You will be aware that the Company has launched a Share Purchase Plan (“SPP”), open to all shareholders resident in Australia and New Zealand, whereby you can purchase up to $15,000 worth of Rox Resources Limited (Rox)shares at a discount to the market price. The Rox Board is pleased to report that the SPP has been underwritten for $3 million by Patersons Securities.
The funds raised will allow the Company to continue its work on the Fisher East nickel sulphide project which is shaping up to be a transformational one for Rox. We have been extremely busy since we last wrote to you in March and have achieved a number of goals that we set for ourselves. An update on these achievements and progress on Rox’s other projects appears below.