Dear SirsPages: 8 (Eight)FOX ACQUIRES RADIO HILL ROYALTIESFox...

Dear Sirs
Pages: 8 (Eight)
FOX ACQUIRES RADIO HILL ROYALTIES
Fox Resources Limited (“Fox”) (ASX Code: FXR) is pleased to announce the
acquisition of the Radio Hill Royalties from Titan Resources Ltd. The
royalties relate to the Radio Hill deposit and the Sholl nickel deposits. This
has significant implications for the company as all current and future
production from these deposits is now royalty free.
The consideration to acquire the Radio Hill royalties was satisfied by the
immediate issue of 250,000 Fox ordinary shares and a cash payment of
$225,000. Please find attached an Appendix 3B for the issue of shares.
Yours faithfully
Bruno Seneque
Director
+ See chapter 19 for defined terms.
1/1/2003 Appendix 3B Page 1
Rule 2.7, 3.10.3, 3.10.4, 3.10.5
Rule 2.7, 3.10.3, 3.10.4, 3.10.5
Appendix 3B
New issue announcement,
application for quotation of additional securities and agreement
Information or documents not available now must be given to ASX as soon as available. Information
and documents given to ASX become ASX’s property and may be made public.
Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003.
Name of entity
FOX RESOURCES LIMITED
ABN
44 079 902 499
We (the entity) give ASX the following information.
Part 1 - All issues
You must complete the relevant sections (attach sheets if there is not enough space).
1 +Class of +securities issued or to
be issued
Ordinary Fully Paid Shares
2 Number of +securities issued or
to be issued (if known) or
maximum number which may be
issued
250,000 Ordinary Shares.
3 Principal terms of the +securities
(eg, if options, exercise price and
expiry date; if partly paid
+securities, the amount
outstanding and due dates for
payment; if +convertible
securities, the conversion price
and dates for conversion)
Ordinary fully paid shares ranking
equally with existing shares.
+ See chapter 19 for defined terms.
1/1/2003 Appendix 3B Page 2
4 Do the +securities rank equally in
all respects from the date of
allotment with an existing +class
of quoted +securities?
If the additional securities do not
rank equally, please state:
• the date from which they do
• the extent to which they
participate for the next
dividend, (in the case of a
trust, distribution) or interest
payment
• the extent to which they do
not rank equally, other than in
relation to the next dividend,
distribution or interest
payment
Yes
5 Issue price or consideration
Shares issued at a deemed issue price
of $0.50 per share.
6 Purpose of the issue
(If issued as consideration for the
acquisition of assets, clearly
identify those assets)
Shares issued as part consideration for
the acquisition of the Radio Hill royalties
from Titan Resources Ltd.
7 Dates of entering +securities
into uncertificated holdings or
despatch of certificates
7 March 2005
Number +Class
8 Number and +class of all
+securities quoted on ASX
(including the securities in
clause 2 if applicable)
66,465,504
14,352,270
Fully paid ordinary
shares
Listed options
exercisable at 20
cents expiring on
31/1/2006.
+ See chapter 19 for defined terms.
1/1/2003 Appendix 3B Page 3
Number +Class
9 Number and +class of all
+securities not quoted on ASX
(including the securities in
clause 2 if applicable)
1,500,000
10,000,000
8,781,147
Unlisted options
exercisable 25
cents expiring
30/6/07.
Unlisted options
exercisable 75
cents expiring
30/6/07.
Listed options
exercisable 75
cents expiring
30/6/07.
10 Dividend policy (in the case of a
trust, distribution policy) on the
increased capital (interests)
N/A
Part 2 - Bonus issue or pro rata issue
11 Is security holder approval
required?
N/A
12 Is the issue renounceable or
non-renounceable?
N/A
13 Ratio in which the +securities
will be offered
N/A
14 +Class of +securities to which
the offer relates
N/A
15 +Record date to determine
entitlements
N/A
16 Will holdings on different
registers (or subregisters) be
aggregated for calculating
entitlements?
N/A
17 Policy for deciding entitlements
in relation to fractions
N/A
+ See chapter 19 for defined terms.
1/1/2003 Appendix 3B Page 4
18 Names of countries in which
the entity has +security holders
who will not be sent new issue
documents
Note: Security holders must be told how their
entitlements are to be dealt with.
Cross reference: rule 7.7.
N/A
19 Closing date for receipt of
acceptances or renunciations
N/A
20 Names of any underwriters
N/A
21 Amount of any underwriting fee
or commission
N/A
22 Names of any brokers to the
issue
N/A
23 Fee or commission payable to
the broker to the issue
N/A
24 Amount of any handling fee
payable to brokers who lodge
acceptances or renunciations
on behalf of +security holders
N/A
25 If the issue is contingent on
+security holders’ approval, the
date of the meeting
N/A
26 Date entitlement and
acceptance form and
prospectus or Product
Disclosure Statement will be
sent to persons entitled
N/A
27 If the entity has issued options,
and the terms entitle option
holders to participate on
exercise, the date on which
notices will be sent to option
holders
N/A
28 Date rights trading will begin (if
applicable)
N/A
29 Date rights trading will end (if
applicable)
N/A
+ See chapter 19 for defined terms.
1/1/2003 Appendix 3B Page 5
30 How do +security holders sell
their entitlements in full through
a broker
N/A
31 How do +security holders sell
part of their entitlements
through a broker and accept for
the balance?
N/A
32 How do +security holders
dispose of their entitlements
(except by sale through a
broker)?
N/A
33 +Despatch date
N/A
Part 3 - Quotation of securities
You need only complete this section if you are applying for quotation of securities
34 Type of securities
(tick one)
(a) X
Securities described in Part 1.
(b) All other securities
Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid,
employee incentive share securities when restriction ends, securities issued on expiry or conversion of
convertible securities
Entities that have ticked box 34(a)
Additional securities forming a new class of securities
Tick to indicate you are providing the information or
documents
35 If the +securities are +equity securities, the names of the 20 largest holders of
the additional +securities, and the number and percentage of additional
+securities held by those holders
36 If the +securities are +equity securities, a distribution schedule of the additional
+securities setting out the number of holders in the categories
1 - 1,000
1,001 - 5,000
5,001 - 10,000
10,001 - 100,000
100,001 and over
37 A copy of any trust deed for the additional +securities
+ See chapter 19 for defined terms.
1/1/2003 Appendix 3B Page 6
Entities that have ticked box 34(b)
38 Number of securities for which
+quotation is sought
N/A
39 Class of +securities for which
quotation is sought
N/A
40 Do the +securities rank equally in
all respects from the date of
allotment with an existing +class
of quoted +securities?
If the additional securities do not
rank equally, please state:
• the date from which they do
• the extent to which they
participate for the next
dividend, (in the case of a
trust, distribution) or interest
payment
• the extent to which they do
not rank equally, other than in
relation to the next dividend,
distribution or interest
payment
N/A
41 Reason for request for quotation
now
Example: In the case of restricted securities,
end of restriction period
(if issued upon conversion of
another security, clearly identify
that other security)
N/A
Number +Class
42 Number and +class of all
+securities quoted on ASX
(including the securities in clause
38)
N/A N/A
Number +Class
43 Number and +class of all
+securities not quoted on ASX
(including the securities in clause
2 if applicable)
N/A N/A
+ See chapter 19 for defined terms.
1/1/2003 Appendix 3B Page 7
Quotation agreement
1 +Quotation of our additional +securities are in ASX’s absolute discretion. ASX may
quote the +securities on any conditions it decides.
2 We warrant the following to ASX.
• The issue of the +securities to be quoted complies with the law and is not for an
illegal purpose.
• There is no reason why those +securities should not be granted +quotation.
• An offer of the +securities for sale within 12 months after their issue will not
require disclosure under section 707(3) or section 1012C(6) of the Corporations
Act.
Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this
warranty
• Section 724 or section 1016E of the Corporations Act does not apply to any
applications received by us in relation to any +securities to be quoted and that
no-one has any right to return any +securities to be quoted under sections 737,
738 or 1016F of the Corporations Act at the time that we request that the
+securities be quoted.
• We warrant that if confirmation is required under section 1017F of the
Corporations Act in relation to the +securities to be quoted, it has been
provided at the time that we request that the +securities be quoted.
• If we are a trust, we warrant that no person has the right to return the
+securities to be quoted under section 1019B of the Corporations Act at the
time that we request that the +securities be quoted.
3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim,
action or expense arising from or connected with any breach of the warranties in
this agreement.
4 We give ASX the information and documents required by this form. If any
information or document not available now, will give it to ASX before +quotation of
the +securities begins. We acknowledge that ASX is relying on the information and
documents. We warrant that they are (will be) true and complete.
Sign here: ..............Date: 7 March 2005
(Director)
Print name: Bruno Seneque