Announcements

Cleansing Notice Under Section 708AA(2)(f)

2022-01-20T14:38:01+10:30

This notice is given under section 708AA(2)(f) of the Corporations Act 2001 (Cth) and refers to the Company's Offer Memorandum and Appendix 3B lodged with ASX on 20 January 2022 for a one (1) for four (4) non-renounceable pro-rata entitlement issue of new shares in PNX Metals at an issue price of $0.005 per New Share to raise up to approximately $4.6M (before costs).

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Rights Issue to raise up to $4.6M

2022-01-20T14:19:43+10:30

The Company is pleased to announce that it is offering eligible shareholders the opportunity to acquire New Shares at $0.005 (0.5 cents) per share through a one (1) for four (4) non-renounceable pro-rata rights issue to raise up to $4.6 million (before costs and expenses) (“Offer”). Full details of the Offer are set out in the Offer Memorandum and Appendix 3B lodged with ASX today. The Offer Memorandum will be sent to Eligible Shareholders on 31 January 2022.

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Near-surface high-grade gold drill results at Glencoe

2022-01-14T08:46:47+10:30

The Company is pleased to announce further positive gold assay results from its 2021 reverse circulation (RC) drilling program at the Glencoe gold deposit (“Glencoe”) which comprised 54 RC drill holes for a total of 4,470 metres. The program was extremely successful in confirming and enhancing historic drill results, and identifying along-strike gold lode extensions that remain open. Glencoe is located on a granted Mineral Lease approximately 170 km south of Darwin and 3 km north of PNX’s Fountain Head Gold Project in the Pine Creek region of the Northern Territory. The Glencoe Project represents a ‘bolt-on’ asset that has

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Drilling extends near-surface gold zones at Glencoe

2021-11-25T08:59:03+10:30

The Company is pleased to announce further positive drill results from its latest 14 reverse circulation (RC) drill holes at the Glencoe gold deposit (“Glencoe”), which continues to build as the Company makes significant progress towards the near-term sequential development of its 100% owned Fountain Head gold and Hayes Creek gold-silver-zinc Projects. In a highly successful first drill program at Glencoe (refer ASX 14 September 2021), immediate extensions to near-surface gold mineralisation were delineated, extending the strike by more than 200 metres to the southeast of the current Mineral Resource Estimate. High-grade, near surface gold in rock-chips of up to

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Jobkeeper Payment Disclosure

2021-11-05T14:19:16+10:30

The company provides this market announcement in accordance with the requirements of the Treasury Laws Amendment (2021 Measures No. 2) Act 2021. Please see the attached notification form for the Company’s disclosure in relation to Jobkeeper payments received.

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Drilling underway and visible gold discovered at Glencoe

2021-10-28T08:56:04+10:30

The Company is pleased to advise that a 2,000m RC drill program has re-commenced at the Glencoe gold deposit (“Glencoe”) which is located on a granted Mineral Lease approximately 170 km south of Darwin, and 3 km north of PNX’s Fountain Head Gold Project in the Pine Creek region of the Northern Territory.  Drilling will predominantly focus on testing the ‘Eastern Zone’ extensional area, and increasing geological confidence within the current Mineral Resource Estimate. Significantly, during recent geological field mapping and sampling, numerous occurrences of coarse gold were detected at surface in a discontinuous sub-cropping quartz vein traced for over

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Results of Annual General Meeting

2021-10-27T13:41:02+10:30

The Company advises the outcome of the resolutions considered by Shareholders at the Company’s Annual General Meeting held earlier today, 27 October 2021.  All resolutions were decided by way of a poll.

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High-Grade gold in surface rock chips at Glencoe

2021-09-23T08:55:48+10:30

The Company is pleased to advise that it has received assay results from rock chip samples taken during geological mapping of the Glencoe gold deposit (“Glencoe”) and the surrounding area. Glencoe is located on a granted Mineral Lease approximately 170 km south of Darwin and 3km north of PNX’s Fountain Head Gold Project in the Pine Creek region of the Northern Territory. Numerous high-grade gold values in excess of 1.0g/t were returned from the newly defined ‘Eastern Zone’, including 6.02g/t Au (TGU5467), 4.04g/t Au (TGU5459) and 3.05g/t Au (TGU5486). These samples were collected from outcropping quartz-sulphide veined and altered mafic rocks

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Multiple zones of high-grade gold mineralisation at Glencoe

2021-09-14T09:18:29+10:30

The Company is pleased to advise that it has successfully completed 27 reverse circulation drill holes for 2,352 metres at the Glencoe gold deposit (“Glencoe”). Glencoe is located on a granted Mineral Lease approximately 170 km south of Darwin and 3 km north of PNX’s Fountain Head Gold Project in the Pine Creek region of the Northern Territory. Glencoe represents a ‘bolt-on’ asset that has significantly expanded the proposed Fountain Head development. In a highly successful first drill program at Glencoe, immediate extensions to near-surface gold mineralisation were intersected, extending the strike by more than 200 metres to the southeast of

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Fountain Head Gold Project Drilling Results

2021-08-11T08:54:18+10:30

The Company is pleased to advise that it has received assay results from reverse circulation drilling of ‘near-mine’ exploration targets at the Fountain Head Gold Project (“Fountain Head”).  Fountain Head is 100% owned by PNX and located on granted Mineral Leases approximately 170km south of Darwin in the Pine Creek region of the Northern Territory.

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Refer to PNX’s company page at www.asx.com.au for Announcements prior to 1 July 2014.