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KING RIVER RESOURCES LIMITED Capital/Financing Update 2011

Feb 8, 2011

65203_rns_2011-02-08_23d2b7a4-0335-4b5e-9e1a-54696fe012f4.pdf

Capital/Financing Update

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MARKET RELEASE

9 February 2011

Speewah Metals Limited

TRADING HALT

The securities of Speewah Metals Limited (the "Company") will be placed in pre-open at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Friday 11 February 2011 or when the announcement is released to the market.

Security Code: SPM

naven m. 4

Elizabeth Harris Senior Adviser, Listings (Perth)

9 February 2011

The Companies Manager Australian Stock Exchange Level 8 Exchange Plaza 2 The Esplanade Perth WA 6000

REQUEST FOR TRADING HALT

Speewah Metals Limited (ASX: SPM) requests a trading halt to enable the completion of a placement to international institutions at 37 cents.

The Company expects to complete the placement prior to the commencement of trading on Monday, 14 February 2011.

Trading halt to cease upon the release of further details of placement to the market.

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

Rubler

Richard Wolanski Director

ABN 67100 714 181

Lovol 22, Allendale Square 77 St Georges Terrace Perth, WA 6000

PO Box 25518. Perth WA 6831

PHONE +61 (0)8 9221 8055 FAX +61 (0)8 9325 8088 wee www.speewah.com.au