ANDROMEDA METALS LIMITED — Capital/Financing Update 2017

Oct 24, 2017

==> picture [333 x 175] intentionally omitted <==

MARKET RELEASE

25 October 2017

Andromeda Metals Limited

TRADING HALT

The securities of Andromeda Metals Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Friday, 27 October2017 or when the announcement is released to the market.

Security Code: ADN

Adrian Smythe

MANAGER, LISTINGS COMPLIANCE

==> picture [593 x 94] intentionally omitted <==

25 October 2017

Mr Adrian Smythe Manager, Listings Compliance, ASX Compliance Pty Limited, 20 Bridge Street, Sydney, NSW 2000

Dear Adrian,

REQUEST FOR TRADING HALT – ANDROMEDA METALS LIMITED (ASX : ADN)

In accordance with ASX Listing Rule 17.1, we request an immediate trading halt in the Company’s securities pending an announcement in respect to a capital raising.

The Company requests that the trading halt end on the earlier of the commencement of normal trading on Friday 27 October 2017, or when the anticipated announcement referred to above is released to the market.

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

Yours sincerely

Nick Harding Company Secretary

==> picture [593 x 94] intentionally omitted <==

==> picture [593 x 94] intentionally omitted <==

==> picture [593 x 94] intentionally omitted <==