SOUTH PACIFIC RESOURCES LIMITED (ASX.SPB)

company is now called PYX RESOURCES LIMITED

delisted from the close of trading on Tuesday, 11 February 2020 pursuant to Listing rule 17.11.

we understand the company requested removal from the ASX because of the Takmur transaction and the low liquidity of its shares and ASX agreed to the delisting subject to the company listing on the NSX and providing a market for its securities - note the company has changed its name to PYX Resources Limited

On 31 January 2020, approval was granted for admission to the official lislt of NSX subject to conditions being met prior to the commencement of official quotation of the company's shares on NSX. Accordingly, both the acquisition of Takmur and the disposal of the company's oil and gas assets have completed on 31 January 2020.

The company lodges its Quarterly Activities Report.

The company lodges its Quarterly Cashflow Report.

The resolutions passed at the company's general meeting were passed without amendment by poll. The company has successfully closed its prospectus, raising a total of AUD14 million. This result reflects strong support from the investment community for the acquisition of the Takmur business and its development plan. The majority of Takmur by SPB is nearing completion with the majority of key requirements having been satisfied.

The company issues a replacement prospectus for an offer of 35,000,000 shares at an issue price of AU$0.40 per share to raise AU$14,000,000.

The company releases a letter to its shareholders in relation to the delisting of the company from ASX and the proposed listing of the company on the NSX.

The company has made a formal request for removal from the ASX and ASX has provided in-principle advice stating that it will likely agree to SPB's request for SPB to be removed from the official list of ASX subject to the conditions of the advice. SPB will seek to list on the NSX and a condition of the delisting is SPB being admitted to NSX and having its relevant securities quoted on NSX. SPB expects that the delisting will occur at the close of trade on or about 6 February 2020.

The general meeting of the company will be held at Level 5, 56 Pitt Street, Sydney, NSW, 2000, Australia at 11.00 am (AEDT) on Friday, 24 January 2020.

The company releases a replacement prospectus in relation to an offer of 35,000,000 Shares at an issue price of AU$0.40 per share to raise AU$14,000,000.

we understand that on or about this date the company consolidated its shares 1 for 20

The company board has determined that it did not wish to make further submissions to the ASX in relation to the application for re-admission and has resolved to consider listing alternatives for the existing company shares, the public offer shares and the Takmur shares. The board has resolved that it is in the best interest of the company's shareholders and all stakeholders to apply to ASX for in-principle advice in relation to the removal from the official list of ASX and to submit an application for listing on the National Stock Exchange of Australia of the company shares, the public offer shares and the Takmur shares and to withdraw the current application for re-admittance to the Official List of ASX.

The board and its management have decided to extend the closing date of the public offer under the replacement prospectus until 24 January 2020 subject to the right of the company to close the public offer early or extend the closing date.

The company provides an update on the consolidation of its securities. Approval for the consolidation of capital was received from shareholders at the General Meeting held on 13 December 2019.

The company issues a replacement prospectus in relation to an offer of 35,000,000 shares at an issue price of AU$0.40 per share to raise AU$14,000,000.

The company releases the results of its general meeting.

The company releases a notification of the consolidation of its securities. Shareholders get 1 share for every 20 presently owned.

The company releases the results of its meeting.

The company issues a prospectus in relation to an offer of 35,000,000 shares at an issue price of AU$0.40 per share to raise AU$14,000,000.

The company's general meeitng will be held at Level 5, 56 Pitt Street, Sydney, NSW, 2000, Australia at 11.00 am (AEDT) on 13 December 2019.

The Annual General Meeting of the company will be held at Level 5, 56 Pitt Street, Sydney, New South Wales 2000 at 10.00am (AEDT) on Friday, 29 November 2019.

The company lodges its Quarterly Activities Report.

The company lodges its Quarterly Cashflow Report.

The company lodges its Annual Report to shareholders.

The company releases its Appendix 4G.

The company releases the results of its meeting.

The company has signed a sale and purchase agreement to acquire 100% of Takmur Pte. Ltd. SPB will seek shareholders' approval to effect: a 20 to 1 share consolidation; a capital raising of AUD $14 million under a prospectus; and a change in activities under the Listing Rules.

The securities of South Pacific Resources Limited will be suspended from quotation immediately, at the request of SPB, following the announcement that it has entered into an agreement proposing to acquire a mineral sands business operating in Indonesia. ASX has exercised its discretions under Listing Rule 11.1.2 to require the Proposed Acquisition to be conditional on approval by SPB's ordinary security holders and under Listing Rule 11.1.3 to require SPB to re-comply with Chapters 1 and 2 of the Listing Rules. It is expected that SPB's securities will remain suspended until SPB has re-complied with Chapters 1 and 2 of the Listing Rules.

name changed from CORAL SEA PETROLEUM LTD