Fenix Resources director increases stake with additional share purchase

John Paul Welborn, a director at Fenix Resources Ltd, has acquired an additional 250,000 fully paid ordinary shares in the company through on-market trades. This transaction, dated October 17, 2025, increased his direct holding to 22,250,000 shares, alongside 45,000,000 performance rights, as reported in an Appendix 3Y notice. The acquisition was valued at A$125,250.00.

Prior to this change, Welborn held 22,000,000 fully paid ordinary shares and 45,000,000 performance rights. The latest disclosure reaffirms his direct interest in the company’s securities.

The transaction occurred outside of a closed period, and therefore, no prior written clearance was required for the trade.