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GOLDARC RESOURCES LIMITED Capital/Financing Update 2020

May 13, 2020

64961_rns_2020-05-13_1720683e-0870-4e60-ab88-f708e5b6a101.pdf

Capital/Financing Update

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Market Announcement

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14 May 2020

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Torian Resources Limited (ASX: TNR) – Trading Halt

Description

The securities of Torian Resources Limited (‘TNR’) will be placed in trading halt at the request of TNR, 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 Monday, 18 May 2020 or when the announcement is released to the market.

Issued by

Sean Maloney

Adviser, Listings Compliance (Perth)

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

14 May 2020 ASX Limited

ASX / MEDIA ANNOUNCEMENT

14 May 2020

ABN: 72 002 261 565

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ASX Compliance Pty Ltd Level 40, Central Park 152-158 St Georges Tce Perth WA 6000

Request for Trading Halt

Torian Resources Limited ( Company ) hereby requests a trading halt pending release of an announcement regarding a material capital raising.

The trading halt is requested until the earlier of the release of the announcement or prior to the commencement of trading on Monday, 18 May 2020.

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

Yours faithfully,

Matthew Foy

Company Secretary

[email protected]

E : [email protected] Directors W : www.torianresources.com.au PO Box 191 West Perth WA 6872

104 Colin Street West Perth WA 6005 T : +61 8 9420 8208 F : +61 8 9322 4130

Louie Simens, Chairman Paul Summers, Executive Director Peretz Schapiro, Non-Exec Director Matthew Foy, Company Secretary