Ann: Extension of Voluntary Suspension, page-193

HERE WE GO !!!

"COVID transaction termination On 1st May, BPH entered into a terms sheet in relation to a COVID related transaction. The terms sheet specified a 60-day due diligence period. Its terms were subject to ASX approval. BPH wishes to advise the market that it has terminated this agreement by mutual consent with the vendor and has accordingly, asked the ASX to lift the company voluntary suspension. The ASX Life Science Code of Best Practice for Reporting by Life Science Practice and ASX Listing Rules specifies certain disclosures in relation to intellectual property and testing. These requirements could not be met.

PEP11 gas project – NOPTA Update: Confirmation of application Advent Energy Investee Advent Energy Ltd, submitted to the National Offshore Petroleum Titles Administrator (NOPTA) an application to enable the drilling of the Baleen drill target in the PEP11 permit offshore NSW. Advent, through wholly owned subsidiary Asset Energy Pty Ltd, holds an 85% interest and is operator of the permit. Bounty Oil and Gas NL (ASX: BUY) holds the remaining 15%. As advised, the Joint Venture made application to NOPTA to change the current Permit conditions to proceed with the drilling. The company is pleased to advise the market that NOPTA has confirmed that this application has completed assessment and is now in the final decision phase. The Joint Venture will further update the market on the timing of these approvals when detail is available."