PYX Resources : Appointment of WH Ireland as Broker

NSX Announcement

7 July 2022

Appointment of Broker

PYX Resources Ltd (PYX or the Company) (NSX: PYX | LSE: PYX), the world's second-largest publicly- listed zircon producer by zircon resources1, is pleased to announce the appointment of WH Ireland as its broker with immediate effect.

VSA Capital Ltd. will cease to act for the Company from 6 October 2022.

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For more information:

[e-mail] Tel.: [phone]

This announcement is authorised for release by Oliver B. Hasler, Chairman and Chief Executive Officer.

About PYX Resources

PYX Resources Limited (NSX: PYX | LSE: PYX) is a producer of premium zircon dual listed on the National Stock Exchange of Australia and on the Main Market of the London Stock Exchange. PYX's key deposits, Mandiri and Tisma, are large-scale,near-surface open pit deposits both located in the alluvium-rich region of Central Kalimantan, Indonesia. PYX, whose Mandiri deposit has been in production since 2015, is the 2nd largest publicly traded producing mineral sands company by zircon resources globally. Determined to mine responsibly and invest in the wider communities where we operate, PYX is committed to fully developing its Mandiri and Tisma deposits, with the vision to consolidate the mineral sands resources in Kalimantan and explore and acquire mineral sands assets in Asia and beyond.

• according to publicly available information during the financial year ended December 2020