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KGL RESOURCES LIMITED Capital/Financing Update 2021

Feb 17, 2021

65179_rns_2021-02-17_767fac25-6364-4ff4-b70a-92818f9f19cf.pdf

Capital/Financing Update

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Market Announcement

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18 February 2021

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KGL Resources Limited (ASX: KGL) – Trading Halt

Description

The securities of KGL Resources Limited (‘KGL’) will be placed in trading halt at the request of KGL, 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 Monday, 22 February 2021 or when the announcement is released to the market.

Issued by

Alex Sutton

Compliance Adviser, Geology, Listings Compliance (Sydney)

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

18 February 2021 ASX Limited

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www.kglresources.com.au

18 February 2021

To:

ASX Limited Attn: Alex Sutton

Delivered by email: [email protected]

Dear Mr Sutton,

KGL Resources Ltd – Request for trading halt

KGL Resources Ltd ( Company ) (ASX:KGL) requests that ASX grant an immediate trading halt of its securities pending an announcement regarding a proposed equity raising.

The Company requests that the trading halt apply from the commencement of trading on Thursday, 18 February 2021 and continue until the commencement of trading on Monday, 22 February 2021.

Under ASX Listing Rule 17.1, the Company confirms that it 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 faithfully

Kylie Anderson Company Secretary KGL Resources Ltd