BRIGHTSTAR RESOURCES LIMITED — Capital/Financing Update 2020

Mar 15, 2020

Market Announcement

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16 March 2020

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Stone Resources Australia Limited (ASX: SHK) – Trading Halt

Description

The securities of Stone Resources Australia Limited (‘SHK’) will be placed in trading halt at the request of SHK, 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 Thursday, 19 March 2020 or when the announcement is released to the market.

Issued by

Dale Allen

Principal Adviser, Listings Compliance (Perth)

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

16 March 2020 ASX Limited

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**STONE

RESOURCES
AUSTRALIA
LIMITED**

16
March
2020

ASX
Limited ABN
98008624691 Level
40
Central
Park 152
–
158
St
Georges
Terrace Perth
WA
6000

Attention:
Mr.
Dale
Allen

Via
Email:
tradinghaltsperth@asx.com.au

Dear
Sir,

**Request

for
trading
halt**

Pursuant
to
ASX
Listing
Rule
17.1,
Stone
Resources
Australia
Limited
(ASX:
SHK) （the “Company”）
requests
a
trading
halt
to
its
securities
with
immediate
effect
pending
the release
of
an
announcement
to
the
market
regarding
a
debt
and
equity
restructuring transaction.

In
accordance
with
Listing
Rule
17.1:

• (a) the
  Company
  requests
  a
  trading
  halt
  to
  facilitate
  an
  orderly
  market
  in
  the
  Company’s securities
  pending
  an
  anticipated
  announcement
  by
  the
  Company
  regarding
  a
  debt
  and equity
  restructuring
  transaction;

• (b) the
  Company
  wishes
  the
  trading
  halt
  to
  remain
  in
  place
  until
  the
  earlier
  of
  such
  time that
  it
  makes
  an
  announcement,
  or
  the
  commencement
  of
  trading
  on
  19
  March
  2020; and

• (c) the
  Company
  is
  not
  aware
  of
  any
  reason
  why
  the
  trading
  halt
  should
  not
  be
  granted,
  nor of
  any
  information
  necessary
  to
  inform
  the
  market
  or
  ASX
  about
  the
  trading
  halt.

Yours
sincerely,

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William
Hobba Non-­‐Executive
Director

3/25 Belgravia Street Belmont WA 6104 Telephone (618) 9277 6008: Facsimile (618) 9277 6002: ASX Code SHK Email info@stoneral.com.au website: www. stoneral.com.au ABN 44 100 727 491: ASX Code SHK : Member of AMEC