CAVALIER RESOURCES LIMITED — Capital/Financing Update 2026

Apr 20, 2026

ASX

Market Announcement

21 April 2026

Cavalier Resources Limited (ASX: CVR) – Trading Halt

Trading in the securities of Cavalier Resources Limited ('CVR') will be halted at the request of CVR, pending the release of an announcement by CVR.

Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of:

• the commencement of normal trading on Thursday, 23 April 2026; or
• the release of the announcement to the market.

CVR's request for a trading halt is attached below for the information of the market.

Issued by

ASX Compliance

21 April 2026

ASX Limited

Market Announcement 1/1

ASX Customer Service Centre 131 279 | asx.com.au

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CAVALIER RESOURCES LTD

ABN: 16 635 842 143

Registered Office:
Level 2, 22 Mount Street,
Perth 6000

PO Box 7054,
Cloisters Square, Perth 6000

T: +61 8 6188 8181
E: info@cavaliersources.com.au

21 April 2026

ASX Compliance Pty Limited
Level 40, Central Park
152-158 St. George's Terrace
Perth WA 6000

Attention: Mr Raj Logarajah
Principal Adviser, Listings Compliance

Via email to: tradinghaltsperth@asx.com.au

Dear Raj

TRADING HALT

Cavalier Resources Limited (ASX Code: CVR) requests that a trading halt be placed on its securities immediately pursuant to ASX Listing Rule 17.1 pending the release of an announcement to the market regarding a capital raising.

The trading halt will end no later than the commencement of trading on Thursday 23 April 2026.

Cavalier Resources Limited is not aware of any reason why the trading halt on the securities should not be granted, nor is there any other information necessary to inform the market about the trading halt.

Yours sincerely

Damon Cox
Company Secretary