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ARIKA RESOURCES LIMITED Capital/Financing Update 2020

Apr 21, 2020

64420_rns_2020-04-21_b35d4c24-f74c-478f-8515-3d01f875874f.pdf

Capital/Financing Update

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Market Announcement

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22 April 2020

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Metalicity Limited (ASX: MCT) – Trading Halt (2+2)

Description

The securities of Metalicity Limited (‘MCT’) will be placed in trading halt at the request of MCT, pending it releasing an announcement regarding a capital raising. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Tuesday, 28 April 2020 or when the announcement is released to the market.

Issued by

Vanessa Nevjestic

Adviser, Listings Compliance (Perth)

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

22 April 2020 ASX Limited

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Metalicity Limited Level 3, 30 Richardson Street West Perth WA 6005 Ph: + 61 8 6500 0202 Email: [email protected] Web: www.metalicity.com.au

ASX Code: MCT

22 April 2020

Vanessa Nevjestic Adviser, Listings Compliance (Perth) ASX Compliance Pty Ltd Level 40, Central Park, 152-158 St Georges Terrace Perth WA 6000

By Email: [email protected]; [email protected]

Dear ASX

REQUEST FOR TWO CONSECUTIVE BACK-TO-BACK TRADING HALTS:

METALICITY LTD (ASX CODE: MCT) TO FACILITATE CAPITAL RAISING

In accordance with Listing Rule 17.1, the Company requests a trading halt in respect of its securities, to take effect immediately.

The Company is seeking the trading halt pending an announcement to the market regarding a capital raising.

In accordance with ASX Listing Update dated 31 March 2020, the Company requests two consecutive two day back-to-back trading halts to remain in place until the earlier of such time as it makes an announcement to the market in relation to the capital raising or the commencement of trading on Tuesday 28 April 2020.

We confirm the Company is in compliance with LR3.1 and are not aware of any reason why the Company’s request should not be granted.

Yours sincerely,

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Neil Hackett

Company Secretary

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