ROX RESOURCES LIMITED — Share Issue/Capital Change 2021

Mar 30, 2021

Announcement Summary

Entity name

ROX RESOURCES LIMITED

Applicable security for the reorganisation

RXL	ORDINARY FULLY PAID
RXLAQ	OPTION EXPIRING 31-DEC-2023 EX 10C
RXLAR	OPTION EXPIRING 31-DEC-2023 EX 12.5C
RXLAS	OPTION EXPIRING 31-DEC-2023 EX 15C
RXLAB	OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES
RXLAT	OPTION EXPIRING 26-MAR-2025 EX $0.07

Announcement Type

New Announcement

Date of this announcement

Wednesday March 31, 2021

Reorganisation type

Security consolidation

Trading in the post consolidation or split +securities commences on a deferred settlement basis Wednesday May 19, 2021

Record Date Thursday May 20, 2021

Issue Date Thursday May 27, 2021

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

ROX RESOURCES LIMITED

1.2 Registered Number Type ABN

Registration Number

53107202602

1.3 ASX issuer code RXL

1.4 The announcement is New announcement

1.5 Date of this announcement

Wednesday March 31, 2021

1.6 Securities affected by the consolidation or split

ASX +Security Code	ASX +Security Description
RXL	ORDINARY FULLY PAID
RXLAQ	OPTION EXPIRING 31-DEC-2023 EX 10C
RXLAR	OPTION EXPIRING 31-DEC-2023 EX 12.5C
RXLAS	OPTION EXPIRING 31-DEC-2023 EX 15C
RXLAB	OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES
RXLAT	OPTION EXPIRING 26-MAR-2025 EX $0.07

Part 2 - Approvals

2.1 Are any of the below approvals required for the consolidation or split before business day 0 of the timetable?

• Security holder approval
• Court approval
• Lodgement of court order with +ASIC
• ACCC approval
• FIRB approval
• Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the consolidation or split.

Yes

2.2 Approvals

Approval/Condition	Date for determination	Is the date estimated or	Approval
+Security holder approval	Monday May 17, 2021	actual?	received/condition met?
		Estimated

Comments

Part 3 - Consolidation or split timetable and details

3.1 +Record date

Thursday May 20, 2021

3.2 Date of +security holder meeting

Monday May 17, 2021

3.2a Effective date of consolidation or split

Monday May 17, 2021

3.3 Last day for trading in the pre consolidation or split +securities

Tuesday May 18, 2021

3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.

Wednesday May 19, 2021

3.5 Record date

Thursday May 20, 2021

3.6 First day for entity to update its register and to send holding statements to +security holders reflecting the change in the number of +securities they hold.

Friday May 21, 2021

3.7 Last day for entity to update its register and send holding statements to +security holders reflecting the change in the number of +securities they hold and to notify ASX that this has occurred. (+Issue Date)

Thursday May 27, 2021

Notification of Consolidation/Split

3.8 Trading starts on a normal T+2 basis

Friday May 28, 2021

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis

Tuesday June 1, 2021

Part 4 - Event type and details

4.1 The event is +Security consolidation

4.1a Consolidation ratio: the +securities will be consolidated on the basis that every 15

(pre-consolidation) +securities will be consolidated into

1

(post-consolidation) +security (/ies).

4.2 Scrip fraction rounding

Fractions rounded up to the next whole number

Part 5 - +Securities on issue before and after consolidation or split

5.1 +Securities on issue before and after the consolidation or split

ASX +Security Code	ASX +Security Description
RXL	ORDINARY FULLY PAID
Quoted/unquotedQuoted	Number on issue preconsolidation or split	Number on issue postconsolidation or split	Estimate/ActualEstimated
	2,364,114,177	157,607,612
ASX +Security Code	ASX +Security Description
RXLAQ	OPTION EXPIRING 31-DEC-2023 EX 10C
Quoted/unquotedUnquoted	Number on issue preconsolidation or split	Number on issue postconsolidation or split	Estimate/ActualEstimated
	20,000,000	1,333,334
ASX +Security Code	ASX +Security Description
RXLAR	OPTION EXPIRING 31-DEC-2023 EX 12.5C

Notification of Consolidation/Split

Quoted/unquotedUnquoted	Number on issue preconsolidation or split		Number on issue postconsolidation or split	Estimate/ActualEstimated
	20,000,000	1,333,334
ASX +Security Code	ASX +Security Description
RXLAS		OPTION EXPIRING 31-DEC-2023 EX 15C
Quoted/unquotedUnquoted	Number on issue preconsolidation or split		Number on issue postconsolidation or split	Estimate/ActualEstimated
	20,000,000	1,333,334
ASX +Security Code		ASX +Security Description
RXLAB		OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES
Quoted/unquotedUnquoted	Number on issue preconsolidation or split		Number on issue postconsolidation or split	Estimate/ActualEstimated
	87,000,000	5,800,000
ASX +Security Code	ASX +Security Description
RXLAT		OPTION EXPIRING 26-MAR-2025 EX $0.07
Quoted/unquotedUnquoted	Number on issue preconsolidation or split		Number on issue postconsolidation or split	Estimate/ActualEstimated
	157,142,857	10,476,190
5.2 Exercise price of options
ASX +Security Code		ASX +Security Description
RXLAQ		OPTION EXPIRING 31-DEC-2023 EX 10C
Quoted/unquotedUnquoted	Exercise price pre consolidation orsplit		split	Exercise price post consolidation or
	0.10000000		1.50000000
ASX +Security Code	ASX +Security Description
RXLAR		OPTION EXPIRING 31-DEC-2023 EX 12.5C
Quoted/unquotedUnquoted	Exercise price pre consolidation orsplit		Exercise price post consolidation orsplit
	0.12500000		1.87500000
ASX +Security Code	ASX +Security Description
RXLAS		OPTION EXPIRING 31-DEC-2023 EX 15C
Quoted/unquotedUnquoted	Exercise price pre consolidation orsplit		split	Exercise price post consolidation or
	0.15000000		2.25000000
ASX +Security Code	ASX +Security Description

RXLAB OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Notification of Consolidation/Split

Quoted/unquotedUnquoted	Exercise price pre consolidation orsplit	Exercise price post consolidation orsplit
	0.00000000	0.00000000
ASX +Security Code	ASX +Security Description
RXLAT	OPTION EXPIRING 26-MAR-2025 EX $0.07
Quoted/unquotedUnquoted	Exercise price pre consolidation orsplit	Exercise price post consolidation orsplit
	0.07000000	1.05000000

Part 6 - Further information

6.1 Further information relating to the consolidation or split

6.2 Additional information for inclusion in the Announcement Summary