KORAB RESOURCES LIMITED — Capital/Financing Update 2018

Apr 11, 2018

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MARKET RELEASE

12 April 2018

Korab Resources Limited

TRADING HALT

The securities of Korab Resources 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 Monday 16 April 2018 or when the announcement is released to the market.

Security Code: KOR

Dawn James Adviser, Listings Compliance (Perth)

Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000

ASX Compliance Pty Limited ABN 26 087 780 489

www.asx.com.au Customer service 13 12 79

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West Perth, 12 April 2018

Trading Halts ASX Ltd Exchange Plaza Perth, WA 6000

Dear Madam/Sir,

RE: REQUEST FOR TRADING HALT

Korab Resources Limited (KOR or Company) requests an immediate trading halt in its securities pending an announcement regarding a capital rising.

This announcement is expected to be made as soon as possible but no later than commencement of trading on Monday, 16 April 2018.

The Company is not aware of any reason why the trading halt 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

20 PROWSE STREET, WEST PERTH, 6005, WESTERN AUSTRALIA PO BOX 1958, WEST PERTH, WA, 6872, AUSTRALIA, Tel (08) 9474 6166 Fax (08) 9322 6333 www.korabresources.com.au ACN 082 140 252