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LOYAL METALS LTD Capital/Financing Update 2023

Sep 12, 2023

65244_rns_2023-09-12_e1338acf-a83e-418d-b1d1-c2b0716b0a7c.pdf

Capital/Financing Update

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Market Announcement

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13 September 2023

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Loyal Lithium Limited (ASX: LLI) – Trading Halt

Description

The securities of Loyal Lithium Limited (‘LLI’) will be placed in trading halt at the request of LLI, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Friday, 15 September 2023 or when the announcement is released to the market.

Issued by

Nicholas Mountain

Adviser, Listings Compliance

Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au

13 September 2023 ASX Limited

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ASX Announcement | 13 September 2023

Mr Shane Falconer Listings Compliance Adviser Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000

By email: Shane Falconer [email protected] Cc: [email protected]

TRADING HALT REQUEST – ASX CODE LLI

Loyal Lithium Limited (ASX:LLI) ( Loyal Lithium , LLI , or the Company ) requests that its securities (ASX Code: LLI ) be placed in a trading halt under ASX Listings Rule 17.1, effective prior to the opening of the market on Wednesday 13 September 2023.

For the purposes of ASX Listing Rule 17.1, and in support of its request, LLI advises that:

  • a) The trading halt is requested pending an announcement regarding a proposed capital raise;

  • b) The Company requests that the trading halt continue until the earlier of the Company releasing an announcement in relation to the above or the commencement of trading on Friday 15 September 2023; and

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

This request has been authorised for provision to the ASX by the Board of Directors.

Please contact me if you require further information concerning this matter.

Yours sincerely

Ian Pamensky Company Secretary

For more information:

Adam Ritchie

Managing Director [email protected] +61 (0) 403 462 383

Jane Morgan

Investor & Media Relations [email protected] + 61 (0) 405 555 618

A: 5/10 Johnston St, Peppermint Grove WA, 6011

ASX Code: LLI ACN : 644 564 241 www.loyallithium.com

P: (08) 6245 2490 E: [email protected]

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About Loyal Lithium

Loyal Lithium Limited (ASX: LLI) is a well-structured listed resource exploration company with projects in Tier 1 North American mining jurisdictions in the Northwest Territories, Canada, James Bay Lithium District in Quebec, Canada and Nevada, USA. Through the systematic exploration of its projects, the Company aims to delineate JORC compliant resources, creating value for its shareholders.

A: 5/10 Johnston St, Peppermint Grove WA, 6011

ASX Code: LLI ACN : 644 564 241 www.loyallithium.com

P: (08) 6245 2490 E: [email protected]