AURORA MINERALS LIMITED (ARM)

name changed to Anax Metals Limited

we understand that on or about this date the company consolidated its shares 9 for 10

The company releases the results of its general meeting.

The company releases a notice of consolidation of its securities. Shareholders get 9 shares for every 10 presently owned.

The company releases a prospectus for an offer of 66,666,667 Shares at an issue price of $0.03 each to raise minimum of $2,000,000.

The company releases an Appendix 4G and Corporate Governance Statement.

The company lodges its Annual Report.

The General Meeting of the Company will be held at the offices of HWL Ebsworth Lawyers, at Level 20, 240 St Georges Terrace, Western Australia on Friday, 2 October 2020 at 10.00am (WST).

The company lodges its Quarterly Activities and Cashflow Report.

The Company has signed an Earnin and Joint Venture Agreement to acquire up to an 80% interest in the Whim Creek Copper-Zinc Project from VentureX Resources Limited. The Project includes a substantial volcanogenic massive sulphide Mineral Resource in addition to a series of highly prospective Copper, Zinc and Gold exploration targets. The Project is located within a highly prospective base metal and gold belt 115 kilometres south west of Port Hedland and includes the Mons Cupri, Whim Creek, Salt Creek and Evelyn VMS deposits as well as tenements covering 18,000 hectares of the highly prospective Whim Creek and Mallina basins. The Project includes crushing and heap leach infrastructure that (subject to regulatory approvals) will facilitate the efficient delivery of the Company's strategy to produce pre-concentrates and recovered metals from the newly mined ores and sorted rejects. In addition, offices, workshops and established water supplies are included in the site infrastructure. The Project tenure includes a substantial exploration package with exciting gold and base metal prospectivity. The package is adjacent to De Grey's Mallina project tenure and to the north of both the DGO Gold's Mallina tenure and the Kairos Minerals' Skywell Project. WCM may acquire up to an 80% interest in the Project from Jutt and VXP via an earn-in arrangement and enter into an unincorporated joint venture with the VXR Parties in relation to the Project. Consideration for the Transaction consists of an initial $150,000 cash deposit and up to $1.5 million in expenditure obligations to earn up to the 80% over a 15-month period, with the Company then having an additional obligation to incur a further $2.5 million of expenditure over a four year period following commencement of the joint venture to maintain the 80% interest. In addition, the Company must pay $3 million in $1 million instalments over a three-year period commencing on the second anniversary of the Transaction. The Company will issue a prospectus to raise up to $2 million at a price to be determined, to add to its existing cash reserves of ~$3 million and ~$2.5m in listed securities. The Transaction is subject to conditions, including Company shareholder approval, the Company's recompliance with Chapters 1 and 2 of the Listing Rules.

The securities of Aurora Minerals Limited will be suspended from quotation immediately, at the request of ARM, pending the release of an announcement regarding a proposed material project acquisition. ASX has exercised its discretions under Listing Rule 11.1.2 to require the Proposed Acquisition to be conditional on approval by ARM's ordinary security holders and under Listing Rule 11.1.3 to require ARM to recomply with Chapters 1 and 2 of the Listing Rules. It is expected that ARM's securities will remain suspended until ARM has recomplied with Chapters 1 and 2 of the Listing Rules.

The securities of Aurora Minerals Limited will be reinstated to official quotation from the commencement of trading tomorrow, Thursday, 4 October 2018, following lodgement of its full year financial report for the year ended 30 June 2018.

The company releases its Appendix 4G and Corporate Governance Statement.

The company lodges its Annual Report to shareholders.

The securities of the company will be suspended from Official Quotation in accordance with Listing Rule 17.5 from the commencement of trading today, 1 October 2018, following failure to lodge the relevant periodic report for the period ended 30 June 2018 by the due date.

securities to be reinstated on 6 October 2009

securities suspended from quotation following failure to lodge full year accounts