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Metals X Limited M&A Activity 2016

Apr 20, 2016

10401_rns_2016-04-20_9f33a99b-728e-4b6f-9f49-031bb546795f.pdf

M&A Activity

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MARKET RELEASE

21 April 2016

MetalsX Limited

TRADING HALT

The securities of MetalsX 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 Tuesday 26 April 2016 or when the announcement is released to the market.

Security Code: MLX

Elizabeth Harris

PRINCIPAL ADVISER, LISTINGS COMPLIANCE (PERTH)

Level 40 Central Park www.asx.com.au 152-158 St Georges Customer service 13 12 79 Terrace Perth WA 6000

Sender Phone 08 9224 0000 Sender Email elizabeth.harris @asx.com.au

ASX Compliance Pty Limited ABN 26 087 780 489

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Attention: Elizabeth Harris Level 40, Central Park 152-158 St George's Terrace Perth WA 6000

By email: [email protected]

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 the Company’s off-market takeover bid for all of the shares in Aditya Birla Minerals.

It is expected that this announcement will be made before trading commences on Tuesday 26 April 2016. 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.

Sincerely Metals X Limited

Fiona Van Maanen CFO & Company Secretary

Level 3, 18 - 32 Parliament Place, West Perth WA 6005 PO Box 1959 West Perth WA 6872 Telephone: +61 8 9220 5700 Facsimile: +61 8 9220 5757 Email: [email protected] Web: www.metalsx.com.au