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ALARA RESOURCES LIMITED Capital/Financing Update 2019

Apr 22, 2019

64461_rns_2019-04-22_c6b8a2e3-9add-436a-a1f1-a21fe5f0bae3.pdf

Capital/Financing Update

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Market Announcement

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23 April 2019

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Alara Resources Limited (ASX: AUQ) – Trading Halt

Description

The securities of Alara Resources Limited (‘AUQ’) will be placed in trading halt at the request of AUQ, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Friday, 26 April 2019 or when the announcement is released to the market.

Issued by

Sandra Wutete

Senior Adviser, Listings Compliance (Perth)

Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au

23 April 2019 ASX Limited

Alara Resources Limited A.B.N. 27 122 892 719 Suit 1.02, 110 Erindale Road, Balcatta WA 6021, Australia

Telephone | +61 8 9240 4211 Facsimile | +968 2449 2491 Web | www.alararesources.com Email | [email protected]

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PO Box 963, Balcatta WA 6914

Tuesday, 23 April 2019

Trading Halts Perth ASX Limited Central Park 152-158 St Georges Terrace Perth WA 6000

By email: [email protected]

Request for Trading Halt

Alara Resources Limited (ASX: AUQ) ( Alara or the Company ) requests that its shares be placed into a trading halt. Alara provides the following information under Listing Rule 17.1:

Reasons for Trading halt

Pending release of an announcement regarding pending further project finance developments.

Expected length of trading halt

Until the market opens on Friday, 26 April 2019.

Expected event to end trading halt

Release of an announcement detailing further project finance developments.

The Company is not aware of any reason why the trading halt should not be granted.

Stephen Gethin

Company Secretary

For further information, please contact:

Justin Richard T | +968 2449 1162 Managing Director E | [email protected] Stephen Gethin T | +61 8 9240 4211 Company Secretary E | [email protected]

About Alara Resources

Alara Resources Limited (ASX: AUQ) is an Australian minerals exploration company with a portfolio of projects in Oman and Saudi Arabia. Alara, through its joint-venture vehicle Al Hadeetha Resources LLC, holds a mining licence for the Al Hadeetha Copper-Gold project in Oman and has completed an Advanced Scoping Study on the Daris, Mullaq and Al Ajal exploration licences in Oman. The Company has also completed a Definitive Feasibility Study on the Khnaiguiyah ZincCopper Project in Saudi Arabia. The Company is transitioning to establish itself as a base and precious metals mine development and production company. For more information, please visit: www.alararesources.com.