Announcement PDF ASX / MEDIA ANNOUNCEMENT 18 February 2020 ISSUE OF UNQUOTED OPTIONS RareX Limited (RareX or Company) advises that pursuant to the Proposed Issue of Securities lodged with ASX on 18 February 2020, the Company issued 6,000,000 unquoted options exercisable at $0.067 expiring on 22 December 2022 and vesting in three equal tranches as follows: Tranche 1 2 3 Vesting Condition The 20-Day VWAP of RareX Shares exceeding $0.10 The 20-Day VWAP of RareX Shares exceeding $0.15 The 20-Day VWAP of RareX Shares exceeding $0.20 There is no consideration payable and the options were issued under the Company’s capacity under Listing Rule 7.1. This announcement has been authorized for release by the Board of RareX Limited. For further information, please contact: Oonagh Malone Company Secretary Ph: +61 8 6143 6720 RareX Limited Suite 23, 513 Hay Street, Subiaco WA 6008 Ph: 08 6143 6720 ACN: 105 578 756