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GBM RESOURCES LIMITED. Capital/Financing Update 2020

Oct 13, 2020

64966_rns_2020-10-13_6f00229c-86ff-4601-86be-95257018d550.pdf

Capital/Financing Update

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Market Announcement

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14 October 2020

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GBM Resources Limited (ASX: GBZ) – Trading Halt (2+2)

Description

The securities of GBM Resources Limited (‘GBZ’) will be placed in trading halt at the request of GBZ, pending it releasing an announcement regarding a capital raising. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Tuesday, 20 October 2020 or when the announcement is released to the market.

Issued by

Sandra Wutete

Senior Adviser, Listings Compliance (Perth)

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

14 October 2020 ASX Limited

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Suite 8, 7 The Esplanade, Mt Pleasant, WA 6153

E [email protected] P +61 (8) 9316 9100 F +61 (8) 9315 5475 www.gbmr.com.au ABN 91 124 752 745

ASX Announcement

14 October 2020

ASX Limited Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000

Attention: Wade Baggott

[email protected]

Dear Wade

Request for Back to Back Trading Halts – GBM Resources Limited (GBZ)

In accordance with Listing Rule 17.1 and the Class Waiver under Listing Rule 18.1, GBM Resources Limited (“GBM”) requests that an immediate trading halt be placed on its securities pending the release of an announcement regarding a proposed capital raising and a proposed project acquisition that is material to the Company.

GBM anticipates that the back to back trading halts will be lifted on or before market open on Tuesday 20 October 2020 by provision of an announcement to ASX regarding the capital raising and project acquisition.

GBM is not aware of any reason why the back to back trading halt should not be granted, nor of any other information relevant to this request.

This trading halt request has been approved by the Board of GBM Resources Limited.

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Kevin Hart

Company Secretary

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