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EASTERN RESOURCES LIMITED Capital/Financing Update 2017

Dec 19, 2017

64824_rns_2017-12-19_5798ccec-69b0-454b-ba84-09fa1a4974f8.pdf

Capital/Financing Update

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MARKET RELEASE

20 December 2017

Eastern Iron Limited

SUSPENSION FROM OFFICIAL QUOTATION

The securities of Eastern Iron Limited (the “Company”) will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement regarding a proposed acquisition and capital raising.

Security Code:

EFE

Andrew Kabega SENIOR ADVISER, LISTINGS COMPLIANCE (SYNDEY)

20 Bridge Street www.asx.com.au Sydney NSW 2000 Customer service 13 12 79

ASX Compliance Pty Limited ABN 26 087 780 489

20 December 2017

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Andrew Kabega Senior Adviser, Listings Compliance (Sydney) ASX Compliance Pty Ltd 20 Bridge Street Sydney NSW 2000

By email: [email protected]

Dear Andrew,

Voluntary Suspension Request

In accordance with Listing Rule 17.2, Eastern Iron Limited ( Company ) (ASX: EFE) requests voluntary suspension of its securities effective immediately, pending an announcement about a potential acquisition and capital raising.

The Company expects the suspension to last for up to three business days.

The Company expects to make an announcement to the market regarding the potential acquisition and capital raising on or before 22 December 2017. The making of this announcement is expected to end the period of voluntary suspension.

The Company is not aware of any reason why the voluntary suspension should not be granted.

Should you have any questions, please do not hesitate to contact me.

Yours sincerely

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Eddie King

Chairman

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