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ST GEORGE MINING LIMITED Capital/Financing Update 2016

Aug 10, 2016

65782_rns_2016-08-10_a0d698a1-3a61-4c5e-9027-2e2d1a88e7db.pdf

Capital/Financing Update

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MARKET RELEASE

11 August 2016

St George Mining Limited

TRADING HALT

The securities of St George Mining 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 Monday, 15 August 2016 or when the announcement is released to the market.

Security Code: SGQ

Ben Secrett Senior Adviser, ASX Listings Compliance (Perth)

11 August 2016

ASX Limited Level 40 Central Park 152‐158 St Georges Terrace PERTH WA 6000

TRADING HALT

In accordance with Listing Rule 17.1 St George Mining Limited ("St George Mining" or "Company") requests a trading halt to be placed on its securities pending the release of an announcement regarding a capital raising.

It is anticipated that the announcement will be released to the ASX by commencement of normal trade on 15 August 2016, in accordance with ASX Listing Rule 17.1.1 and ASX Operating Rule 16.4.2.

The Company is not aware of any reason why this trading halt should not be granted.

Yours sincerely

Sarah Shipway Company Secretary ST GEORGE MINING LIMITED