RUBIX RESOURCES LIMITED — Capital/Financing Update 2022

May 23, 2022

ASX ANNOUNCEMENT 24 May 2022

Despatch of Listed Options Prospectus

Rubix Resources Limited (ASX: RB6) ("Rubix" or the "Company") is pleased to announce the despatch today to eligible shareholders, of the Prospectus and the Entitlement and Acceptance form for a non-renounceable entitlement issue of one (1) option (“Listed Option”) for every two (2) Shares held (“Entitlement Issue” or “Offer”) to raise up to $17,475 before costs. The price of the Listed Options under the Offer is $0.001 each (“Issue Price”), exercisable at $0.20 on or before 16 June 2025.

Acceptance for the Offer will close at 5:00pm WST on 7 June 2022.

Applicants should consult their brokers or professional advisors in regards to undertaking an investment in the Offer.

This announcement has been approved for release by the Board.

FOR FURTHER INFORMATION:

Eddie King Executive Chairman +61 409 366 642 eddie@kingcorporate.com.au

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