MARVEL GOLD LIMITED — Capital/Financing Update 2017

Jul 19, 2017

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MARKET RELEASE

20 July 2017

GRAPHEX MINING LIMITED

TRADING HALT

The securities of Graphex Mining 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, 24 July 2017 or when the announcement is released to the market.

Security Code: GPX

Dale Allen Senior Adviser, Listings Compliance (Perth)

ASX Compliance Pty Limited ABN 26 087 780 489

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

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

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20 July 2017

Ms Hayley Pratt Adviser Australian Securities Exchange Level 8 2 The Esplanade Perth WA 6000

Dear Ms Pratt

REQUEST FOR TRADING HALT

Graphex Mining Limited (ASX: GPX), (the “ Company ”) requests a trading halt in the trading of the Company’s securities, effective immediately.

In accordance with Listing Rule 17.1, the Company provides the following information in connection with this request:

• A trading halt is necessary as the Company expects to shortly make an announcement to the ASX, providing further information on a proposed capital raising;

• The Company requests that the trading halt remains in place until the earlier of the commencement of normal trading on Monday, 24 July 2017 or an announcement in relation to a proposed capital raising;

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

• The Company is not aware of any further information necessary to inform the market of the trading halt.

Yours sincerely,

STUART McKENZIE

Company Secretary