Ann: ASX Approval Letter and Terms of ASX Waivers, page-60

Good afternoon guys,

I have spoken to the company this afternoon and just want to clarify a point about the 2 cents per share. @corona is correct with his observations. Sometimes the wording required with ASX technical Listing releases can be difficult to understand and interpret. No shares are being offered to anyone at 2 cents. The shares are being offered at 3.5 cents per share.

As we approach the relisting of the company, and to help facilitate the many questions that may come with our upcoming releases, I have set up a shareholder inquiry email account so that you may direct all your inquiries here, if you are uncertain about material in a release or material/content posted on Social Media.

Please send your inquiries to [email protected]

Thanks,

Neil1959
QBL HC rep
QUEENSLAND BAUXITE LIMITED
soon to be renamed CANN GLOBAL LIMITED