CORE LITHIUM LTD — Capital/Financing Update 2016

Oct 4, 2016

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MARKET RELEASE

5 October 2016

Core Exploration Limited

TRADING HALT

The securities of Core Exploration 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 Friday, 7 October 2016 or when the announcement is released to the market.

Security Code: CXO

Joshua Strutt

ADVISER, LISTINGS COMPLIANCE

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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5[th] October 2016

Mr Joshua Strutt

ASX Compliance Pty Ltd 20 Bridge Street Sydney NSW 2000

Dear Joshua

Core Exploration Ltd – Request for Trading Halt

Core Exploration Ltd ( Core ) (ASX: CXO and CXOOA) requests a trading halt to be placed on its securities immediately.

In accordance with ASX Listing Rule 17.1, the Company advises that:

• (a) the trading halt is requested pending the release of an announcement in relation to capital raising;

• (b) the Company requests that securities remain in trading halt until the earlier of the announcement to the market or the commencement of trade on Friday 7 October 2016; and

• (c) the Company is not aware of any reasons why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt.

Yours faithfully

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Jaroslaw (Jarek) Kopias Company Secretary Core Exploration Ltd

A 26 Gray Court, Adelaide SA 5000 | T (08) 7324 2987 | E info@coreexploration.com.au

www.coreexploration.com.au