MINREX RESOURCES LIMITED — Share Issue/Capital Change 2022

Dec 5, 2022

ASX Code: MRR

ASX Release

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6 December 2022

NOTICE UNDER SECTION 708A OF THE CORPORATIONS ACT 2001

This notice is given by MinRex Resources Limited (ASX: MRR ) (“ MinRex ” or “the Company ”) in relation to the issue on 2 December 2022 of a total of 1,325,806 fully paid ordinary shares ( Shares ).

The Shares were issued under ASX Listing Rule 7.1 and approved by shareholders at the Annual General Meeting of the Company held on 30 November 2022.

An Appendix 2A detailing this issue of shares has been lodged on the ASX platform.

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:

George Karageorge Managing Director MinRex Resources Limited T: +61 8 6311 2818 info@minrex.com.au

About MinRex Resources Ltd

MinRex Resources Limited (ASX: MRR) is an Australian based ASX-listed emergent battery metals explorer with Lithium-TinTantalum Projects in the Pilbara (WA) in close proximity to world-class Lithium and Tantalum producers Pilbara Minerals, Mineral Resources, and Global Lithium. MinRex also has a highly prospective portfolio of Gold-Copper projects in the Mercherson and Pilbara Regions (WA) and Gold-Silver-Copper and other metals projects in the Lachlan Fold Belt (NSW). The Company’s tenements package cover 1,000km[2] of highly prospective ground targeting multi-commodities type deposits. The Company also currently has JORC 2012 Resources totalling 352,213 oz gold at its Sofala Project (NSW).

MinRex encourages all current investors to go paperless by registering their details with the designated registry service provider, Automic Group.

MINREX RESOURCES LIMITED

Level 2, 7 Havelock Street, West Perth WA 6005 T: +61 8 6311 2818 | E: info@minrex.com.au ABN: 81 151 185 867