ROX RESOURCES LIMITED — Capital/Financing Update 2023

Feb 19, 2023

RRL1855D

ASX Announcement

20 February 2023

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ROX RESOURCES LIMITED

ASX: RXL

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

Notification under Section 708A(5)(E) of

the Corporations Act 2001 (Cth) - Cleansing Statement

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 ).

DIRECTORS

Mr Stephen Dennis Chairman

Mr Robert Ryan Managing Director

Dr John Mair Non-Executive Director

Shares on Issue 224.4m Share Price $0.15 Market Cap. $33.7m Cash $10.5m (as at 31 Dec 22)

The Company confirms it has issued 7,156,412 fully paid ordinary shares ( Shares ) on 20 February 2023. Refer to the Appendix 2A dated 20 February 2023 which contains further details on the issue of Shares.

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

• (a) The Company issued the Shares 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 674A of the Corporations Act.

• (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.

Level 2, 87 Colin Street, West Perth WA 6005

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

+61 8 9226 0044

admin@roxresources.com.au

***** ENDS *****

www.roxresources.com.au

For more information:

Follow Rox:

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Rob Ryan Managing Director Rox Resources Limited Tel: +61 8 9226 0044 E: admin@roxresources.com.au

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Forward ‐ Looking Statements

‐ ‐ This document may include forward looking statements. Forward looking statements include, but are not limited to, statements concerning Rox Resources Limited planned exploration program(s) and other statements that are not historical facts. When used in this document, the words such as "could," "plan," "estimate," "expect," "intend," "may”, "potential," "should," and similar expressions are forward looking statements.

About Rox Resources

Rox Resources (ASX:RXL) is a West Australian focused gold exploration and development company. It is 70 per cent owner and operator of the historic Youanmi Gold Project near Mt Magnet, approximately 480 kilometres northeast of Perth, and wholly-owns the Mt Fisher Gold project approximately 140 kilometres southeast of Wiluna. Youanmi has a Total Mineral Resource of 3,199 koz of contained gold, with potential for further expansion with the integration of existing prospects into the Resource and further drilling. Youanmi was a high-grade gold mine and produced 667,000oz of gold (at 5.47 g/t Au) before it closed in 1997. Youanmi is classified as a disturbed site and is on existing mining leases which has significant existing infrastructure to support a return to mining operations.

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ASX CODE: RXL admin@roxresources.com.au www.roxresources.com.au

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

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