Notice to ASX
Bougainville Copper Limited (ASX: BOC) (Company) refers to its market announcement on
26 June 2025 titled “Completion of BOC Share Transfer”.
The Company advises that the Independent State of Papua New Guinea has transferred a total of 146,175,449 ordinary shares in the Company to the Autonomous Bougainville Government comprising 36.45% of the issued capital of the Company.
The share transfers to Autonomous Bougainville Government were as follows:
1. The Independent State of Papua New Guinea –76,430,809 Company shares; and
2. Eda Minerals Limited (owned by Kumul Minerals Holding Limited which is a PNG State Owned Enterprise) – 69,744,640 Company shares.
The share transfer in item 1 above was processed by the Company’s share registry on Friday,
9 January 2026, and the share transfer in item 2 above was processed on Monday, 12 January 2026. The Company’s share register has been updated to reflect both transfers. There is no change to the Company’s issued capital as a result of these transactions.
Following the recent share transfers described above, the Autonomous Bougainville Government now owns or controls approximately 72.9% of the shares on issue in the Company, inclusive of its interest through Bougainville Minerals Ltd.