:00pm AEDT. Registration link: https://bit.ly/3rXRhFI.

Notice is given that the Annual General Meeting of Shareholders of Comet Resources Limited will be held as follows: 10:00am (Perth time) on 17 November 2023 at Unit 9, 448 Roberts Road SUBIACO WA 6008.

The company releases its Appendix 4G and Corporate Governance Statement.

The company lodges its Annual Report to shareholders.

Comet has received the conditions required to be met for ASX reinstatement. These include: Commencement of drilling at the Barraba Copper Project; Raising $1m in convertible loans and completing a 1 for 3 entitlement issue, and obtaining required shareholder approvals for same; Settling creditor debts from the proceeds of the funds raised. The Company will now complete preparations for initial drilling at Barraba Copper Project and work with advisors to satisfy the financial conditions for reinstatement. Conditions for Reinstatement must be met by 25 November 2023. A Notice of Meeting will be lodged shortly which will address matters requiring shareholder approval for reinstatement.

The company lodges its Quarterly Activities Report and Appendix 5B Jun 2023.

International Graphite is a party to the secured convertible loan outlined by Comet. It has contributed $250,000 In its own right and agreed to act as security trustee on behalf of the investors who are also party to the Loan. The Loan matures in 12 months, accrues interest at 8% per annum in cash and has a mandatory conversion into new Comet shares if Comet's shares are requoted on the ASX at the lower of $0.09 per share or a 10% discount to the next capital raise. Upon conversion of the Loan and Comet Shareholder approval, a 1 for 2 option to acquire a share will be issued by Comet with an exercise price of $0.20 and an expiry of 3 years.

The company releases a notice of proposed issue of securities.

The Company is seeking to raise up to $1.5m in secured convertible loans to support reinstatement of its shares to trading on the ASX. A shareholder meeting will be announced shortly to seek relevant approvals. An entitlement issue, which will give all eligible shareholders the right to participate, will also be launched to raise additional funds to meet the financial conditions for reinstatement should the Company receive approval from the ASX for reinstatement. An application for reinstatement is currently with the ASX for review. International Graphite Limited will subscribe for $250K in the convertible loans and may also underwrite a portion of the entitlements issue as part of a plan to further increase ties with Comet. To maximise the amount of cash available for future exploration, Management and the Board plan to convert existing debts of up to $400K into equity by partially underwriting the entitlements issue. The Managing Director will also forgive $50K in salary and work on half salary until the Company is reinstated.

The company releases a notification of cessation of securities.

The company announces the discontinuation of the proposed acquisition of the Mount Margaret Copper Project. The decision is in response to on-going adverse market conditions, which have resulted in the Company not being able to fulfill all the conditions precedent for the acquisition. The directors of Comet have resolved to withdraw the offers the subject of the Company's prospectus dated 24 February 2023. As a result, the securities for which shareholder approval was received at the Company's general meeting held on 27 March 2023 will not be issued. The decision to terminate the Mount Margaret Copper Project acquisition allows Comet to refocus on its existing high quality copper portfolio and pursue other opportunities as they become available. Furthermore, in addition to its copper assets, the Company continues to hold 40,000,000 shares in International Graphite Limited, worth approximately $9 million based on recent share prices.

The company lodges its Quarterly Activities Report and Appendix 5B Mar 2023.

The company has extended the closing date for the General Offer under its prospectus dated 24 February 2023 to allow for completion of bids to occur. The closing date has been extended from 27 April 2023 to 11 May 2023.

The company has extended the closing date for the General Offer under its prospectus dated 24 February 2023 to allow for completion of bids to occur. The closing date has been extended from Monday, 27 March 2023 to Thursday, 27 April 2023.

The company releases the results of its meeting.

The company lodges its Half Year Accounts.

The company will hold a webinar with the Managing Director of the Company, Matthew O'Kane, to discuss the proposed acquisition of the Mount Margaret Copper Project. The meeting will be held on 2 March 2023 at 9:30am AWST / 12:30pm AEST.

The company releases a prospectus for an offer of 135,000,000 Shares at an issue price of $0.20 per Share to raise $27,000,000.

The company will hold a general meeting of shareholders on Monday 27 March 2023 at 9:00am (WST) at Unit 9, 448 Roberts Road, Subiaco WA 6008.

The company releases an updated notice of proposed issue of securities.

In relation to Comet's acquisition of strategic Queensland copper project from Glencore, key transaction points remain unchanged. Further improved transaction terms are: 49.975m options previously approved to be issued as part of the transaction will now not be issued; MMM New Shareholders, who will hold 52.3m shares, to enter into voluntary escrow agreements for 12-months following Comet's re-listing. Shaw and Partners and Aitken Mount Capital Partners appointed as each a Joint Lead Manager to the Offer joining Peloton Capital. The Mt Margaret Copper Project successfully produced from open pit mining from 2012 until 2014, when operations were suspended due to the copper price environment and outlook at that time. Located only 7km from key processing infrastructure at Ernest Henry, where Mt Margaret ore was previously processed into export quality copper concentrate. JORC open-pit Resources of 13.0Mt at 0.78% copper and 0.24g/t gold with >95% in the Measured and Indicated categories. Near-term production potential "“ 2 open pits already pre-stripped. Significant potential for Resource growth through further exploration. Defined high priority exploration targets "“ Both extensional and regional.

The company releases a notification of cessation of securities.

The company lodges its Quarterly Activities Report and Appendix 5B Dec 2022.

The company releases a second supplementary prospectus.

The agreement between the Company and Glencore for the acquisition of Mount Margaret contained conditions precedent which were required to be met by 2 December 2022. As the conditions precedent were not capable of being satisfied, the Company and Glencore have now agreed an extension to 31 March 2023.

The company releases the results of its meeting.

The company releases a supplementary prospectus.

The closing date has been extended from Friday, 25 November 2022 to Friday, 2 December 2022.

The company has extended the closing date for the General Offer under its prospectus dated 19 October 2022 to allow for completion of bids to occur. The closing date has been extended from Friday, 18 November 2022 to Friday, 25 November 2022.

The company extended the closing date for the General Offer under its prospectus dated 19 October 2022 to allow several strategic investors further time to complete due diligence. The closing date has been extended from Friday, 11 November 2022 to Friday, 18 November 2022.

The company releases the results of its meeting.

The company lodges its Quarterly Activities Report and Appendix 5B Sep 2022.

Comet Resources Limited is convening an Annual General Meeting of shareholders to be held on Wednesday 30 November 2022 at 9:00 am (WST) at Unit 9, 448 Roberts Road Subiaco WA 6008.

The company releases a prospectus for an offer of 135,000,000 Shares at an issue price of $0.20 per Share to raise $27,000,000.

The company releases an updated notice of consolidation with the update being a change to section 4.2 for round up to the nearest whole number.

The company releases a notice of consolidation of securities. Shareholders will get 1 share for every 10 presently owned.

The company releases a letter to its shareholders regarding an extraordinary general meeting of shareholders to be held on 10 November 2022 at 10:00 am (WST) at 1176, Hay Street, West Perth WA 6005.

The company lodges the following: Annual Report to shareholders and Appendix 4G and Corporate Governance Statement.

The company will hold a webinar with the Managing Director of the Company, Matthew O'Kane, to discuss the proposed acquisition of the Mount Margaret Copper Project under the recently announced revised transaction structure. Shareholders and investors are invited to register for the free webinar here: https://us06web.zoom.us/webinar/register/WN_2ElCe21DS0anItzSwU6FDw on Wednesday 21 September 2022 at 10:00am AWST / 12:00pm AEST for ~30 minutes.

The company releases a notice of proposed issue of securities.

Comet to acquire 100% of Mt Margaret Copper Project from Glencore under improved transaction terms. Company will now raise $27m to fund acquisition and initial post-acquisition predevelopment activities "“ Equity component of the raise is now reduced due to addition of debt financing. Equity raise includes a $5m priority offer to existing Comet shareholders. Glencore now to provide 3-year loan of $27m to Comet "“ Inclusion of the loan delivers Comet shareholders substantially reduced up front dilution. The Mt Margaret Copper Project successfully produced from open pit mining from 2012 until 2014, when operations were suspended due to the copper price environment and outlook at that time. Located only 7km from key processing infrastructure at Ernest Henry, where Mt Margaret ore was previously processed into export quality copper concentrate. JORC open-pit Resources of 13.0Mt at 0.78% copper and 0.24g/t gold with >95% in the Measured and Indicated categories. Near-term production potential "“ 2 open pits already pre-stripped. Significant potential for Resource growth through further exploration. Defined high priority exploration targets "“ Both extensional and regional.

Drilling permit has now been issued for Barraba by NSW Resources Regulator. A 7-hole diamond drilling program is planned to test lodes in the vicinity of the historical Gulf Creek Mine. Exploration drilling works are planned to commence upon completion of proposed Mount Margaret Copper Mine transaction.

The company lodges its Quarterly Activities Report and Appendix 5B Jun 2022.

The company releases a notice of cancellation of consolidation of securities.

The company is canceling the planned Extraordinary General Meeting which was scheduled to be held on Monday 18 July 2022 at 10:00 am (WST) at 1176, Hay Street, West Perth WA 6005.

The company will hold a webinar with the Managing Director of the Company, Matthew O'Kane, to discuss the proposed acquisition of the Mount Margaret Copper Project. https://us06web.zoom.us/webinar/register/WN_MrERfcOOR6yoXJU_xWpFkQ. The webinar will be on 30 June 2022 at 10:00am AWST / 12:00pm AEST.

The company releases a notice of consolidation of securities. Shareholders will get 1 share for every 10 presently owned.

The company is postponing the Extraordinay General Meeting of shareholders which was to be held on 27 June 2022 at 10:00 am (WST) at 1176 Hay Street, West Perth 6005 by a period of 21 days. The postponement is a result of the delay in the company lodging its recompliance prospectus.

The company issues a response to ASX Aware Query.

The company releases an updated notice of consolidation. The EGM's date has been changed.

Notice of Meeting to approve Mount Margaret acquisition now issued. Meeting to be held on 27 June 2022 "“ 10am (WST). Joint Lead Managers to the Company's capital raising appointed - Jett Capital Advisors LLC and Petra Capital Pty Ltd. Comet Managing Director, Matthew O'Kane, to conduct video interview on the transaction and plans post completion. This will be distributed on the ASX platform via press release and also on the Company website approximately mid-June. Estimated timing for completion of the transaction and re-quotation of shares is currently 15 July 2022.

The company releases a notice of proposed issue of securities.

The company releases a notice of consolidation of securities, where shareholders get 1 share for every 10 presently owned.

Comet Resources Limited is convening an Extraordinary General Meeting of shareholders to be held on Monday 27 June 2022 at 10:00 am (WST) at 1176, Hay Street, West Perth WA 6005.

The company lodges its Quarterly Activities Report and Appendix 5B Mar 2022.

National Native Title Tribunal action initiated by the Company to obtain access to Native Title areas of Barraba Copper Project has been determined in favour of Comet. Access has been granted with no further conditions by the NNTT paving the way for Comet to now move to final permits for exploration activities at the historic Gulf Creek Mine at the Barraba project. Exploration drilling works planned to commence in Q3.

The company releases a notice of proposed issue of securities.

Comet to acquire 100% of Mt Margaret Copper Project from Glencore. The Mt Margaret Copper Project successfully produced from open pit mining from 2012 until 2014, when operations were suspended due to the copper price environment and outlook at that time. Located only 7km from key processing infrastructure at Ernest Henry, where Mt Margaret ore was previously processed into export quality copper concentrate. JORC open-pit Resources of 13.0Mt at 0.78% copper and 0.24g/t gold with >95% in the Measured and Indicated categories. Near-term production potential "“ 2 open-pit deposits are already pre-stripped. Significant potential for resource growth through further exploration. Defined high priority exploration targets "“ both extensional and regional. The Company to raise approx. $50 million to fund acquisition and initial post-acquisition pre-development activities.

The Company requests that the voluntary suspension be effective immediately and remain in place until the earlier of the commencement of normal trading on Monday, 4 April 2022 or when the anticipated announcement in relation to the material acquisition is released to the market.

The company lodges its Half Year Accounts.

The Company requests that the voluntary suspension be effective immediately and remain in place until the earlier of the commencement of normal trading on Monday, 21 March 2022 or when the anticipated announcement regarding the material acquisition is released to the market.

The Company requests that the voluntary suspension be effective immediately and remain in place until the earlier of the commencement of normal trading on Monday, 7 March 2022 or when the anticipated announcement regarding a material acquisition is released to the market.

The Company requests that the voluntary suspension be effective immediately and remain in place until the earlier of the commencement of normal trading on Monday, 28 February 2022 or when the anticipated announcement regarding a material acquisition is released to the market.

The Company requests that the voluntary suspension be effective immediately and remain in place until the earlier of the commencement of normal trading on Monday, 21 February 2022 or when the anticipated announcement is released to the market.

The company lodges its Quarterly Activities Report and Appendix 5B Dec 2021.

The securities of Comet Resources Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of CRL, pending the release of an announcement regarding a material acquisition.

The suspension of trading in the securities of Comet Resources Limited will be lifted immediately, following the release by CRL of an announcement entitled "Springdale graphite performs exceptionally in battery anode material benchmark tests".

Springdale Graphite Project material has performed exceptionally in test programs at a specialist facility in Germany. Results from micronisation, spheronisation and purification met industry specification for battery anode material with purification up to 99.99% graphite content achieved. The graphite also performed exceptionally in jet milling tests "“ Jet milled graphite products can also achieve premium prices in graphite markets. Comet is engaged in discussions with multiple parties regarding commercial options for the Springdale Graphite Project.

Description The securities of Comet Resources Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of CRL, pending the release of an announcement regarding metallurgical test work results from the Springdale Graphite Project.

The suspension of trading in the securities of Comet Resources Limited will be lifted immediately, following the release by CRL of an announcement regarding a proposed acquisition.

The company releases a notice of Proposed issue of Securities - CRL.

Binding Heads of Agreement for the acquisition of the high-grade Santa Teresa Gold Project in Baja California, Mexico . Concurrently negotiated non-binding terms for up to a US$20M financing to fund development activities on the Project via a gold streaming and royalty arrangement to be provided by Raptor Capital International. 32 diamond holes have been drilled into the project delivering numerous high grade intersections. Santa Teresa has an existing non-JORC2 Inferred Mineral Resource estimate of 64,000oz Au Inferred grading at 8.7g/t, reported at a 4g/t cutoff. However, individual assay grades were capped to 20g/t . Historical production in the surrounding El Alamo district estimated between 100,000 to 200,000oz Au. Exploration upside and opportunity to expand current mineralisation due to the under-explored nature of the tenements and the gold rich nature of the district.

The Company requests that the voluntary suspension be effective immediately and remain in place until the earlier of the commencement of normal trading on Thursday 4 June 2020, or the release of an announcement in respect to the proposed acquisition and due diligence process.

The company requests that the voluntary suspension be effective immediately and remain in place until the earlier of the commencement of normal trading on Wednesday 3 June 2020, or the release of an announcement in respect to the proposed acquisition and due diligence process.

The securities of Comet Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of CRL, pending the release of an announcement regarding a proposed acquisition and due diligence process.

The suspension of trading in the securities of Comet Resources Ltd will be lifted immediately following the release by CRL of an announcement regarding a proposed capital raising.

Comet has received a strong endorsement for its recently announced Barraba Copper Project acquisition in the form of firm commitments for the $2M capital raising contemplated. Capital raising satisfies the key condition precedent to progress the acquisition. Company will now move to seek shareholder approval for the acquisition. Copper is one of most widely used metals in the world and is aligned with Comet's strategic focus on battery electric vehicle commodities. Initial drilling program on the Barraba Project planned for Q2 2020. Metallurgical work streams progressing on the Springdale Graphite Project. Results expected Q1/2.

The company requests that the voluntary suspension be effective immediately and remain in place until the earlier of the commencement of normal trading on Tuesday 18 February 2020, or the release of an announcement.

The securities of Comet Resources Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of CRL, pending the release of an announcement regarding a proposed capital raising.

The suspension of the options exercisable at $0.20 each, expiring on or before 31/03/2015 of Comet Resources Limited (the "Company") will be lifted immediately. Security Code: CRLO

Comet Resources Limited (options exercisable at $0.20 each, expiring on or before 31/03/2015) SUSPENSION FROM OFFICIAL QUOTATION The options exercisable at $0.20 each, expiring on or before 31/03/2015 of Comet Resources Limited (the "Company") will be suspended from quotation immediately. Security Code: CRLO

name changed from Comet Resources NL