TREK METALS LIMITED — Capital/Financing Update 2018

Oct 7, 2018

TREK METALS LIMITED ARBN: 124 462 826

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MAIL: PO Box 1796, West Perth WA 6872 Australia EMAIL: info@trekmetals.com.au www.trekmetals.com.au

ASX Announcement

CLEANSING STATEMENT

8 October 2018

Company Announcements Office Australian Securities Exchange 20 Bond Street SYDNEY NSW 2000

ISSUE OF TREK METALS LIMITED SHARES – SECONDARY TRADING NOTICE NOTIFICATION PURSUANT TO PARAGRAPH 708A(5)(e) OF THE CORPORATIONS ACT 2001 (Act)

On 8 October 2018, following shareholder approvals granted at the Annual General Meeting held on 3 October 2018, Trek Metals Limited ( Company ) issued 115,384,640 fully paid ordinary shares at a price of $0.013 per share ( Securities ). The $1,500,000 capital raised (net of costs) will be utilised as follows:

• Advance exploration within the Dikaki Channel at the Kroussou Project;

• Investigate and advance potential short-term cash flow producing options within the Dikaki Channel;

• Prepare for the phase-3 drilling within Dikaki with the aim of presenting a JORC 2012 Inferred Resource to the market in late 2019;

• Advance regional exploration targets at the Kroussou Project; and

• General working capital purposes.

Secondary Trading Exemption

The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under sections 708 or 708A of the Act. By the Company giving this notice, sale of the Securities noted above will fall within the exemption in section 708A(5) of the Act.

The Company hereby notifies ASX under section 708A(5)(e) of the Act that:

(a) the Company issued the Securities without disclosure to investors under Part 6D.2 of the Act;

AUSTRALIA Suite 5, 56 Kings Park Road WEST PERTH, WA AUSTRALIA 6005 TEL: +61 8 6555 1879

BERMUDA TRINITY HALL 43 CEDAR AVENUE HAMILTON HM12

TREK METALS LIMITED ARBN: 124 462 826

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MAIL: PO Box 1796, West Perth WA 6872 Australia EMAIL: info@trekmetals.com.au www.trekmetals.com.au

ASX Announcement

• (b) as at 8 October 2018 the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 of the Act; and

• (c) as at 8 October 2018 there is no information that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules:

Yours faithfully Trek Metals Limited

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Bradley Drabsch Managing Director

BERMUDA TRINITY HALL 43 CEDAR AVENUE HAMILTON HM12

AUSTRALIA Suite 5, 56 Kings Park Road WEST PERTH, WA AUSTRALIA 6005 TEL: +61 8 6555 1879