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HASTINGS TECHNOLOGY METALS LTD Capital/Financing Update 2014

Dec 2, 2014

65037_rns_2014-12-02_aeacbc12-ab9e-404f-bddb-cde2229b18e6.pdf

Capital/Financing Update

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MARKET RELEASE

3 December 2014

Hastings Rare Metals Limited

TRADING HALT

The securities of Hastings Rare Metals Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Monday 8 December 2014 or when the announcement is released to the market.

Security Code: HAS

Anjuli Sinniah Adviser, Listings Compliance (Perth)

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3 December 2014

Mr James Rowe Managers Listings ASX Compliance Pty Limited Level 40 Central Park 152-158 St George’s Terrace Perth WA 6000

Dear Mr Rowe

REQUEST FOR TRADING HALT

Pursuant to ASX Listing Rule 17.1, we request that the ASX grant a trading halt in the ordinary shares of Hastings Rare Metals Limited (“Hastings” or the “Company”) until the earlier of an announcement to the market concerning a capital raising or Monday 8 December 2014.

In accordance with listing rule 17.1 the company advises that:

  1. The trading halt is necessary as the Company expects to make an announcement to the market in relation to the capital raising outline above.

  2. The company wishes the trading halt to last until as such time it makes an announcement to the market concerning details of the capital raising or Monday 8 December 2014, whichever is the earlier.

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

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Guy Robertson

Company Secretary

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Address Suite 2508, Level 25, 31Market St, Sydney NSW 2000 Postal Address PO Box Q128 Queen Victoria Building NSW 1230 Telephone 02 8268 8689 Fax 02 8268 8699 Email [email protected] Website www.hastingsraremetals.com ABN 43 122 911 399