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SILVER MINES LIMITED Capital/Financing Update 2017

Sep 27, 2017

65881_rns_2017-09-27_c7c643e7-00f2-4c79-b07a-325a303f8944.pdf

Capital/Financing Update

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MARKET RELEASE

28 September 2017

Silver Mines Limited

SUSPENSION FROM OFFICIAL QUOTATION

The securities of Silver Mines Limited (Company) will be suspended from quotation immediately, at the request of the Company in accordance with Listing Rule 17.2 pending the release of an announcement in relation to a capital raising.

Security Code: SVL

Kimberley Brown Principal Adviser, Listings Compliance (Sydney)

Level 11, 52 Phillip St Sydney NSW 2000 P: +61 2 8316 3997 F: +61 2 8316 3999 [email protected] www.silvermines.com.au

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28 September 2017

Ms Kimberley Brown Principal Adviser, Listings Compliance (Sydney) Australian Securities Exchange Limited 20 Bridge St Sydney NSW 2000

Dear Kimberley,

REQUEST FOR VOLUNTARY SUSPENSION OF SVL SECURITIES

Pursuant to ASX Listing Rule 17.2, Silver Mines Limited (“the Company”) hereby requests that its securities be placed in voluntary suspension whilst it finalises the details of a capital raising.

The Company anticipates that a request to lift the voluntary suspension will be made no later than the opening of trading on Thursday, 5[th] October 2017, concurrent with the release of an announcement in respect of the capital raising.

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

Yours faithfully Silver Mines Limited

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Trent Franklin Company Secretary

Silver Mines Limited ABN: 45 107 452 942

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