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RAREX LIMITED Capital/Financing Update 2016

Apr 6, 2016

65681_rns_2016-04-06_e127a7a1-bb65-449f-925e-5dacc574ef4c.pdf

Capital/Financing Update

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MARKET RELEASE

7 April 2016

Clancy Exploration Limited

TRADING HALT

The securities of Clancy Exploration 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 11 April 2016 or when the announcement is released to the market.

Security Code: CLY

Jill Hewitt

SENIOR ADVISER, LISTINGS COMPLIANCE (PERTH)

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

www.asx.com.au Phone:08 9224 0000 Customer service 13 12 79

ASX Compliance Pty Limited ABN 26 087 780 489

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----- Start of picture text ----- Clancy Exploration Limited Phone: (02) 6361 12853 Corporation Place Fax: (02) 6361 1202Orange NSW 2800 www.clancyexploration.comAustralia [email protected]----- End of picture text -----

7 April 2016

Mr Mauro Piccini Companies Announcement Office Australian Securities Exchange Exchange Plaza 2 The Esplanade PERTH WA 6000

Via email: [email protected]

Dear Mr Piccini

REQUEST FOR TRADING HALT – CLANCY EXPLORATION LIMITED (“CLY”)

The Company hereby requests a halt in trading of its securities, effective immediately, pending an announcement regarding a significant capital raising.

We are not aware of any reason why the Company’s request should not be granted.

The trading halt will remain in place until not later than the commencement of trading on Monday, 11 April 2016.

Yours faithfully,

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ROWAN CAREN Company Secretary