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IONIC RARE EARTHS LIMITED Capital/Financing Update 2024

Apr 22, 2024

65151_rns_2024-04-22_39baadbe-ab1c-4a99-bd6e-a4c813a26eb0.pdf

Capital/Financing Update

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Market Announcement

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23 April 2024

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Ionic Rare Earths Limited (ASX: IXR) – Trading Halt

Description

The securities of Ionic Rare Earths Limited (‘IXR’) will be placed in trading halt at the request of IXR, 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, 26 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

23 April 2024 ASX Limited

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23 April 2024

ASX Limited

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Level 40, Central Park

152-158 St. George’s Terrace PERTH WA 6000

By Email : [email protected]

With copies to Sam Dorland and Rana Kurban by email: [email protected]; [email protected]

To whom it may concern,

Request for Trading Halt

In accordance with Listing Rule 17.1, Ionic Rare Earths Limited (ASX: IXR) (the “Company”) requests an immediate trading halt in respect of its securities pending an announcement by the Company regarding a proposed capital raising.

The trading halt is necessary to enable the Company to finalise details of the proposed capital raising.

The Company requests the trading halt remain in place until the earlier of commencement of normal trading on Friday, 26 April 2024 or when an announcement concerning the proposed capital raising is released to the market.

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

There is no other information necessary to inform the market about the trading halt.

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

Yours faithfully

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Mark Licciardo Company Secretary

Ionic Rare Earths Limited Level 5 South 459 Collins Street Melbourne Vic 3000 Australia

Phone: +61 3 9776 3434 Email: [email protected] Web: www.ionicre.com ACN: 083 646 477

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