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QX RESOURCES LIMITED Capital/Financing Update 2017

Dec 20, 2017

65654_rns_2017-12-20_90bbfb27-0c69-47de-b932-52056e435933.pdf

Capital/Financing Update

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MARKET RELEASE

21 December 2017

Black Mountain Resources Limited

TRADING HALT

The securities of Black Mountain Resources 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 Wednesday, 27 December 2017 or when the announcement is released to the market.

Security Code: BMZ

Dale Allen

Senior Adviser, Listings Compliance (Perth)

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21 December 2017

Company Announcements Australian Securities Exchange Level 40 Central Park 152 - 158 St Georges Terrace Perth WA 6000

Dear Sir/Madam

Request for Trading Halt

Pursuant to ASX Listing Rule 17.1, the Directors of Black Mountain Resources Limited (ASX: BMZ) (“the Company”) request an immediate trading halt in the securities of the Company pending release of an announcement regarding finalisation of a debt restructure with the Company’s major lenders.

This trading halt will be in place no later than open of trading on Wednesday, 27 December 2017.

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

By order of the Board

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Susan Hunter Company Secretary

Black Mountain Resources Limited ABN 55 147 106 974 www.blackmountainresources.com.au [email protected]

Level 2, 34 Colin Street West Perth WA 6005 Tel: +61 8 9321 7277