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QUANTUM GRAPHITE LIMITED Capital/Financing Update 2015

May 4, 2015

65646_rns_2015-05-04_0b2ab676-dfd1-4dd4-a18c-cfd13b1f999e.pdf

Capital/Financing Update

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MARKET RELEASE

5 May 2015

Valence Industries Limited

SUSPENSION FROM OFFICIAL QUOTATION

The securities of Valence Industries Limited (the “Company”) will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement regarding finalisation of its finance facilities and a capital raising.

Security Code: VXL VXLO

Belinda Mai

Adviser, Listings Compliance

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ASIA PACIFIC I EUROPE I NORTH AMERICA

5 May 2015

Ms Belinda Mai ASX Compliance Pty Ltd 20 Bridge Street Sydney NSW 2000

Dear Belinda

Valence Industries Ltd – Request for Suspension

The Directors of Valence Industries Ltd (Valence) (ASX: VXL and VXLO) hereby requests a voluntary suspension from quotation pending the release of an announcement in relation to finalising finance facilities and capital raising.

The Company Requests that that securities remain suspended until an announcement to the market regarding the transactions which is expected no later than before the commencement of trade on Thursday 7 May.

The Company is not aware of any reasons why the suspension should not be granted.

Yours faithfully,

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Jaroslaw (Jarek) Kopias Company Secretary Valence Industries Ltd

w w w . v a l e n c e i n d u s t r i e s . c o m 60 Hindmarsh Square I Adelaide I South Australia I 5000 I Australia p: +61 8 8215 6400 I e: [email protected] ABN 41 008 101 979