LIBERTY METALS LTD — Capital/Financing Update 2021

Aug 5, 2021

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Traka Resources Limited

ABN: 63 103 323 173

6 August 2021

Company Announcements Office ASX Limited Level 4, 20 Bridge Street SYDNEY NSW 2000

Results of Share Purchase Plan

Traka Resources Limited (Traka or the Company) is pleased to announce the conclusion and outcome of its Share Purchase Plan (SPP), announced to ASX on 6 July 2021 and the subject of an Appendix 3B lodged with ASX on the same date.

Applications for a total of 44,214,255 shares were received at 1.4 cents per share to raise a total of $619,000 . The SPP complemented the Company’s recent placement to sophisticated and institutional investors, which raised a further $1,000,000 (before costs).

The SPP shares will be issued to applicants by Tuesday, 10 August 2021, followed by the dispatch of holding statements and quotation on the ASX by Wednesday, 11 August 2021.

Traka Resources Managing Director Patrick Verbeek said: “On behalf of the Board, I would like to thank shareholders for their support as part of this important capital raising. Together with the recently completed $1 million placement, the Company is now well-funded to progress exploration activities at our highly prospective Mt Cattlin Gold-Copper Project in WA, where a 6-8,000m RC and diamond drilling program is set to commence later this month”.

“This drilling will test for extensions of the high-grade gold resources we have delineated across a number of prospects while also evaluating the potential for a large-scale intrusive-related porphyry copper-gold system. This is an exciting time for the Company as we embark on what is potentially going to be the most important exploration campaign at Mt Cattlin in its history.”

Authorised by the Board

Patrick Verbeek Managing Director

Level 1, 43 Ventnor Avenue, West Perth, Western Australia 6005 PO Box 601, West Perth, Western Australia, 6872 Tel: +61 8 9322 1655 Fax: +61 8 9322 9144