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Metals X Limited Capital/Financing Update 2012

Sep 2, 2012

10401_rns_2012-09-02_f77b5d31-c59a-46c3-beec-06979a76892c.pdf

Capital/Financing Update

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==> picture [595 x 98] intentionally omitted <==

3 September 2012

Australian Securities Exchange 2 The Esplanade Perth WA 6000

Attention: Ms Elizabeth Harris

Dear Elizabeth

METALS X LIMITED - REQUEST FOR TRADING HALT

Pursuant to Listing Rule 17.1, the Board of Directors hereby request that a trading halt be applied to Metals X Limited (MLX) securities, pending the release of an announcement in relation to a proposed transaction relating to our Wingellina Project.

It is expected that this announcement will be made before trading commences on Wednesday, 5 September 2012. It is requested that the trading halt last until the announcement is made.

We confirm that the Company is not aware of any reason that the trading halt should not be granted.

Yours faithfully Metals X Limited

Fiona Van Maanen Company Secretary

Level 3 Hyatt Centre, 123 Adelaide Terrace, East Perth WA 6004 GPO Box 2606 Perth WA 6001 Telephone: +61 8 9220 5700 Facsimile: +61 8 9220 5757 Email: [email protected] Web: www.metalsx.com.au