CATALYST METALS LIMITED — Capital/Financing Update 2020

Dec 15, 2020

Market Announcement

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

16 December 2020

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

Catalyst Metals Limited (ASX: CYL) – Trading Halt

Description

The securities of Catalyst Metals Limited (‘CYL’) will be placed in trading halt at the request of CYL, 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, 18 December 2020 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

16 December 2020 ASX Limited

==> picture [87 x 94] intentionally omitted <==

16 December 2020

Mr Simon Barcham ASX Limited Level 40 Central Park 152‐158 St. George’s Terrace PERTH WA 6000

Dear Simon

REQUEST FOR TRADING HALT

Pursuant to ASX Listing Rule 17.1, Catalyst Metals Limited (Company) requests a trading halt on its securities, effective immediately.

The trading halt is requested pending the release of an announcement regarding a material capital raising and project acquisition.

The trading halt is sought until the earlier of:

• the expiry of the period ending on the commencement of normal trading on the second trading day following the effective date of the trading halt, being 18 December 2020; or

• the release by the Company of an announcement regarding the capital raising and project acquisition.

The Company is not aware of any reason why the trading halt should not be granted.

Yours faithfully

FRANK CAMPAGNA Company Secretary

44 Kings Park Road, West Perth WA 6005 PO Box 778, Claremont WA 6910 Telephone: (61‐8) 6263 4423 Facsimile: (61‐8) 9284 5426 www.catalystmetals.com.au ABN 54 118 912 495