GLOBAL GEOSCIENCE LIMITED‌‌‌‌‌‌‌‌‌‌‌‌‌

ACN 098 564 606

NOTICE OF GENERAL MEETING‌

A General Meeting of the Company will be held at the offices of BDJ Partners, Level 13, 122 Arthur Street North Sydney, on Friday 4 December 2015 at 10.00 am (AEDT).

This Notice of General Meeting should be read in its entirety. If Shareholders are in doubt as to how they should vote, they should seek advice from their accountant, solicitor or other professional adviser prior to voting.‌

Should you wish to discuss any matter please do not hesitate to contact the Company Secretary by telephone on (02) 9922 5800.

GLOBAL GEOSCIENCE LIMITED

ACN 098 564 606

NOTICE OF GENERAL MEETING

Notice is hereby given that a general meeting of Shareholders of Global Geoscience Limited (Company) will be held at BDJ Partners, Level 13, 122 Arthur Street North Sydney, on Friday 4 December 2015 at

10.00 am (AEDT) (Meeting).

The Explanatory Memorandum to this Notice provides additional information on matters to be considered at the Meeting. The Explanatory Memorandum and the Proxy Form forms part of this Notice.

The Directors have determined pursuant to regulation 7.11.37 of the Corporations Regulations 2001 (Cth) that the persons eligible to vote at the Meeting are those who are registered as Shareholders on Wednesday 2 December 2015 at 7.00pm (AEDT).

Terms and abbreviations used in this Notice and Explanatory Memorandum are defined in Section 11.

AGENDA

1. Resolution 1 - Re-election of Mr Barnaby Egerton-Warburton as a Director‌

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

   
   

   'That, for the purposes of Rule 6.2(c) of the Constitution, Mr Barnaby Egerton-Warburton, a director who was appointed as an additional Director, retires, and being eligible, is re-elected as a Director.'

   
   

2. Resolution 2 - Re-election of Mr Gabriel Chiappini as a Director‌

   
   

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

   
   

   'That, for the purposes of Rule 6.2(c) of the Constitution, Mr Gabriel Chiappini, a director who was appointed as an additional Director, retires, and being eligible, is re-elected as a Director.'

   
   

3. Resolution 3 - Ratification of Tranche 1 Placement‌

   
   

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

   
   

   'That, for the purposes of Listing Rule 7.4, and for all other purposes, Shareholders approve and ratify the prior issue by the Company of 40,866,564 Shares (Tranche 1 Placement Shares) each at an issue price of $0.002 (Tranche 1 Placement) on the terms and conditions set out in the Explanatory Memorandum.'

   The Company will disregard any votes cast on this Resolution by a Tranche 1 Placement Participant and any of their associates.

   
   

   However, the Company will not disregard a vote if:

   
   

4. it is cast by the person as proxy for a person who is entitled to vote, in accordance with directions on the Proxy Form; or

   
   

5. 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.

   
   

6. Resolution 4 - Authority to issue Tranche 2 Placement Shares‌

   
   

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

   
   

   'That, for the purpose of Listing Rule 7.1 and for all other purposes, Shareholders approve and authorise the Directors to issue up to 459,133,436 Shares (Tranche 2 Placement Shares) each at an issue price of $0.002 (Tranche 2 Placement) on the terms and conditions set out in the Explanatory Memorandum.'

   
   

   Voting Exclusion

   
   

   The Company will disregard any votes cast on this Resolution by a person who may participate in the Tranche 2 Placement and a person who might obtain a benefit (except a benefit solely in their capacity as holder of ordinary securities) if the Resolution is passed and any associates of those persons.

   
   

   However, the Company will not disregard a vote if:

   
   

7. it is cast by the person as proxy for a person who is entitled to vote, in accordance with directions on the Proxy Form; or

   
   

8. 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.

   
   

9. Resolution 5 - Authority for Mr Barnaby Egerton-Warburton to participate in the Tranche 2 Placement‌

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

   
   

   'That, subject to Resolution 4 being passed, for the purpose of Listing Rule 10.11, and for all other purposes, Shareholders approve and authorise Mr Barnaby Egerton-Warburton (and/or his nominees) to participate in the Tranche 2 Placement to the extent of up to 10,000,000 Shares each at an issue price of $0.002 on the terms and conditions set out in the Explanatory Memorandum.'

   The Company will disregard any votes cast on this Resolution by Mr Egerton-Warburton and his nominees and any associates of those persons.

   
   

   However, the Company will not disregard a vote if:

   
   

10. it is cast by the person as proxy for a person who is entitled to vote, in accordance with directions on the Proxy Form; or

    
    

    (a) it is cast by the Chairman 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.

    
    

11. Resolution 6 - Authority for Mr Gabriel Chiappini to participate in the Tranche 2 Placement‌

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

    
    

    'That, subject to Resolution 4 being passed, for the purpose of Listing Rule 10.11, and for all other purposes, Shareholders approve and authorise Mr Gabriel Chiappini (and/or his nominees) to participate in the Tranche 2 Placement to the extent of up to 10,000,000 Shares each at an issue price of $0.002 on the terms and conditions set out in the Explanatory Memorandum.'

    
    

    Voting Exclusion

    
    

    The Company will disregard any votes cast on this Resolution by Mr Chiappini and his nominees and any associates of those persons.

    
    

    However, the Company will not disregard a vote if:

    
    

12. it is cast by the person as proxy for a person who is entitled to vote, in accordance with directions on the Proxy Form; or

    
    

13. it is cast by the Chairman 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.

    
    

14. Resolution 7 - Authority to issue Shares in lieu of Placement fees‌

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




'That, for the purpose of Listing Rule 7.1 and for all other purposes, Shareholders approve and authorise the Directors to issue up to 25,000,000 Shares each at a deem issue price of $0.002 to Cygnet Capital (or its nominees) in lieu of capital raising fees associated with the Placement, on the terms and conditions set out in the Explanatory Memorandum.'