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RED METAL LIMITED Capital/Financing Update 2017

Oct 29, 2017

65674_rns_2017-10-29_b5e49164-3df3-4a14-89b3-310204d59f92.pdf

Capital/Financing Update

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MARKET RELEASE

30 October 2017

Red Metal Limited

TRADING HALT

The securities of Red Metal 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, 1 November 2017 or when the announcement is released to the market.

Security Code: RDM

Stephanie So

Senior Adviser, Listings Compliance (SYDNEY)

20 Bridge Street www.asx.com.au Sydney NSW 2000 Customer service 13 12 79

ASX Compliance Pty Limited ABN 26 087 780 489

Level 15, 323 Castlereagh Street , Sydney NSW 2000 Phone [61-2] 9281 1805 Fax [61-2] 9281 5747

ACN 103 367 684

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30 October 2017

Ms Stephanie So ASX Limited 20 Bridge Street Sydney NSW 2000

By Email: [email protected]; [email protected]

Dear Ms So

TRADING HALT

Red Metal Limited (ASX: RDM, “the Company”) seeks a trading halt to the quotation of its securities for the period up to the commencement of trading on Wednesday, 1 November 2017, or the earlier release of an announcement to ASX regarding a capital raising.

The Company expects to be in a position to make an announcement before commencement of trading on Wednesday, 1 November 2017 and is not aware of any reason why a trading halt should not be granted.

Yours faithfully

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Robert Rutherford Managing Director