PYX Resources : Application for Quotation of Shares and Cleansing Notice

www.nsxa.com.au

ABN: 11 000 902 063

Application for Quotation of Additional Securities

File Reference:

I:IssuersFormswebsite formsdocuments 2016issuersNSX Quotation of Additional Securities.doc

	Application for quotation of additional securities
Table of Contents
INTRODUCTION ....................................................................................................................	2
NEW ISSUE ANNOUNCEMENT, APPLICATION FOR QUOTATION OF ADDITIONAL
SECURITIES AND AGREEMENT..........................................................................................	3
PART 1	- ALL ISSUES...........................................................................................................	3
PART 2	- BONUS ISSUE OR PRO RATA ISSUE ................................................................	5
PART 3	- QUOTATION OF SECURITIES..............................................................................	7
ADDITIONAL SECURITIES FORMING A NEW CLASS OF SECURITIES ..............................................	7
QUOTATION AGREEMENT ..................................................................................................	9

Introduction

To ensure the efficient processing of this form by NSX, please:

1. Adhere to the suggested number of the annexures required by this form.
2. Complete all statements and questions in this form. (NSX can provide an electronic version of this form on request).

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Application for quotation of additional securities

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to NSX as soon as available. Information and documents given to NSX become NSX's property and may be made public.

Introduced 11 March 2004. Revised 7 March 2016.

Name of entity

PYX Resources Limited

ABN/ACN

30 073 099 171

We (the entity) give NSX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

• Class of securities issued or to be issued

• Number of securities issued or to be issued (if known) or maximum number which may be issued

• Principal terms of the securities (eg, if options, exercise price and expiry date; if partly paid securities, the amount outstanding and due dates for payment; if
  convertible securities, the conversion price and dates for conversion)

Ordinary Fully Paid Shares (Shares)

857,000 Shares

The Shares are fully paid ordinary shares in the company and rank equally with existing ordinary shares.

• Do the securities rank equally in all respects from the date of allotment with an existing class of quoted securities?
  If the additional securities do not rank equally, please state:
• • the date from which they do
  • the extent to which they participate for the next dividend, (in the case of a trust,
    distribution) or interest payment
  • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

The Shares rank equally in all respects from the date of allotment.

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Application for quotation of additional securities

• Issue price or consideration

• Purpose of the issue
  (If issued as consideration for the acquisition of assets, clearly identify those assets)

£0.53

857,000 Shares issued to US Institutional Investor in accordance with the Company's announcement of 11 March 2022.

7	Dates of entering securities into	7 July 2022
	uncertificated	holdings	or
	despatch of certificates
8	Number	and	class	of	all	Number	Class
437,556,484	ORD
	securities	quoted on	NSX
	(including the securities in clause
	2 if applicable)
9	Number	and	class	of	all	Number	Class
	securities	not	quoted	on	NSX	537,500	Unlisted options
	(including the securities in clause		(AU$1.00, expiry 22-
	2 if applicable)					Feb-2023)
						20,412,494	Performance Rights
							convertible into a
							maximum of
							23,652,494 Shares,
							subject to the
							achievement of
							milestones
						2,083,431	Unlisted Options
							(£0.86, expiry 21
							March 2025)
10	Dividend policy (in the case of a
Not applicable
	trust, distribution policy) on the
	increased capital (interests)

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Application for quotation of additional securities

Part 2 - Bonus issue or pro rata issue

1. Is security holder approval required?
2. Is the issue renounceable or non- renounceable?
3. Ratio in which the securities will be offered
4. Class of securities to which the offer relates
5. Record date to determine entitlements
6. Will holdings on different registers (or subregisters) be aggregated for calculating entitlements?
7. Policy for deciding entitlements in relation to fractions
8. Names of countries in which the entity has security holders who will not be sent new issue documents

Note: Security holders must be told how their entitlements are to be dealt with.

1. Closing date for receipt of acceptances or renunciations
2. Names of any underwriters
3. Amount of any underwriting fee or commission
4. Names of any brokers to the issue
5. Fee or commission payable to the broker to the issue
6. Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of security holders

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