SILVER MINES LIMITED — Capital/Financing Update 2019

Mar 26, 2019

Market Announcement

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27 March 2019

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Silver Mines Limited (ASX: SVL) – Trading Halt

Description

The securities of Silver Mines Limited (‘SVL’) will be placed in trading halt at the request of SVL, 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 Friday, 29 March 2019 or when the announcement is released to the market.

Issued by

Violetta Codreanu

Senior Adviser, Listings Compliance (Sydney)

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

27 March 2019 ASX Limited

Level 11, 52 Phillip St Sydney NSW 2000 P: +61 2 8316 3997 F: +61 2 8316 3999 Info@silvermines.com.au www.silvermines.com.au

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27 March 2019

Ms Violetta Codreanu Listings Compliance (Sydney) Australian Securities Exchange Limited 20 Bridge St Sydney NSW 2000

Dear Violetta,

REQUEST FOR TRADING HALT ON SVL SECURITIES

Pursuant to ASX Listing Rule 17.1, Silver Mines Limited (“the Company”) hereby requests a trading halt on its securities with immediate effect pending an announcement in relation to a capital raising.

The Company anticipates that a request to lift the trading halt will be made no later than the opening of trading on Friday, 29[th] March 2019, concurrent with the release of an announcement in respect of the capital raising.

The Company is not aware of any reason why the trading halt 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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