div class=ts-pagebuttonPage 1button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page1jpg target=_blank amp-img class=ts-thumb alt=Page 1: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails1jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 2button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page2jpg target=_blank amp-img class=ts-thumb alt=Page 2: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails2jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 3button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page3jpg target=_blank amp-img class=ts-thumb alt=Page 3: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails3jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 4button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page4jpg target=_blank amp-img class=ts-thumb alt=Page 4: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails4jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 5button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page5jpg target=_blank amp-img class=ts-thumb alt=Page 5: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails5jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 6button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page6jpg target=_blank amp-img class=ts-thumb alt=Page 6: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails6jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 7button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page7jpg target=_blank amp-img class=ts-thumb alt=Page 7: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails7jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 8button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page8jpg target=_blank amp-img class=ts-thumb alt=Page 8: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails8jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 9button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page9jpg target=_blank amp-img class=ts-thumb alt=Page 9: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails9jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 10button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page10jpg target=_blank amp-img class=ts-thumb alt=Page 10: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails10jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 11button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page11jpg target=_blank amp-img class=ts-thumb alt=Page 11: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails11jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 12button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page12jpg target=_blank amp-img class=ts-thumb alt=Page 12: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails12jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 13button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page13jpg target=_blank amp-img class=ts-thumb alt=Page 13: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails13jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 14button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page14jpg target=_blank amp-img class=ts-thumb alt=Page 14: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails14jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 15button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page15jpg target=_blank amp-img class=ts-thumb alt=Page 15: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails15jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 16button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page16jpg target=_blank amp-img class=ts-thumb alt=Page 16: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails16jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 17button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page17jpg target=_blank amp-img class=ts-thumb alt=Page 17: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails17jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 18button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page18jpg target=_blank amp-img class=ts-thumb alt=Page 18: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails18jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 19button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page19jpg target=_blank amp-img class=ts-thumb alt=Page 19: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails19jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 20button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page20jpg target=_blank amp-img class=ts-thumb alt=Page 20: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails20jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 21button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page21jpg target=_blank amp-img class=ts-thumb alt=Page 21: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails21jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 22button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page22jpg target=_blank amp-img class=ts-thumb alt=Page 22: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails22jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 23button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page23jpg target=_blank amp-img class=ts-thumb alt=Page 23: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails23jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 24button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page24jpg target=_blank amp-img class=ts-thumb alt=Page 24: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails24jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 25button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page25jpg target=_blank amp-img class=ts-thumb alt=Page 25: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails25jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 26button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page26jpg target=_blank amp-img class=ts-thumb alt=Page 26: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails26jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 27button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page27jpg target=_blank amp-img class=ts-thumb alt=Page 27: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails27jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 28button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page28jpg target=_blank amp-img class=ts-thumb alt=Page 28: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails28jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 29button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page29jpg target=_blank amp-img class=ts-thumb alt=Page 29: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails29jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 30button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page30jpg target=_blank amp-img class=ts-thumb alt=Page 30: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails30jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 31button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page31jpg target=_blank amp-img class=ts-thumb alt=Page 31: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails31jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 32button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page32jpg target=_blank amp-img class=ts-thumb alt=Page 32: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails32jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 33button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page33jpg target=_blank amp-img class=ts-thumb alt=Page 33: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails33jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 34button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page34jpg target=_blank amp-img class=ts-thumb alt=Page 34: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails34jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 35button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page35jpg target=_blank amp-img class=ts-thumb alt=Page 35: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails35jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 36button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page36jpg target=_blank amp-img class=ts-thumb alt=Page 36: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails36jpg width=142 height=106 layout=responsive amp-imga divdivdiv class=ts-pagebuttonPage 37button div class=ts-image a href=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5page37jpg target=_blank amp-img class=ts-thumb alt=Page 37: PANEX RESOURCES INC - GetFilingPdfpanexresourcescomwp-contentuploads201304Panex-Resources-Febpanex resources inc financial statements expressed in us dollars ouarterly src=https:reader042vdocumentsnetreader042viewer20220307145afdb75e7f8b9a68498d43achtml5thumbnails37jpg width=142 height=106 layout=responsive amp-imga divdiv