FENIX RESOURCES LTD — Capital/Financing Update 2020

Aug 17, 2020

Market Announcement

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18 August 2020

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Fenix Resources Ltd (ASX: FEX) – Trading Halt

Description

The securities of Fenix Resources Ltd (‘FEX’) will be placed in trading halt at the request of FEX, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Thursday, 20 August 2020 or when the announcement is released to the market.

Issued by

Jessica Coupe

Adviser, Listings Compliance (Perth)

Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au

18 August 2020 ASX Limited

FENIX RESOURCES LTD Office 10, Emerald House 1202 Hay St, West Perth WA 6005

T: +61 (0)8 9226 2011 E: info@fenixresources.com.au ABN 68 125 323 622

18 August 2020

Ms Madeleine Green ASX Limited Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000

By email: madeleine.green@asx.com.au and tradinghaltsperth@asx.com.au

Dear Madeleine

Fenix Resources Ltd (ASX:FEX) – Request for trading halt

Pursuant to ASX Listing Rule 17.1, Fenix Resources Ltd ( Company ) requests an immediate trading halt be granted by ASX in respect of its ordinary shares.

In accordance with ASX Listing Rule 17.1, the Company provides the following information:

1. Reason for trading halt – the trading halt is requested pending the release of an announcement in relation to a proposed capital raising.

2. Duration of the trading halt – the Company anticipates that the trading halt will remain in place until the earlier of such time as it makes an announcement to the market in relation to a proposed capital raising and the commencement of trading on 20 August 2020.

3. Termination of the trading halt – the Company anticipates that the trading halt will cease upon the Company making the announcement.

4. No reason – the Company is not aware of any reason why the trading halt should not be granted.

5. Further information – the Company is not aware of any other information to inform the market about the trading halt.

Authorised by

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Shannon Coates Company Secretary

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