Anax Metals LimitedASX: ANX

Quarterly Activities and Cashflow Report

· Issued by Anax Metals Limited

Filed with ASX · · 13 pages · English

- Anglo American will acquire a 1% Net Smelter Return for US$2M over Anax production of copper and zinc from Whim Creek, payable to Anax immediately upon execution of a binding, definitive agreement; and - The Terms Sheet also provides a proposed project funding package of up to US$20M and offtake arrangement for Whim Creek Anax completed its 80% Earn-In at Whim Creek Project early in the quarter

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