• Voluntary administrators appointed on 2 January 2025
• Company unable to secure bridging finance over December holiday period
• Suspension from ASX quotation continues

ChemX Materials Limited (ASX: CMX) has provided its quarterly activities report for the period ended 31 March 2025. The key points are:Corporate: On 2 January 2025, the Directors of CMX appointed Mr Clifford Rocke and Mr Jimmy Trpcevski of WA Insolvency Solutions as Joint and Several Voluntary Administrators of the Company and its subsidiary, HiPurA Pty Ltd. This decision followed the resignation of Chief Executive Officer Mr Peter Lee on 16 December 2024 and the Company's inability to secure bridging finance over the December holiday period, despite efforts to finalise a variation to the Mercer Convertible Securities Agreement and pursue capital raising discussions.Suspension from Quotation: On 2 January 2025, ASX advised that CMX would remain suspended from quotation following the Company's announcement of the appointment of voluntary administrators. The suspension, initially requested on 19 December 2024, was extended as ASX determined that the Company's financial condition no longer satisfied the requirements for continued quotation under Listing Rule 12.2.Operational: During the quarter, CMX was granted a Japanese patent for its proprietary HiPurA® High Purity Alumina (HPA) Process, marking the fifth patent granted for the process.The Company notes that no exploration activities have occurred during the quarter, and related party payments of approximately $NIL were made for directors' salaries, fees and superannuation payments.