ROX RESOURCES LIMITED — Share Issue/Capital Change 2021

Jun 23, 2021

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

ROX RESOURCES LIMITED

Date of this announcement

Thursday June 24, 2021

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	12,900,000 Options Exercisable at $0.055, expiry	12,900,000	18/06/2021
to be confirmed	25 May 2024

Refer to next page for full details of the announcement

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 1 - Entity and announcement details

1.1 Name of entity

ROX RESOURCES LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ABN

Registration number

53107202602

1.3 ASX issuer code

RXL

1.4 The announcement is

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New announcement

1.5 Date of this announcement

24/6/2021

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Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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does not have an existing ASX security code ("new class")

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Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

ASX +security code +Security description New class - code to be confirmed 12,900,000 Options Exercisable at $0.055, expiry 25 May 2024 +Security type ISIN code Options Date the +securities the subject of this notification were issued 18/6/2021

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Mr Christopher Hunt	Mrs Jody Hunt	5,000,000
Mr Matthew Antill	Mrs Ranela Anntil	4,900,000

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. Refer 2019 Notice of AGM https://www.asx.com.au/asxpdf/20191025/pdf/449w7wqbwtd7j9.pdf

Options Details

+Security currency AUD - Australian Dollar

Exercise price Expiry date AUD 0.05500000 25/5/2024

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Description

One fully paid Ordinary Share (ASX:RXL)

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

Refer 2019 Notice of AGM https://www.asx.com.au/asxpdf/20191025/pdf/449w7wqbwtd7j9.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification

N/A

Issue details

Number of +securities

12,900,000

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)

	Total number of
ASX +security code and description	+securities on issue
RXL : ORDINARY FULLY PAID	2,364,114,177

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
RXLAQ : OPTION EXPIRING 31-DEC-2023 EX 10C	20,000,000
RXLAR : OPTION EXPIRING 31-DEC-2023 EX 12.5C	20,000,000
RXLAS : OPTION EXPIRING 31-DEC-2023 EX 15C	20,000,000
RXLAB : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	87,000,000
RXLAT : OPTION EXPIRING 26-MAR-2025 EX $0.07	157,142,857
New class - code to be confirmed : 12,900,000 Options Exercisable at $0.055, expiry 25	12,900,000
May 2024

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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