HAWSONS IRON LTD — Capital/Financing Update 2024

Apr 21, 2024

Market Announcement

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22 April 2024

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Hawsons Iron Ltd (ASX: HIO) – Trading Halt

Description

The securities of Hawsons Iron Ltd (‘HIO’) will be placed in trading halt at the request of HIO, 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 Wednesday, 24 April 2024 or when the announcement is released to the market.

Issued by

ASX Compliance

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

22 April 2024 ASX Limited

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22 April 2024

Mr Justin Nelson Adviser, Listings Compliance ASX Compliance Pty Limited 20 Bridge Street, Sydney NSW 2000

By Email: tradinghaltssydney@asx.com.au

HAWSONS IRON LIMITED – REQUEST FOR TRADING HALT

Pursuant to ASX Listing Rule 17.1 Hawsons Iron Limited (ASX: HIO) (“the Company“ or “Hawsons”) requests that ASX grant a trading halt of its securities with immediate effect, from prior to commencement of trading Monday, 22 April 2024 pending the release of an announcement with regard to a proposed capital raising.

In accordance with Listing Rule 17.1 the Company provides the following information:

• a) The trading halt is requested to assist the Company in managing its continuous disclosure obligations pending an announcement to the ASX in relation to a proposed capital raising.

• b) The Company requests that the trading halt remain in place until the earlier of:

  • i. the commencement of normal trading on the ASX on Wednesday, 24 April 2024; or

  • ii. the release of an announcement by Hawsons to the ASX in relation to the proposed capital raising.

• c) Hawsons is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt.

Yours sincerely Hawson Iron Limited

Michael Harvey Company Secretary