Strike Energy : 17-10-2017 2017 Annual General Meeting (484 KB)

ASX Announcement‌

17 October 2017

The Company Announcement Officer ASX Ltd

via electronic lodgement

2017 Annual General Meeting

Strike Energy Limited (ASX:STX) ("Company" or "Strike") is pleased to advise shareholders that the Annual General Meeting (AGM) of the Company will be held on Thursday 16 November 2017 commencing at 11.00 am (Adelaide time).

For the information of shareholders, a copy of the Notice of Meeting is attached.

Yours faithfully

JUSTIN FERRAVANT

Chief Financial Officer & Company Secretary

This Notice of Meeting and Explanatory Memorandum should be read in its entirety.

If you are in doubt as to how to vote, you should seek advice from your accountant, solicitor or other professional adviser without delay.

Strike Energy Limited 1/31‐35 George Street Thebarton

South Australia

Phone: +61 8 7099 7400

Facsimile: +61 2 8003 9282

Email: strike@strikeenergy.com.au

To receive and consider the Financial Report of the Company, the Directors' Report (which incorporates the Remuneration Report) and the Auditor's Report, for the year ended 30 June 2017 as set out in the Annual Report.

To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution:

"That the Remuneration Report for the year ended 30 June 2017 be adopted."

In accordance with section 250R of the Corporations Act, a vote on Resolution 1 must not be cast (in any capacity) by, or on behalf of, a member of the Key Management Personnel whose remuneration details are included in the Remuneration Report, or a Closely Related Party of such member. However, a vote may be cast by any such person if:

(a)

the person is acting as proxy and the proxy form specifies how the proxy is to vote, and the vote is not cast on

behalf of a person who is otherwise excluded from voting on Resolution 1 as described above; or

(b)

the person is the Chairman of the Meeting voting an undirected proxy which expressly authorises the Chairman

to exercise the proxy even if Resolution 1 is connected directly or indirectly with the remuneration of a member of the Key Management Personnel.

The Chairman intends to vote all undirected proxies in favour of Resolution 1.

To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution:

"That Ms Jody Rowe, who retires by rotation in accordance with clause 13.2 of the Company's constitution and, being eligible, offers herself for re‐election, is re‐elected as a Director of the Company."

To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution:

"That Mr John Poynton AO, who was appointed to the Board to fill a casual vacancy on 10 April 2017 and retires as Director in accordance with clause 13.5 of the Company's Constitution and, being eligible, offers himself for re‐election, is re‐elected as a Director of the Company."

To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution:

"That Mr Tim Goyder, who was appointed to the Board to fill a casual vacancy on 10 April 2017 and retires as Director in accordance with clause 13.5 of the Company's Constitution and, being eligible, offers himself for re‐election, is re‐elected as a Director of the Company."

To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution:

"That Mr Andrew Seaton, who was appointed to the Board to fill a casual vacancy on 18 August 2017 and retires as Director in accordance with clause 13.5 of the Company's Constitution and, being eligible, offers himself for re‐election, is re‐elected as a Director of the Company."

To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution:

"That, for the purposes of ASX Listing Rule 7.4 and for all other purposes, the issue and allotment by the Company of 130,000,000 Shares at $0.07 per Share (Placement) to placees identified by Bell Potter Securities Limited, Lead Manager for the Placement, and Chieftain Securities Limited, Co‐Manager for the Placement, and otherwise on the terms and conditions set out in the Explanatory Memorandum, is approved."

The Company will disregard any votes cast on Resolution 6 by any person who participated in the issue of the Shares the subject of Resolution 6 and each of their associates unless:

1. it is cast by a person as proxy for a person who is entitled to vote (in accordance with the directions on the proxy form); or

2. it is cast by the person chairing the Meeting as proxy for a person who is entitled to vote (in accordance with a direction on the proxy form to vote as the proxy decides).

The Chairman intends to vote all undirected proxies in favour of Resolution 6.

To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution:

"That, for the purposes of ASX Listing Rule 7.4 and for all other purposes, the grant by the Company to Orica Australia Pty Ltd of the right to convert into Shares, in whole or in part, the unpaid principal and accrued interest on the

$2,500,000 loan made by Orica Australia Pty Ltd to the Company in 2013, on the terms and conditions detailed in the Explanatory Memorandum, is approved."

The Company will disregard any votes cast on Resolution 7 by Orica Australia Pty Ltd and its associates unless:

1. it is cast by a person as proxy for a person who is entitled to vote (in accordance with the directions on the proxy form); or

2. it is cast by the person chairing the Meeting as proxy for a person who is entitled to vote (in accordance with a direction on the proxy form to vote as the proxy decides).

The Chairman intends to vote all undirected proxies in favour of Resolution 7.

To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution:

"That, for the purposes of ASX Listing Rule 10.11 and for all other purposes, the grant by the Company to Director, Mr Andrew Seaton or his nominee, of 5,000,000 Options with an exercise price of $0.15, and otherwise on the terms and conditions set out in the Explanatory Memorandum, is approved."