ADX Secures Farm-in Funding for Anshof Prospect, Austria

Xstate Resources Limited (“Xstate”) will fund 40% of the Anshof well up to a cap at EUR 1,800,000 (EUR 720,000) to earn a 20% equity interest in the Anshof Prospect Area. Xstate may elect to fund 40% of a second well on the Anshof Prospect or the Anshof Farmin Area to earn a 20% interest in the Anshof Farmin Area within theADX-AT-II exploration license. (Refer to figure 1) Post farm-in to Anshof a