Block Listing Six Monthly Return

Name of applicant:

Avesoro Resources Inc.

Name of scheme:

Avesoro Resources Stock Option Plan ("Stock Option Plan") and Avesoro Resources Warrants ("Warrants Scheme")

Period of return:

From:

01/10/2016

To:

31/03/2017

Balance of unallotted securities under scheme(s) from previous return:

54,841,555 Common Shares of Nil Par Value (14,769,380 Common Shares of Nil Par Value under Stock Option Plan and 40,072,175 Common Shares of Nil Par Value under Warrants Scheme)

Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):

Nil

Less: Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):

Nil

Equals: Balance under scheme(s) not yet issued/allotted at end of period:

54,841,555 (14,769,380 Common Shares of Nil Par Value under Stock Option Plan and 40,072,175 Common Shares of Nil Par Value under Warrants Scheme)

Name of contact:

Geoffrey Eyre

Telephone number of contact:

+44 207 010 7690