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EQ RESOURCES LIMITED Capital/Financing Update 2007

Jun 6, 2007

64867_rns_2007-06-06_4e7eacb6-e9f8-4094-a2eb-37960ed516c8.pdf

Capital/Financing Update

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7 June 2007

Icon Resources Ltd

TRADING HALT

The securities of Icon Resources Ltd (the "Company") will be placed in pre-open at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Tuesday, 12 June 2007 or when the announcement is released to the market.

Security Code:

$\mathbf{III}$

Vi Bui Adviser, Issuers (Sydney)

Icon Resources Ltd ABN: 77 115 009 106 Suite 404, 25 Lime Street Sydney NSW 2000 Tel: +61 2 9279 1252 Fax: +61 2 9279 2727

$\frac{1}{4}$

ł.

7 June 2007

Ms V Bui Adviser Issuers Department Australian Securities Exchange Limited

Dear Vi

Request for Trading Halt

I refer to our telephone conversation and hereby apply for a trading halt on the Company's traded securities under Listing Rule 17.1 for a period of up to two days pending an announcement to the market concerning a capital raising. The Company expects to make an announcement concerning the capital raising by Friday 8 June 2007 to end the trading halt. The Company is not aware of any reason why the trading halt should not be granted.

Yours sincerely Icon Resources Ltd

Robert J Waring Company Secretary