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ASARA RESOURCES LIMITED Capital/Financing Update 2017

Jun 15, 2017

64427_rns_2017-06-15_98d0d8b2-0718-4fba-899a-e9525b230c0c.pdf

Capital/Financing Update

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MARKET RELEASE

16 June 2017

Golden Rim Resources Limited

TRADING HALT

The securities of Golden Rim Resources 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 Tuesday 20 June 2017 or when the announcement is released to the market.

Security Code: GMR

Anjuli Sinniah

ADVISER, LISTINGS COMPLIANCE (PERTH)

20 Bridge Street www.asx.com.au Sydney NSW 2000 Customer service 13 12 79

ASX Compliance Pty Limited ABN 26 087 780 489

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16 June 2017

The Manager ASX Compliance Pty Ltd Level 40, Central Park 152-158 St Georges Terrace PERTH WA 6000

By Email: [email protected]

Dear Sir/Madam

TRADING HALT REQUEST (ASX CODE: GMR)

We request the Australian Securities Exchange ( ASX ) grant a trading halt in respect to Golden Rim Resources Ltd’s securities listed on ASX prior to the market opening on Friday, 16 June 2017.

In accordance with Listing Rule 17.1, the Company provides the following information:

  • The Company is in the process of finalising arrangements for a capital raising.

  • The Company anticipates that the trading halt will end upon the earlier of the announcement with details of the capital raising and the commencement of trading on Tuesday, 20 June 2017.

  • The Company is not aware of any reason why the trading halt should not be granted by the ASX, or any other information available at this stage that is relevant to the trading halt.

Please contact us if you require further information.

Yours faithfully

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Hayley Butcher General Manager, Corporate & Company Secretary

Golden Rim Resources Ltd I ABN 39 006 710 774 I Office 7, Level 2, 609 Canterbury Road, Surrey Hills, VIC 3127, Australia www.goldenrim.com.au I [email protected] I T + 61 3 9836 4146