Metis Energy LimitedSGX: L02

General Announcement: : PROPOSED DEBT CONVERSION - RECEIPT OF LETTER OF CLEARANCE AND APPROVAL IN-PRINCIPLE

· Issued by Metis Energy Limited
(1) RECEIPT OF LETTER OF CLEARANCE FROM THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED; AND

(2) RECEIPT OF APPROVAL IN-PRINCIPLE FROM THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED FOR THE LISTING AND QUOTATION OF 1,849,521,700 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY TO BE ISSUED IN CONNECTION WITH THE PROPOSED DEBT CONVERSION

PLEASE SEE ATTACHED ANNOUNCEMENT.

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