8,100,000 Performance Rights of Anax Metals Limited are subject to a Lock-Up Agreement Ending on 21-OCT-2022. These Performance Rights will be under lockup for 721 days starting from 30-OCT-2020 to 21-OCT-2022.

Details:
A total of 23,250,000 Advisor Options ($0.045, 3 years), 6,000,000 Incentive Options ($0.045, 3 years), 3,000,000 Class A Performance Rights, 2,600,000 Class B Performance Rights and 2,500,000 Class C Performance Rights are under escrow for 24 months from date of Quotation.