Alkane Resources — Capital/Financing Update 2019

Nov 25, 2019

Market Announcement

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26 November 2019

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Alkane Resources Limited (ASX: ALK) – Trading Halt

Description

The securities of Alkane Resources Limited (‘ALK’) will be placed in trading halt at the request of ALK, 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 Thursday, 28 November 2019 or when the announcement is released to the market.

Issued by

Jessica Coupe

Adviser, Listings Compliance (Perth)

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

26 November 2019 ASX Limited

ALKAN E RESOU RCES L TD A B N 3 5 0 0 0 6 8 9 2 1 6

26 November 2019

The Manager ASX Limited Level 40, Central Park 152-158 St George's Terrace PERTH WA 6000

Dear Sir

REQUEST FOR TRADING HALT – ALKANE RESOURCES LIMITED

In accordance with ASX Listing Rule 17.1, Alkane Resources Limited ( Company ) requests an immediate halt in the trading of its securities ( Halt ) pending the release of an announcement relating to a material capital raising.

The Company requests that the Halt end on the earlier of the commencement of normal trading on Thursday, 28 November 2019 or when the anticipated announcement referred to above is released to the market.

The Company is not aware of any reason why the Halt should not be granted, nor of any other information necessary to inform the market about the Halt.

Should you have any queries or require clarification please call me on 0417 945 049.

Yours faithfully

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Dennis Wilkins Company Secretary

Ground Floor, 89 Burswood Road, Burswood WA 6100, AUSTRALIA (PO Box 4384, Victoria Park WA 6979, AUSTRALIA) Telephone: +61 8 9227 5677 Facsimile: +61 8 9227 8178 www.alkane.com.au mail@alkane.com.au