Boundary Bend $25m equity placement

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Dear Shareholders

Further to my email last week, we are pleased to announce that we have closed the equity placement, as we now have firm commitments for the full $25 million at $8.50 per share.

Should you have missed out, and would like to purchase some more shares in Boundary Bend, please contact myself or Sam Beaton (s.beaton@boundarybend.com) as we do have a number of registered sellers.

Thank you so much to those who participated in this equity raising.

Kindest regards

Rob McGavin

Executive Chairman