Fenix Resources Limited (Fenix or the Company) confirmed that it has completed the acquisition of the remaining 50% interest in haulage joint venture company, Fenix-Newhaul Pty Ltd. (Fenix-Newhaul) resulting in the consolidation of 100% ownership of the haulage business into Fenix (Transaction). Mr. Craig Mitchell, the founder of Newhaul, has been nominated to join the Board of Fenix, with his appointment as a director to be effective on and from 1 September 2022.