GreenX Metals Limited Response to ASX Price Query (4457L)

TIDMGRX

RNS Number : 4457L

GreenX Metals Limited

03 January 2023

greenx metals limited

NEWS RELEASE 3 JANUARY 2023

Please find below a copy of GreenX Metals Limited's (Company) response to a price and volume query from the Australian Securities Exchange (ASX).

To view the announcement in full, please refer to https://greenxmetals.com/investors/announcements/ .

3 January 2023

Laura Gomme

Australia Securities Exchange

Level 40, Central Park

152-158 St Georges terrace

Perth WA 6000

By email: laura.gomme@asx.com.au

Dear Laura,

Response to Price Query

In response to your correspondence dated 3 January 2023 regarding an increase in the Company's share price and in the volume of trading securities, the Company's response is as follows:

1. The Company is not aware of any information that has not been announced which, if known, could be an explanation for recent trading in the securities of the Company.

   2.         Not applicable.

3. The Company notes recent media reports published in Poland relating to the Company's international arbitration claims (Claim) against the Republic of Poland under both the Energy Charter Treaty (ECT) and the Australia-Poland Bilateral Investment Treaty (BIT) (together the Treaties). In November 2022, the Company announced that the hearing for the Claim had been concluded and that it now awaits a decision from the Tribunal, with no specified date available for the decision.

As previously advised, the arbitration and hearing proceedings in relation to the Claim are required to be kept confidential.

4. The Company confirms that it is in compliance with the listing rules, in particular, Listing Rule 3.1.

5. The Company confirms that its responses to the questions above have been authorised and approved in accordance with its published continuous disclosure policy or otherwise by its board or an officer of the Company with delegated authority from the board to respond to ASX on disclosure matters.

Yours faithfully

[sent electronically without signature]

Dylan Browne

Company Secretary

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END

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January 03, 2023 02:00 ET (07:00 GMT)

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