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STRIKE RESOURCES LIMITED Capital/Financing Update 2020

Nov 22, 2020

65855_rns_2020-11-22_cf191059-398f-4482-95d5-979221d245ee.pdf

Capital/Financing Update

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Market Announcement

23 November 2020

Strike Resources Limited (ASX: SRK) – Trading Halt (2+2)

Description

The securities of Strike Resources Limited ('SRK') will be placed in trading halt at the request of SRK, pending it releasing an announcement regarding a capital raising. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Friday, 27 November 2020 or when the announcement is released to the market.

Issued by

Jessica Coupe Adviser, Listings Compliance (Perth)

23 November 2020

Australian Securities ExchangeLevel 40, Central Park152-158 StGeorgesTerracePerthWA 6000 Email: [email protected]
Attention:Mr Dale AllenPrincipal Adviser, Listings Compliance Email: [email protected]

Dear ASX,

REQUEST FOR TWO CONSECUTIVE TRADING HALTS – STRIKE RESOURCES LIMITED (ASX:SRK)

We request two consecutive back-to-back trading halts (of up to 2 days each) in relation to the Company's listed shares, to consider, plan for and execute a share capital raising (Capital Raising).

The following information is provided in relation to this trading halt request pursuant to Listing Rule 17.1:

(1) Reasonsforthetradinghalt Pending the release of a market announcement in relation to theCapital Raising (Announcement).
(2) Lengthoftradinghalt Until such time as the Announcement is released on ASX; this isexpected to be by no later thanprior to the commencement oftrading on Friday, 27 November2020.
(3) Events expectedtohappentoendthetrading halt Upon the release of the Announcement.
(4) Reasonswhythetradinghaltshould notbegranted The Company is unaware of any reasons why a trading halt shouldnot begranted
(5) Any other informationnecessary to inform themarketaboutthe tradinghalt The Company does not have any other information necessary toinform the market about the trading halt, pending the release of theAnnouncement.

Yours Sincerely,

Victor Ho

Director and Company Secretary Email: [email protected]

www.strikeresources.com.au

STRIKE RESOURCES LIMITED A.B.N. 94 088 488 724

Level 2, 31 Ventnor Avenue, West Perth, Western Australia 6005 T | (08) 9214 9700 F | (08) 9214 9701 E | [email protected]