DEVEX RESOURCES LIMITED — Share Issue/Capital Change 2021

Nov 18, 2021

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19th November 2021

Section 708A(5) Cleansing Notice Exercise of Options

DevEx Resources Limited ( ASX:DEV or the Company ) advises that the Company issued the following 6,320,835 fully paid ordinary shares ( Shares ) on 18th November 2021 on the exercise of:

• (a) 4,850,000 unlisted options exercisable at $0.10 on or before 30 November 2021;

• (b) 1,370,835 unlisted options exercisable at $0.30 on or before 30 November 2021; and

• (c) 100,000 unlisted options exercisable at $0.23 on or before 27 July 2023.

The Company gives this notice pursuant to section 708A(5)(e) of the Corporations Act (“the Act”):

• (a) the Company issued the Shares without disclosure to investors under Part 6D.2 of the Act;

• (b) as at the date of this notice, the Company has complied with the provisions of chapter 2M of the Act as they apply to the Company and section 674 of the Act; and

• (c) as at the date of this notice, there is no information that is 'excluded information' under section 708A(7) and (8) of the Act.

This announcement has been authorised for release by the Board.

For further information, please contact:

Brendan Bradley, Managing Director DevEx Resources Limited Telephone +61 8 6186 9490

For media inquiries, please contact:

Nicholas Read Read Corporate Telephone: +61 8 9388 1474

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----- Start of picture text ----- www.devexresources.com.auT: +61 (0) 8 9322 3990 DevEx Resources LimitedF: +61 (0) 8 9322 5800Level 2, 1292 Hay Street, West Perth WA 6005, AustraliaE: info@devexresources.com.au GPO Box 2890, Perth WA 6001----- End of picture text -----