ROX RESOURCES LIMITED — Capital/Financing Update 2025

Oct 30, 2025

Rox Resources Limited Level 1, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044 admin@roxresources.com.au

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31 October 2025

Dear Option Holder,

NOTIFICATION OF UPCOMING EXPIRY OF UNLISTED OPTIONS

Our records indicate that you are the registered holder of unlisted options exercisable at $0.25, which are due to expire at 5pm WST on 30 November 2025.

As a security holder of the Company, we would also like to take this opportunity to provide you with a status update and outlook.

The Company’s progress at the Youanmi Gold Project has been exceptional with activity advancing quickly, effectively, and safely.

Drilling has been conducted on time and on budget, dewatering civil engineering work is well underway, and comminution/flotation metallurgical test work is nearing completion.

This has ensured the Company is on track to deliver a Definitive Feasibility Study next month – all while the market has experienced record high gold prices.

As the Company continues its pathway towards production for the Youanmi Gold Project, the market demand for Rox Resources shares has been strong.

With the share price trading at levels well above the option exercise price, options are “in-the-money” and shares can be acquired via option exercise more cheaply than buying on-market. Accordingly, the Company has recently received “Exercise of Options Notice” forms from other security holders.

This exercise provides the Company with additional working capital, ensuring our plans to become Western Australia’s next gold producer of scale remain well-funded.

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$0.60 12
$0.50 10
$0.40 8
$0.30 6
$0.20 4
$0.10 2
$0.00 0
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Share Price ($)
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Option holders can exercise their options at any time up until their expiry, on 30 November 2025. There is no obligation upon option holders to exercise their options. If they are not exercised by the expiry date, the options run their term and expire thereafter, ceasing to exist in the Company’s securities structure.

If you wish to exercise your options, please complete the Exercise of Options Notice form and provide it, along with proof of payment of $0.25 per option being exercised, in accordance with the instruction set out in the Exercise of Options Notice.

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If you have any difficulties obtaining a copy of the Exercise of Options Notice form, please contact the Company via email admin@roxresources.com.au or on (08) 9226 0044.

On behalf of the Company, thank you for your continued support.

Your sincerely,

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Greg Hoskins

Chief Financial Officer & Company Secretary

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ASX: RXL

Rox Resources Limited Level 1, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

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