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EMERALD RESOURCES NL Capital/Financing Update 2022

Jan 9, 2022

64849_rns_2022-01-09_38d411c5-9038-45f4-99ec-e5fe787b3307.pdf

Capital/Financing Update

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Market Announcement

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10 January 2022

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Emerald Resources NL (ASX: EMR) – Trading Halt

Description

The securities of Emerald Resources NL (‘EMR’) will be placed in trading halt at the request of EMR, 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, 12 January 2022 or when the announcement is released to the market.

Issued by

Stephanie Patchell

Adviser, Listings Compliance (Perth)

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

10 January 2022 ASX Limited

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10 January 2022

Raj Logarajah ASX Compliance Pty Ltd Level 40, Central Park, 152-158 St Georges Terrace PERTH WA 6000

Dear Raj,

REQUEST FOR TRADING HALT

Emerald Resources NL (ASX: EMR) (‘Emerald’) requests that a trading halt be placed on the Company's securities effective immediately pending the release of an announcement regarding the application made by Hongkong Xinhe International Investment Company Limited to the Takeovers Panel in relation to the recommended takeover offer for Bullseye Mining Limited.

The Company requests the securities remain in a trading halt until the earlier of the announcement to the market or the commencement of trade on 12 January 2022.

The Company is not aware of any reason why the trading halt should not be granted.

Yours sincerely,

Mark Clements Company Secretary

Emerald Resources NL ACN 009 795 046 1110 Hay Street, WEST PERTH, WA, AUSTRALIA, 6005 PO Box 1408 West Perth WA 6872 T: +61 8 9286 6300 F: +61 8 6243 0032 E:[email protected]