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IONIC RARE EARTHS LIMITED Capital/Financing Update 2013

Dec 19, 2013

65151_rns_2013-12-19_7dd29cc2-c293-4ce3-be93-d9059df5d019.pdf

Capital/Financing Update

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MARKET RELEASE

20 December 2013

Oro Verde Limited

TRADING HALT

The securities of Oro Verde 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 Tuesday, 24 December 2013 or when the announcement is released to the market.

Security Code: OVL

Dale Allen Adviser, Listings Compliance (Perth)

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20 December 2013

Mr D Allen Australian Securities Exchange Limited Exchange Plaza, 2 The Esplanade PERTH WA 6000

By Facsimile: (08) 9221 2020 By Email: [email protected]

Dear Sir,

Request for Trading Halt

Oro Verde Limited (ASX: OVL) requests an immediate trading halt on its securities pending an announcement by the Company regarding a capital raising.

The Company requests the trading halt be lifted on the earlier of commencement of normal trading on Tuesday 24[th] December 2013, or when the anticipated announcement is released to the market.

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

Please contact me if you have any queries in relation to this request.

Yours faithfully,

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Brett Dickson Company Secretary

Oro Verde Limited (ABN 84 083 646 477) Level 1, 30 Richardson Street, West Perth, WA 6005 PO Box 493, West Perth, WA 6872 Telephone: + 61 8 9481 2555

www.oroverde.com.au