DEVEX RESOURCES LIMITED — Capital/Financing Update 2020

Jul 5, 2020

Market Announcement

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6 July 2020

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Devex Resources Limited (ASX: DEV) – Trading Halt

Description

The securities of Devex Resources Limited (‘DEV’) will be placed in trading halt at the request of DEV, 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 Wednesday, 8 July 2020 or when the announcement is released to the market.

Issued by

Isabelle Andrews

Senior Adviser, Listings Compliance (Perth)

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

6 July 2020 ASX Limited

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6 July 2020

T: +61 (0) 8 9322 3990 F: +61 (0) 8 9322 5800 E: info@devexresources.com.au W: www.devexresources.com.au

The Manager Australian Securities Exchange 152-158 St Georges Terrace PERTH WA 6000

E: Tradinghaltsperth@asx.com.au Chris.Hesford@asx.com.au

REQUEST FOR TRADING HALT

Pursuant to ASX Listing Rule 17.1 DEVEX RESOURCES LIMITED ( ASX: DEV ) ( Company ) requests a trading halt of its securities from ASX with effect from commencement of trading on 6 July 2020.

In accordance with ASX Listing Rule 17.1, the Company provides the following information regarding this request:

1. The Company is requesting the trading halt as it expects to make an announcement to the ASX in connection with a capital raising.

2. The Company requests that the trading halt continue until the earlier of commencement of trading on 8 July 2020 being the second trading day after the trading halt commenced, or when the response referred to in paragraph 1 above is provided to ASX.

3. The Company is not aware of any reason why the trading halt should not be granted and is not aware of any other information necessary to inform the market about the trading halt.

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Kym Verheyen Company Secretary

DevEx Resources Limited ABN: 74 009 799 553

Level 2, 1292 Hay Street, West Perth WA 6005, Australia GPO Box 2890, Perth WA 6001