ACTIVEX LIMITED — Capital/Financing Update 2021

Feb 7, 2021

SALE AND PURCHASE FINALISED – LAKE CHANDLER PROJECT – ASX ANNOUNCEMENT

8[th ] February 2021

ASX Code: AIV

Issued Capital 177,132,676 ordinary shares (AIV)

Market Capitalisation $31M (5 February 2021, $0.175)

Directors

Min Yang (Chairman, NED) Mark Derriman (Managing Director) Geoff Baker (NED) Dongmei Ye (NED) Louis Chien (Alternate Director to Min Yang)

About ActivEX

ActivEX Limited is a minerals exploration company committed to the acquisition, identification, and delineation of new resource projects through active exploration.

The ActivEX portfolio is focussed on gold and to a lesser extent copper projects, with substantial tenement packages in the north and southeast Queensland and in the Cloncurry district of northwest Queensland.

Suite 2, 3B Macquarie Street Sydney, NSW 2000

admin@activex.com.au www.activex.com.au

Phone +61 (02) 9251 9088

SALE OF LAKE CHANDLER TO UNLISTED EXPLORER LAKE CHANDLER MINERAL PTY LTD

ActivEX Limited ( AIV ) is pleased to announce that it has executed a Sale and Purchase Agreement ( SPA ) with unlisted explorer Lake Chandler Minerals Pty Ltd ( LCM ) for the sale of one (1) AIV 100% owned tenement (ML 77/22) (the Tenement ) located in Western Australia, approximately 260km north ease of Perth and 50km north of the wheat belt town of Merredin. The tenements are within the Western Australian Yilgarn Craton and LCM will hold 100% of the tenement upon completion of the transaction.

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Under the terms of the SPA, LCM will pay AIV A$300,000 for 100% of the Tenement upon completion. The sale proceeds will be used by AIV for general working capital purposes.

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Figure 1 Lake Chandler Tenement Location Map

Authorised by the Board of ActivEX Limited

For further information contact: Mr Mark Derriman, Managing Director or Mr William Kuan, Company Secretary

2 l Ph (02) 9251 9088 l www.activex.com.au