ROX RESOURCES LIMITED — Board/Management Information 2018

Nov 28, 2018

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29 NOVEMBER 2018 R R L 1 5 8 9 D RETIREMENT OF MANAGING DIRECTOR

Rox Resources Limited (ASX: RXL) (Rox” or “the Company”) wishes to announce that Mr Ian Mulholland has advised the Board of Directors that he intends to retire and will step down as Managing Director effective 30 April 2019. A search for a suitable replacement will be initiated. Mr Mulholland will work with the Board and the new appointee to ensure a smooth transition. From 1 November, Mr Mulholland will work on a reduced salary until his departure.

Chairman of the Board, Mr Stephen Dennis said, “ Ian was a co-founder of the Company, and has been with it since its inception in late 2003, leading to a successful IPO and ASX listing in April 2004.

“Along the way, Ian has made a significant contribution, including negotiation of a number of project acquisitions, including the Laos zinc project; the Reward zinc project, its subsequent joint venture with Teck, and the resulting sale of our interest for ~$20 million; and the Mt Fisher gold and Fisher East and Collurabbie nickel projects that have led to JORC mineral resources being established and a Scoping Study completed on the Fisher East nickel project.

“The Fisher East nickel discovery led to Rox being awarded the Explorer of the Year in 2015 by Australian Mining, and the Teena zinc discovery resulted in Ian and two members of the Teck team sharing the prestigious AMEC Prospector Award in 2016.

“On behalf of the Rox Board of Directors, I want to thank Ian for his commitment and contribution to Rox over the past 15 years. We wish Ian well in his retirement, however I am certain he will continue to make a valuable contribution to the resources industry.

Mr Mulholland commented “ I am proud of our achievements at Rox, and it has been an honour and privilege to lead the Company over the last 15 years. I wish to thank all of our staff, past and present, who have also contributed to our successes and supported me as Managing Director.

“ I also wish to thank the three Chairmen I have had the pleasure of working with, Dr Alistair Cowden, Mr Jeff Gresham, and Mr Stephen Dennis. I have benefitted greatly from their guidance and encouragement over the last 15 years.

ENDS

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For more information:

Shareholders/Investors

Stephen Dennis Chairman Tel: +61 8 9226 0044 admin@roxresources.com.au

Media

Michael Weir / Cameron Gilenko Citadel-MAGNUS Tel: +61 8 6160 4903 mweir@citadelmagnus.com

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