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AVIRA RESOURCES LTD Capital/Financing Update 2014

Dec 11, 2014

64473_rns_2014-12-11_44686dae-8d5b-4b9a-b1e7-f75816f1fbbb.pdf

Capital/Financing Update

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MARKET RELEASE

12 December 2014

MGT Resources Limited

TRADING HALT

The securities of MGT 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, 16 December 2014 or when the announcement is released to the market.

Security Code: MGS

Elvis Onyura Senior Adviser, Listings Compliance (Sydney)

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ABN: 38 131 715 645 MGT Resources Ltd. Suite 2.05B, Level 2, 68 York Street, Sydney NSW 2000, Australia

T: 61 2 9262 1122 F: 61 2 9299 5175

12 December 2014

Company Announcement Office ASX Limited 20 Bridge Street Sydney NSW 2000

Dear Mr Onuyra,

MGT Resources Limited requests a trading halt in accordance with Listing rule 17.1.

MGT Resources Limited is in the final stages of signing a material funding arrangement that will require regulatory and shareholder approval, which is likely be announced to the market in the next couple of days. The Company will make a further announcement, with details of the transaction, in due course.

MGT Resources Limited is not aware of any reason why the trading halt should not be granted.

Yours sincerely,

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Jacqueline Butler Company Secretary

[email protected] www.mgt.net.au