GREAT WESTERN EXPLORATION LIMITED. — Capital/Financing Update 2021

Feb 8, 2021

Market Announcement

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9 February 2021

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Great Western Exploration Limited (ASX: GTE) – Trading Halt

Description

The securities of Great Western Exploration Limited (‘GTE’) will be placed in trading halt at the request of GTE, 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 Thursday, 11 February 2021 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

9 February 2021 ASX Limited

9 February 2021

Mr James Rowe ASX Limited Level 40 Central Park 152-158 St Georges Terrace PERTH WA 6000

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Email: tradinghaltsperth@asx.com.au

Dear James,

REQUEST FOR TRADING HALT

In accordance with ASX Listing Rule 17.1, Great Western Exploration Limited (ASX Code: GTE) requests that an immediate trading halt be put on its securities pending the release of an announcement to the market regarding a fund raising.

Great Western Exploration Limited is seeking the trading halt to assist in managing its disclosure obligations in relation to the fund raising and maintaining an orderly market in the trading of its quoted securities, and to ensure that trading does not take place in an uninformed market.

Great Western Exploration Limited requests that the trading halt end on the earlier of the commencement of trading on Thursday 11 February 2021 or when the anticipated announcement regarding a fund raising is released to the market.

Great Western Exploration Limited is not aware of any reason why a trading halt should not be granted, nor of any other information necessary to inform the market about the trading halt.

Prior to the commencement of trading in its securities, Great Western Exploration Limited expects to make an announcement regarding a fund raising.

Yours faithfully

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Tony Walsh Company Secretary Great Western Exploration Limited

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GREAT WESTERN EXPLORATION LIMITED (ASX:GTE) Level 2, 160 St Georges Terrace, Perth WA P + 61 8 6311 2852 F +61 8 6313 3997 W greatwestern.net.au ABN 53 123 631 470

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