PACIFIC BAUXITE LIMITED(PBX)

The company lodges its Interim Financial Report 31 December 2021.

The company lodges its Quarterly Report and Appendix 5B - December 2021.

The company's 2021 AGM will be held at 9:00 am WST on 31 January 2022 at 25 Colin Street West Perth, Western Australia 6005.

The company's 2020 AGM will be held at 8:45 am WST on 31 January 2022 at 25 Colin Street West Perth, Western Australia 6005.

The company has entered into agreements to acquire 100% of the issued capital of Western Yilgarn PGM and AAM Resources, who own various projects located in the Eastern Goldfields and Pilbara regions of Western Australia prospective for platinum group metals, gold, nickel and other minerals. The tenement package to be acquired as a result of the Proposed Acquisitions comprises three exploration licences (E36/1010, E36/1011 and E70/5767) granted to Western Yilgarn, three exploration licences (E52/3861, E58/0562 and E59/2496) granted to AAM Resources and two exploration licence applications (E36/1025 and E70/5921) applied for by Western Yilgarn in its own name.

The company lodges its Quarterly Report and Appendix 5B - September 2021.

The company lodges its Appendix 4G and Annual Report 30 June 2021.

The company lodges its Quarterly Report and Appendix 5B - June 2021.

Shareholders in this company should consider crystallising a capital loss in 2021/22 by selling their worthless shares. From 1 October 2021 we have made this process much easier and quicker. It can now be achieved online by entering transaction details here. While this usually makes good economic sense, we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person.

The company lodges its Interim Financial Report 31 December 2020.

The company's creditors resolved to accept the variation to the Deed of Company Arrangement and recapitalisation proposal presented by Oceanic Capital. The DOCA variation has been executed on 6 September 2021 and control of the company has been passed to the new board of Directors with the deed administrators retaining supervisory powers.

On 5 August 2021, the Deed Administrators were presented with a proposal to vary the current DOCA from Oceanic Capital Pty Ltd. The Company's creditors will vote upon a resolution to consider this DOCA variation proposal at an upcoming meeting of the Company's creditors on 23 August 2021.

FGSC has provided notice of their intent to withdraw from the DOCA. As at 1 May 2021, the extension period officially lapsed. The Deed Administrators note this is a contravention of the DOCA. The Administrators will convene a meeting of creditors to determine the future of the company. The Deed Administrators have received alternative proposals, which are currently being considered.

The company lodges its Quarterly Report and Appendix 5B - March 2021.

The company lodges its Quarterly Report and Appendix 5B - December 2020.

The company lodges its Quarterly Report and Appendix 5B - September 2020.

The company releases an Appendix 4G.

The company lodges its Annual Report 30 June 2020.

An additional extension to the sunset date for completion of the conditions precedent required under the DOCA executed by First Guardian Synergy Capital is now required to 30 April 2021. The extension has been granted to allow for further time to finalise the independent expert report. This will also enable the company to bring outstanding disclosure documents to date in accordance with Chapter 4 of the ASX Listing Rules and to allow 28 days' notice regarding the shareholders' meeting to be given. The company's periodical lodgements, including its outstanding Annual June 2020 Report, September 2020, December 2020 and March 2021 quarterly activity reports are currently in the process of being finalised and are expected to be released imminently.

The company lodges its Interim Financial Report 31 December 2019.

The Court of Appeal agreed with the High Court's judgement that the Minister for Mines, Energy and Rural Electrification acted ultra vires his powers under Section 71(1) and (2) of the Mines and Minerals Act [CAP. 42] thereby quashing the Minister's decision of 24 May 2018 which cancelled the Respondent's Prospecting Licence (PL No. 01/16). The Court of Appeal has ruled in favour of the Company, dismissing the appeal.

The company lodges the following: Quarterly Report and Appendix 5B - December 2019, Quarterly Report and Appendix 5B - March 2020 and Quarterly Report and Appendix 5B - June 2020.

The sunset date for completion of the conditions precedent required under the DOCA executed by First Guardian Synergy Capital Limited has been extended from 31 December 2020 to 28 February 2021. The extension has been granted to allow for further time to complete an independent expert report. This will also enable the company to bring outstanding periodic disclosure documents up to date. The company's periodical lodgements, including its outstanding quarterly activity reports, December 2019 half yearly and 30 June 2020 annual report are in the process of being finalised and are expected to be released during January 2021.

On 9 July 2020, an instrument prepared under Section 444A of the Corporations Act 2001 was executed by First Guardian Synergy Capital Pty Ltd, the Company and the Administrators, whereupon the instrument became a DOCA pursuant to Section 444B(6) of the Act. Richard Albarran and Cameron Shaw have been appointed as Deed Administrators, effective, 9 July 2020.

The DOCA proposal by First Guardian Synergy Capital Limited or its nominee(s) was accepted by creditors at the major meeting. The company has 15 business days from the date of acceptance, being 9 July 2020, to execute the DOCA.

The administrators request that the ASX refrain from issuing any shares and allow the entitlement offer to expire. They also request that the lapsing of the offer be announced to the market by the ASX.

The company has appointed Messers Richard Albarran and Cameron Shaw from Hall Chadwick as Voluntary Administrators to the company. The failure of the company's recent rights issue to attract to attract meaningful support coupled with the failure of negotiations to sell the company's bauxite deposits in the Solomon Islands has left Pacific Bauxite in a very vulnerable position.

The securities of Pacific Bauxite Limited will be suspended from quotation immediately under Listing Rule 17.3, following the appointment of voluntary administrators.

The suspension of trading in the securities of Pacific Bauxite Limited will be lifted immediately, following the release by the Company of an announcement regarding the Company's Solomon Islands Nendo Project.

In relation to the canceled prospecting license PL 01/16 held by Eight South, the JV is preparing its appeal in the High Court of Solomon Islands and has engaged legal counsel with previous successful experience with similar cases. The appeal process is estimated to take between six (6) and 12 months. In parallel to the appeal process, the Company is investigating whether opportunities for an agreed settlement are available to the JV that may provide an earlier beneficial resolution to the situation. Also, the suspension of operations at Nendo has enabled the Company to re-deploy personnel and equipment to the Company's other Solomon Islands project, the Southwest New Georgia Bauxite Project

The securities of Pacific Bauxite Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of the Company, pending the release of an announcement regarding the Company's Solomon Islands Nendo Project.

name changed from Iron Mountain Mining Limited