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ROX RESOURCES LIMITED — Capital/Financing Update 2026
Apr 6, 2026
65741_rns_2026-04-06_b84e785b-4dbc-4155-83c6-b1e6a0fe77dd.pdf
Capital/Financing Update
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ASX: RXL ASX Announcement 7 April 2026
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Youanmi Project Financing Completed
Signing of Syndicated Facility Agreement
WA gold development company Rox Resources Limited ( “Rox” or “the Company” ) ( ASX: RXL ) advises that it has completed and signed documentation for A$350 million in debt facilities to fund the development of its 100%-owned Youanmi Gold Project in Western Australia.
Highlights:
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Syndicated Facility Agreement (SFA) for A$350 million in debt facilities completed and signed, consistent with the recently completed credit-approved commitment letter and terms sheet
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Debt Facilities provided by tier one banks
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Rox expects first drawdown under the debt facilities in Q3 2026 and first gold pour in mid-2027
Further to the Youanmi Fully Funded announcement on 9 March 2026, the Company has now executed the Syndicated Facility Agreement with the Syndicate Banks (comprising Societe Generale, Sydney Branch, Sumitomo Mitsui Banking Corporation (SMBC), The Hongkong and Shanghai Banking Corporation Limited (HSBC) and Westpac Banking Corporation) for the provision of a A$300 million Senior Secured Project Term Loan Facility, A$20 million Cost Overrun Facility and A$30 million Bank Guarantee Facility (together “ Debt Facilities ”).
First drawdown under the Debt Facilities is expected in the September 2026 quarter. Drawdown is subject to conditions precedent customary for a project financing of this nature.
Managing Director & CEO Mr Phill Wilding commented:
“Signing the Syndicated Facility Agreement is another significant achievement in securing the funding required to deliver the Youanmi Gold Project.
“The ongoing support from an impressive selection of Australian and International banks indicates strong confidence in the Project and the team we have assembled to deliver it.
“We will now work with the Syndicate Banks to achieve financial close, placing us in a position to commence draw down of debt in the September 2026 quarter.
“Following our Final Investment Decision and completion of the SFA we are looking forward to commencing construction activities.”
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Authorisation:
This announcement is authorised for release by the Board of Rox Resources Limited.
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For further information, please contact:
Investor Inquiries Media Inquiries Phillip Wilding Emily Evans Managing Director & CEO Media and Content Manager Rox Resources Limited SPOKE [email protected] [email protected] +61 8 9226 0044 +61 401 337 959
Rox Resources Limited
ABN 53 107 202 602 Level 1, 87 Colin Street, West Perth WA 6005 www.roxresources.com.au
About Rox Resources
Rox Resources (ASX: RXL) is a West Australian focused gold 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 12.1Mt at 5.6g/t for 2.2Moz 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 information in this report that relates to Mineral Resources at the Youanmi Gold Project is based on information compiled by Steve Le Brun, a Competent Person who is a Fellow of the Australian Institute of Geoscientists. Mr Le Brun is the Principal Resource Geologist for Rox Resources and holds shares and performance rights in the Company. Mr Le Brun has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Le Brun consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.
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 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.
These forward-looking statements involve known and unknown risks, uncertainties, assumptions, and other important factors that could cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such statements. Actual events or results may differ materially from the events or results expressed or implied in any forward-looking statement and deviations are both normal and to be expected. Neither the Company, its officers nor any other person gives any representation, assurance or guarantee that the events or other matters expressed or implied in any forward-looking statements will actually occur. You are cautioned not to place undue reliance on those statements.
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