MINREX RESOURCES LIMITED — Capital/Financing Update 2021

Sep 1, 2021

ASX Code: MRR

==> picture [158 x 56] intentionally omitted <==

2[nd] September 2021 ASX RELEASE

NOTICE UNDER SECTION 708A(5) OF THE CORPORATIONS ACT 2001

This notice is given by MinRex Resources Limited (ASX: MRR) ( ‘MinRex’ or ‘Company’ ) in relation to the issue of 2,000,000 fully paid ordinary shares ( Shares ) as a result of Performance Rights conversion on 27 August 2021 and as detailed in Appendix 2A released to the market on 30 August 2021.

The Corporations Act 2001 (Cth) ( Act ) restricts the on-sale of securities issued without disclosure unless the sale is exempt under section 708 or 708A of the Act. By giving this notice, the Shares will fall within the exemption in section 708A(5) of the Act.

Pursuant to section 708A(5)(e) of the Act the Company gives notice that:

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

• b. the Company is providing this notice under paragraph (5)(e) of section 708A of the Act;

• c. 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;

• d. as at the date of this notice, the Company has complied with section 674 of the Act; and

• e. as at the date of this notice, there is no information:

  • i. that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

  • ii. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of: (A) the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or (B) the rights and liabilities attaching to the Shares.

This ASX announcement has been authorised for release by the Board of MinRex Resources Limited.

-ENDS-

For further information, please contact:

James Bahen Non-Executive Director MinRex Resources Limited T: +61 8 9481 0389 info@minrex.com.au

MinRex Resources Limited ABN 81 151 185 867 Tel +61 (08) 9481 0389 Email info@minrex.com.au Level 11 216 St Georges Terrace Perth WA 6000 www.MinRex.com.au