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GEOPACIFIC RESOURCES LTD Capital/Financing Update 2010

Jun 20, 2010

65008_rns_2010-06-20_f8eabbd1-9b47-432a-8ff9-bd6f915995f0.pdf

Capital/Financing Update

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MARKET RELEASE

21 June 2010

GEOPACIFIC RESOURCES NL

TRADING HALT

The securities of Geopacific Resources NL (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 Wednesday, 23 June 2010 or when the announcement is released to the market.

Security Code: GPR

Suzanna Dabski Adviser, Issuers (Sydney)

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21 June 2010

The Company Announcements Office Australian Stock Exchange Limited Exchange Centre, Level 6, 20 Bridge Street SYDNEY NSW 2000

Attn: Suzanna Dabski

Request for Trading Halt in Geopacific Resources NL Securities

The Company requests a trading halt in its securities (GPR).

The Company is in the process of raising funds through a share placement. While these discussions and transactions are proceeding, the Company believes that, in the absence of a trading halt, the market may trade on an uninformed basis.

It is expected that an announcement to end the trading halt will be made before the market opens on Wednesday 23 June 2010.

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

Yours faithfully

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Ian J Pringle (Managing Director)

Further Information

For further information please contact Ian Pringle, Managing Director, on (02) 9699 7311 or [email protected]. An overview of Geopacific Resources NL can be viewed at www.geopacific.com.au.

Geopacific Resources NL ACN 003 208 393

[email protected] www.geopacific.com.au

Australia – Sydney 556 Crown St (PO Box 477) Surry Hills NSW 2010 AUSTRALIA

T +61 2 9699 7311 F +61 2 9699 7322

Fiji – Nadi PO Box 9975 Nadi Airport Nadi FIJI

Geopacific Resources NL 21 June 2010 ASX Announcement

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T +679 6 720 166 F +679 6 720 206