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RUBIX RESOURCES LIMITED Capital/Financing Update 2025

May 18, 2025

65665_rns_2025-05-18_5b9b3369-97c1-4dba-97ad-2a360a123eba.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT 19 May 2025

RUBIX RESOURCES LIMITED – OPTION EXPIRY NOTIFICATION

Rubix Resources Limited (ASX:RB6) ( Rubix or the Company ) advises that the Company’s 32,475,000 quoted options exercisable at $0.20 each will expire on 16 June 2025 (ASX:RB6O) ( Options ).

The Company advises that the Options are substantially out of the money and that it will not be dispatching personalised notices to Option holders in accordance with Appendix 6A, clause 5.3 of the ASX Listing Rules.

In accordance with clause 5.2 of Appendix 6A of the ASX Listing Rules, Rubix provides Option holders with the following information:

  • a) The number of Options to which this notice applies is 32,475,000.

  • b) On exercise, each Option entitles the holder to receive one fully paid ordinary share ( Share ) in the Company. If all of the Options were exercised, 32,475,000 Shares in the Company would be issued.

  • c) The exercise price for each Option is $0.20 ( Exercise Price ).

  • d) The due date for payment of the Exercise Price is 5:00pm (WST) on 16 June 2025 ( Expiry Date ).

  • e) If payment is not received before the Expiry Date, the Options will automatically lapse and all rights will cease.

  • f) Official quotation of the Options will cease on 10 June 2025, being four business days before the Expiry Date.

  • g) The market price of the Company’s Shares on 16 May 2025 (being the last trading day prior to the date of this notice) was $0.093 (9.3 cents).

  • h) During the three months immediately before the date of this notice:

    • a. the highest market price for Shares was $0.11 (11.0 cents) on 7 March 2025; and

    • b. the lowest market price for Shares was $0.071 (7.1 cents) on 4 April 2025.

  • i) The exercise of Options is not underwritten.

This announcement has been authorised for release to the market by the board of Rubix Resources Limited

For Further Information:

Benjamin Smith Company Secretary [email protected]

Office Address London House, Level 8, 216 St Georges Terrace, PERTH WA 6000 Postal Address GPO Box 2517, PERTH WA 6831 Phone +61 8 9481 0389 Email [email protected]