ROX RESOURCES LIMITED — Capital/Financing Update 2022

Nov 15, 2022

RR1841D

ASX ANNOUNCEMENT

16 November 2022

Notification under Section 708A(5)(E) of the Corporations Act 2001 (Cth) - Cleansing Statement

ROX RESOURCES LIMITED ASX: RXL

Rox Resources Limited (ASX: RXL) is an Australian listed Company with advanced gold projects in Western Australia: the Youanmi Gold Project and the Mt Fisher Gold project

DIRECTORS

Mr Stephen Dennis Chairman

Mr Robert Ryan Managing Director

Dr John Mair Non-Executive Director

Shares on Issue 189.2m Share Price $0.18 Market Cap. $34.1m Cash $1.8m (as at 30 Sep 2022)

This notice is given by Rox Resources Limited (ASX: RXL) ( Rox or Company ) under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ) and Australian Securities and Investments Commission ( ASIC ) Corporations (Shares and Interest Purchase Plans) Instrument 2019/547 ( ASIC Instrument ).

The Company refers to its announcement on Wednesday, 9 November 2022 in respect to a placement ( Placement ) and a share purchase plan ( Share Purchase Plan ).

The Company confirms it has issued 20,247,864 fully paid ordinary shares (Shares) to certain professional and institutional investors pursuant to the Placement ( Placement Shares ).

The Company is offering Shares under the Share Purchase Plan. The Share Purchase Plan will be offered in accordance with the ASIC Instrument and a Share Purchase Plan booklet which will be dispatched to eligible shareholders of the Company as at Tuesday, 8 November 2022.

The Company hereby gives notice under section 708A(5)(e) of the Corporations Act and the ASIC Instrument that:

• (a) The Company issued the Placement Shares, and will make offers to issue Shares under the Share Purchase Plan, without disclosure to investors under Part 6D.2 of the Corporations Act.

• (b) As at the date of this notice, the Company has complied with:

  • (i) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

  • (ii) sections 674 and 647A of the Corporations Act.

Level 2, 87 Colin Street, West Perth WA 6005

+61 8 9226 0044

• (c) As at the date of this notice, there is no 'excluded information' as defined in sections 708A(7) and (8) of the Corporations Act.

Authorised for release to the ASX by the Board of Rox Resources Limited.

ENDS

admin@roxresources.com.au www.roxresources.com.au

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For more information: Chris Hunt Company Secretary Tel: +61 8 9226 0044 E: admin@roxresources.com.au