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SILVER MINES LIMITED Capital/Financing Update 2018

Mar 25, 2018

65881_rns_2018-03-25_82751fdf-d735-494c-ad2f-743441e65747.pdf

Capital/Financing Update

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26 March 2018

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MARKET RELEASE

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.

Security Code:

SVL

Kimberley Brown Principal Adviser, Listings Compliance (Sydney)

20 Bridge Street Sydney NSW 2000

ASX Compliance Pty Limited ABN 26 087 780 489

www.asx.com.au Customer service 13 12 79

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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26 March 2018

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

Dear Kimberley,

REQUEST FOR VOLUNTARY SUSPENSION

We refer to the trading halt requested on the securities of Silver Mines Limited ( Company ) on 22[nd] March 2018. Pursuant to ASX Listing Rule 17.2, 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, 29[th] March 2018, 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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