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CAPRICORN METALS LTD Capital/Financing Update 2017

Nov 27, 2017

64670_rns_2017-11-27_2a8783fb-2ccb-4630-9d5f-5678ddacc3f5.pdf

Capital/Financing Update

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MARKET RELEASE

28 November 2017

Capricorn Metals Limited

TRADING HALT

The securities of Capricorn Metals 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 Thursday 30 November 2017 or when the announcement is released to the market.

Security Code: CMM

Anjuli Sinniah

SENIOR 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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28 November 2017

Australian Securities Exchange Level 40, Central Park 152-158 St George's Terrace Perth WA 6000

Attention: Trading Halts Perth By email: [email protected]

Copy: Sebastian Bednarczyk, Issuers Adviser By email: [email protected]

Dear Sir

REQUEST FOR TRADING HALT

Capricorn Metals Ltd (“Capricorn”) requests a Trading Halt pursuant to ASX Listing Rule 17.1, pending the release of an announcement in relation to a capital raising.

The trading halt will end no later than the commencement of trading on Thursday 30 November 2017.

Capricorn is not aware of any reasons why the trading halt should not be granted.

Yours sincerely Capricorn Metals Ltd

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Natasha Santi Company Secretary

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