The Panel received a request from Nex Metals Explorations Ltd for an extension to lodge its Replacement Target's Statement in relation to Metalicity Ltd's off-market scrip bid for Nex Metals pursuant to Order 3 of the Panel's additional orders dated 17 December 2021.

The Panel has decided to consent to a one week extension which gives Nex Metals until Friday, 21 January 2022 to lodge its Replacement Target's Statement.

The sitting Panel was Marina Kelman, Michael Lishman and Karen Phin.

Contact:

Allan Bulman

Tel: +61 3 9655 3500

Email: takeovers@takeovers.gov.au

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