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EMPIRE RESOURCES LIMITED Capital/Financing Update 2012

Oct 30, 2012

64875_rns_2012-10-30_c982ed61-1c49-493f-bba4-edc3dbca3e0d.pdf

Capital/Financing Update

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MARKET RELEASE

31 October 2012

Empire Resources Limited

SUSPENSION FROM OFFICIAL QUOTATION

The securities of Empire Resources Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement.

Security Code: ERL

Jill Hewitt Senior Adviser Listings (Perth)

ACN 092 471 513

31 October 2012

ASX Limited Exchange Plaza 2 The Esplanade PERTH WA 6000

By Email:- [email protected] [email protected]

Dear Sebastian

VOLUNTARY TRADING SUSPENSION REQUEST

Empire Resources Limited requests that the current trading halt be extended into a voluntary suspension as the Company continues to work on finalising a capital raising. The Company is not yet in a position to provide full details to the market.

The Company will provide further details in relation to this as soon as possible, at which time a request will be made to the ASX to reinstate trading in the Company's shares. This is expected by the end of this week.

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

Yours sincerely

Simon Storm Company Secretary

PRINCIPAL AND REGISTERED OFFICE

53 Canning Highway Victoria Park WA 6100

Tel: +61 (0)8 9361-3100 Fax: +61 (0)8 9361-3184