TALGA GROUP LTD — Capital/Financing Update 2014

May 18, 2014

==> picture [104 x 96] intentionally omitted <==

MARKET RELEASE

19 May 2014

Talga Resources Limited

TRADING HALT

The securities of Talga Resources 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 Wednesday 21 May 2014 or when the announcement is released to the market.

Security Code:

TLG

Jill Hewitt Senior Adviser, Listings Compliance (Perth)

Page 1 of 1

19 MARCH 2014 Y 2014

TALGA RESOURCES LTD ASX & MEDIA RELEASE

==> picture [86 x 84] intentionally omitted <==

Talga Resources Ltd ABN 32 138 405 419

1st Floor, 2 Richardson St, West Perth, WA 6005 T: +61 8 9481 6667 F: +61 8 9322 1935 www.talgaresources.com

Corporate Information ASX Code TLG Shares post issue 105.1m Options (unlisted) 3.75m

Deanna Carpenter Adviser, Listings Compliance (Perth) ASX Compliance Pty Ltd Level 8, Exchange Plaza 2 The Esplanade Perth WA 6000

By Email: deanna.carpenter@asx.com.au

Dear Deanna

REQUEST FOR TRADING HALT

Pursuant to ASX Listing Rule 17.1, Talga Resources Limited (“Talga”), requests a trading halt in respect of the ordinary shares of the Company (ASX Code: TLG), commencing immediately.

Company Directors Keith Coughlan Non-Executive Chairman

Mark Thompson Managing Director

Grant Mooney Non-Executive Director

For the purposes of ASX Listing Rule 17.1, the Company provides the following information:

• a) the trading halt is requested pending an announcement by the Company in relation to a fund raising initiative;

• b) the Company wishes the trading halt to remain in place until the earlier of commencement of trading on Wednesday 21 May 2014 and when the Company makes the intended announcement; and

• c) the Company is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt.

Please contact me should you have any queries in relation to the above.

Yours sincerely

==> picture [56 x 58] intentionally omitted <==

Lisa Wynne Company Secretary

==> picture [13 x 14] intentionally omitted <==

ASX Code: TLG

TALGA RESOURCES LTD ASX AND MEDIA RELEASE

PAGE 1