LCL RESOURCES LIMITED — Capital/Financing Update 2018

Feb 27, 2018

MARKET RELEASE

28 February 2018

Metminco Limited

TRADING HALT

The securities of Metminco 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 Friday, 2 March 2018 or when the announcement is released to the market.

Security Code: MNC

Cheng Tang SENIOR ADVISER, LISTINGS COMPLIANCE (MELBOURNE)

ASX Compliance Pty Limited ABN 26 087 780 489

20 Bridge Street Sydney NSW 2000

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

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28 February 2018

Cheng Tang Senior Adviser, Listings Compliance (Melbourne) ASX Compliance Pty Limited Level 4 North Tower 525 Collins Street Melbourne Vic 3000

Sent by email :- Cheng.Tang@asx.com.au

Dear Cheng

RE: REQUEST FOR TRADING HALT

Metminco Limited (ASX Code MNC) hereby requests a trading halt on its securities, effective from commencement of trading today and provides the following information in relation to ASX Listing Rule 17.1:-

• The Company expects to make an announcement to the market in relation to a capital raising;

• The Company requests the trading halt end on the earlier of the commencement of trading on 2 March 2018, or when the anticipated announcement referred to above is released to the market; and

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

The Company also wishes to advise that the meeting of shareholders to be held on 2 March 2018 has been cancelled at the request of Redfield Asset Management Pty Ltd. This follows from the companies executing an Agreement to Redeem in relation to their convertible notes. For further details please see announcement released earlier today.

Apart from the above the Company is not aware of any other information that is necessary to inform the market about the trading halt.

If you have any queries, please do not hesitate to contact me.

Yours sincerely

Metminco Limited Graeme Hogan Company Secretary

t (612) 9460 1856 Metminco Limited f (612) 9460 1857 ACN 119 759 349

Suite 401, Level 4,6 Help Street Chatswood NSW 2067 Australia