SCHOOLBLAZER LIMITED — Capital/Financing Update 2021

Mar 17, 2021

Market Announcement

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18 March 2021

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HGL Limited (ASX: HNG) – Trading Halt

Description

The securities of HGL Limited (‘HNG’) will be placed in trading halt at the request of HNG, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Monday, 22 March 2021 or when the announcement is released to the market.

Issued by

Alex Sutton

Compliance Adviser, Geology, Listings Compliance (Sydney)

Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au

18 March 2021 ASX Limited

18 March 2021

Alex Sutton Listings Compliance Exchange Centre Level 6 20 Bridge Street Sydney, NSW 2000

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Via email: alex.sutton@asx.com.au

Dear Alex

HGL Limited: request for Trading Halt

HGL Limited ( HGL ) requests an immediate trading halt in the securities of HGL (ASX Code: HNG) from the commencement of trading today, 18 March 2021.

For the purposes of ASX Listing Rule 17.1, and in support of its request, HGL provides the following information:

• (a) the trading halt is necessary in order to undertake a proposed new capital raising;

• (b) HGL requests that the trading halt remain in place until the commencement of trading on Monday 22 March 2021; and

• (c) HGL is not aware of any reason why the trading halt should not be granted, or any other information necessary to inform the market about the trading halt.

Yours faithfully

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Iain Thompson Company Secretary