TREK METALS LIMITED — Capital/Financing Update 2023

May 22, 2023

Market Announcement

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23 May 2023

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Trek Metals Limited (ASX: TKM) – Trading Halt

Description

The securities of Trek Metals Limited (‘TKM’) will be placed in trading halt at the request of TKM, 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 Thursday, 25 May 2023 or when the announcement is released to the market.

Issued by

Shane Falconer

Adviser, Listings Compliance

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

23 May 2023 ASX Limited

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23 May 2023

Shane Falconer Australian Securities Exchange ASX Limited Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000

Via E-mail tradinghaltsperth@asx.com.au

Dear Shane,

TRADING HALT REQUEST

In accordance with Listing Rule 17.1, the Directors of Trek Metals Limited ( Company ) hereby request a trading halt of the Company’s securities (“TKM”) pending the release of an announcement by the Company regarding a capital raising.

In support of this request the Company advises: -

1. The reason for the trading halt is that the Company is finalising a capital raising and believes this trading halt will allow sufficient time to finalise documentation and prepare an announcement to the market on or before the commencement of trading on 25 May 2023.

2. It is expected that this announcement will end the trading halt.

3. The Company is not aware of any reason why the trading halt should not be granted nor is there any other information to inform the market about the trading halt.

Approved for Release by the Board.

Trek Metals Limited

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Russell Hardwick Company Secretary

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