AUSQUEST LIMITED — Capital/Financing Update 2021

Feb 16, 2021

Market Announcement

==> picture [33 x 50] intentionally omitted <==

17 February 2021

==> picture [451 x 5] intentionally omitted <==

AusQuest Limited (ASX: AQD) – Trading Halt

Description

The securities of AusQuest Limited (‘AQD’) will be placed in trading halt at the request of AQD, 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, 19 February 2021 or when the announcement is released to the market.

Issued by

Madeleine Green

Senior Adviser, Listings Compliance (Perth)

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

17 February 2021 ASX Limited

17 February 2021

==> picture [114 x 116] intentionally omitted <==

Australian Securities Exchange Level 40, Central Park 152-158 St Georges Terrace PERTH WA 6000

By e-mail to: - tradinghaltsperth@asx.com.au

REQUEST FOR TRADING HALT

In accordance with Listing Rule 17.1, AusQuest Limited (AQD or the Company) requests a trading halt to the quotation of the Company’s securities pending an announcement with regards to a proposed capital raising.

The following information is provided in relation to this request:

1. AQD expects the trading halt to last until an announcement is made which will be no later than before commencement of trading on Friday 19 February 2021.

2. AQD is not aware of any reason why the trading halt should not be granted by the ASX.

3. AQD is not aware of any other relevant information in relation to this request.

Yours sincerely

Henko Vos Company Secretary

AusQuest Limited 8 Kearns Crescent Ardross WA 6153 (T): 08 9364 3866 (F): 08 9364 4892 www.ausquest.com.au