Anax Metals Limited announced it has initiated arbitration proceedings under the Singapore International Arbitration Centre Rules following a breakdown in negotiations over a key Marketing Agreement. The dispute centers on a convertible note issued in May 2025 by a cornerstone investor which required the Company to grant exclusive marketing rights over all commodity production from its projects. With the deadline for finalizing the agreement missed, Anax Metals Limited asserts that the investor failed to negotiate in good faith, prompting the firm to seek declaratory relief to safeguard its legal rights and interests. The announcement also refers to previous disclosures, including the securing of funding and issuance of convertible notes, underscoring the critical stage of the Company’s funding and strategic partnerships. The legal move by Anax Metals Limited presents a mix of bullish and bearish sentiments for market observers. On one hand, the action can be seen as a bullish sign since the Company is proactively defending its contractual rights and mitigating potential risks associated with the convertible note. This determination may foster investor confidence by demonstrating strong governance and a commitment to protecting shareholder interests. On the other hand, the unresolved dispute and arbitration process introduce uncertainty, which could be viewed as a bearish signal by indicating potential delays in securing additional funding or achieving planned strategic milestones. Investors and beginner traders should closely monitor further developments as the matter progresses, keeping in mind the inherent uncertainties outlined in the forward-looking statements.