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KORAB RESOURCES LIMITED Capital/Financing Update 2013

Feb 18, 2013

65198_rns_2013-02-18_b6844c56-6791-4531-b960-de7479bd9b3e.pdf

Capital/Financing Update

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MARKET RELEASE

19 February 2013

Korab Resources Limited

SUSPENSION FROM OFFICIAL QUOTATION

The securities of Korab Resources Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement.

Security Code: KOR
KORO

Jill Hewitt Senior Adviser Listings Compliance(Perth)

Perth, 18 February 2013

Ms. Tonia Oliveira Senior Adviser, Listings Perth ASX Ltd Exchange Plaza Perth, WA 6000

Dear Tonia.

RE: REQUEST FOR A VOLUNTARY SUSPENSION

Korab Resources Limited (KOR or Company) requests a voluntary suspension of trading in Company's securities from commencement of trading on Tuesday, 19 February 2013 pending an announcement regarding the completion of the capital raising by way of a private placement. This announcement is expected to be made shortly.

Securities for which voluntary suspension of trading is sought: KOR, KORO.

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

The Company is in compliance with the Listing Rules.

Sincerely yours

Andrej K Karpinski, FAICD, FFin KORAB RESOURCES LIMITED EXECUTIVE CHAIRMAN

KORAB RESOURCES LIMITED KORAB HOUSE PO BOX Z5447 PERTH WA 6831 AUSTRALIA LEVEL 18, "CENTRAL PARK", 152-158 ST. GEORGE'S TERRACE, PERTH WA 6000 AUSTRALIA Tel (08) 9288 4467 Fax (08) 9288 4476 www.korabresources.com.au ACN 082 140 252