ROX RESOURCES LIMITED — Capital/Financing Update 2025

Jun 29, 2025

ASX: RXL ASX Announcement 30 June 2025

==> picture [136 x 58] intentionally omitted <==

Completion of Tranche 2 Placement and Cleansing Statement

Rox Resources Limited (ASX: RXL) (" Rox " or " the Company ") refers to its announcement on Monday, 5 May 2025, in respect of a two-tranche placement (" Placement ") to raise up to $40 million (before costs).

Following shareholder approval at the Company’s general meeting on Friday, 27 June 2025, the Company confirms it has today completed Tranche 2 of the Placement through the issue of 13,500,000 fully paid ordinary shares in the Company at an issue price of $0.30 per share (" Tranche 2 Placement Shares "), raising $4 million (before costs).

The Tranche 2 Placement Shares were issued to institutional and sophisticated investors, Hake’s Point Holdings (RRL) L.P and Venus Metals Corporation Limited.

The issue of Tranche 2 Placement Shares successfully completes the Capital Raising, which raised a total of $40 million (before costs).

Refer to the Appendix 2A dated 30 June 2025 which contains further details on the issue of Tranche 2 Placement Shares.

The Company provides this notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (the Act ).

For the purposes of section 708A(6) of the Act, the Company gives notice that:

• (a) the Tranche 2 Placement Shares were issued without disclosure to investors under Part 6D.2 of the Act;

• (b) this notice is being given under section 708A(5)(e) of the Act;

• (c) as at the date of this notice, the Company has complied with:

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

• ii) sections 674 and 674A of the Act; and

• (d) as at the date of this notice, there is no information that is ‘excluded information’ within the meaning of sections 708A(7) and 708A(8) of the Act that is required to be disclosed by the Company in this notice.

Authorisation:

This announcement is authorised for release by the Board of Rox Resources Limited.

==> picture [596 x 132] intentionally omitted <==

--- Ends ---

==> picture [136 x 58] intentionally omitted <==

For further information, please contact:

Investor enquiries

Phillip Wilding Managing Director & CEO Rox Resources Limited admin@roxresources.com.au +61 8 9266 0044

Media Inquiries

Emily Evans Media and Content Manager SPOKE emily@hellospoke.com.au +61 401 337 959

Rox Resources Limited

ABN 53 107 202 602 Level 2, 87 Colin Street, West Perth WA 6005 www.roxresources.com.au

About Rox Resources

Rox Resources (ASX: RXL) is a West Australian focused gold exploration and development company. It is the 100 per cent owner of the historic Youanmi Gold Project near Mt Magnet, approximately 480 kilometres northeast of Perth.

The Company’s focus is on the development of the high-grade, high-margin Youanmi Gold Project that hosts a global mineral resource of 16.2Mt at 4.4g/t for 2.3Moz of gold. With a clear strategic and execution plan to production, Rox Resources offers significant value to its investors.

Competent Persons Statement

Resource Statements

The statement of estimates of Mineral Resources for the Youanmi Gold Project was reported by Rox in accordance with ASX Listing Rule 5.8 and the JORC Code (2012 edition) in the announcement “MRE Update confirms Youanmi as Significant High-Grade Gold Project and Paves Way for PFS” released to the ASX on 30 January 2024, and for which the consent of the Competent Person Mr Steve Le Brun was obtained. A copy of that announcement is available at www.asx.com.au. Rox confirms it is not aware of any new information or data that materially affects the Mineral Resources estimates information included in that market announcement and that all material assumptions and technical parameters underpinning the Mineral Resources estimates in that announcement continue to apply and have not materially changed. Rox confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from that market announcement.

Forward ‐ Looking Statements

Certain statements in this announcement relate to the future, including forward-looking statements relating to the Company and its business (including its projects). Forward‐looking statements include, but are not limited to, statements concerning Rox Resources Limited planned

Page 2