HAWK RESOURCES LIMITED. — Capital/Financing Update 2020

May 27, 2020

Market Announcement

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28 May 2020

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Alderan Resources Limited (ASX: AL8) – Trading Halt (2+2)

Description

The securities of Alderan Resources Limited (‘AL8’) will be placed in trading halt at the request of AL8, 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 Wednesday, 3 June 2020 or when the announcement is released to the market.

Issued by

Isabelle Andrews

Senior Adviser, Listings Compliance (Perth)

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

28 May 2020 ASX Limited

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28 May 2020

Sean Maloney Adviser, Listings Compliance ASX Compliance Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000

REQUEST FOR TRADING HALT

Alderan Resources Limited (“Alderan” or “Company”) requests that the securities of the Company be placed into two consecutive trading halts of up to four trading days with immediate effect.

For the purposes of ASX Listing Rule 17.1 and in support of its request, the Company advises that:

1. The consecutive trading halts are requested for the purpose of considering, planning and executing a capital raising.

2. The Company requests that the consecutive trading halts remain in place until the earlier of the time it makes an announcement to the market regarding the proposed capital raising and the commencement of trading on Wednesday, 3 June 2020.

3. The Company is not aware of any reason why the two consecutive trading halts should not be granted or any other information necessary to inform the market.

Yours faithfully,

Brett Tucker Company Secretary P: +61 8 9482 0500

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