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DREADNOUGHT RESOURCES LTD Capital/Financing Update 2020

May 14, 2020

64785_rns_2020-05-14_fd16d96b-b973-4a5f-9a78-366be8974b4a.pdf

Capital/Financing Update

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Market Announcement

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15 May 2020

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Dreadnought Resources Ltd (ASX: DRE) – Trading Halt

Description

The securities of Dreadnought Resources Ltd (‘DRE’) will be placed in trading halt at the request of DRE, 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 Tuesday, 19 May 2020 or when the announcement is released to the market.

Issued by

Alex Sutton

Compliance Adviser, Geology, Listings Compliance (Sydney)

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

15 May 2020 ASX Limited

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15 May 2020 The Manager Australian Securities Exchange Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2000

By email: [email protected]

Dear Manager,

REQUEST FOR TRADING HALT: DRE

The Directors of Dreadnought Resources Limited request ASX grants an immediate trading halt to the Company’s securities, ASX code: DRE, pending the pending the announcement of a capital raising.

The Company requests that the trading halt remains in place until the earlier of the commencement of trading on Tuesday, 19 May 2020 or the announcement to the market in relation to this matter.

The Directors confirm that there is no reason as to why this should not be granted by ASX.

Yours Faithfully,

Nick Day

Company Secretary

Dreadnought Resources Limited Suite 5, 16 Nicholson Road, Subiaco WA 6008 PO Box 572, Floreat WA 6014

www.dreadnoughtresources.com.au

[email protected]

+61 (0) 428 824 343