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IONDRIVE LIMITED Capital/Financing Update 2018

Oct 9, 2018

65132_rns_2018-10-09_c43e5403-a359-4c0f-9092-e9e2758254fc.pdf

Capital/Financing Update

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Market Announcement

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10 October 2018

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Southern Gold Limited (ASX: SAU) – Trading Halt

Description

The securities of Southern Gold Limited (‘SAU’) will be placed in trading halt at the request of SAU, 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 Friday, 12 October 2018 or when the announcement is released to the market.

Issued by

Belinda Chiu

Senior Adviser, Listings Compliance (Sydney)

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

10 October 2018 ASX Limited

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10 October 2018

The Manager Company Announcements Office ASX Limited

TRADING HALT REQUEST

Southern Gold Limited (ASX:SAU) requests a trading halt be put on its securities immediately, pending an announcement in relation to a capital raising to the market.

Southern Gold Limited can see know reason why a trading halt should not be put on its securities.

The trading halt is expected to be lifted by no later than before commencement of trading on Friday, 12 October 2018 following an announcement of the capital raising.

Yours faithfully

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Dan Hill Company Secretary