FENIX RESOURCES LTD — Capital/Financing Update 2018

Nov 4, 2018

5 November 2018

Market Announcements Platform

$4.5 Million Prospectus Offer Closed

Fenix Resources Limited ( Company ) is pleased to advise that the offers made under the Company’s Prospectus dated 5 September 2018 successfully closed on 2 November 2018.

Following close of the Prospectus offers, Non-Executive Directors Edmond Yao and Jian-Hua Sang have resigned as Directors of the Company. The Company thanks Edmond and Jian-Hua for their contribution to the Company during their tenure.

The Company is now in the process of finalising the acquisition of Prometheus Mining Pty Ltd and satisfying the ASX conditions re-quotation.

For further information contact:

Matthew Foy Company Secretary Tel: (08) 9486 4036

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