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WEEBIT NANO LTD Capital/Financing Update 2011

Oct 23, 2011

66042_rns_2011-10-23_3c6b3d43-93a1-4608-ab25-90dbd17512b2.pdf

Capital/Financing Update

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MARKET RELEASE

24 October 2011

Radar Iron Limited

SUSPENSION FROM OFFICIAL QUOTATION

The securities of Radar Iron Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement.

Security Code:

RAD RADO

of Hewill

Jill Hewitt Senior Adviser Listings (Perth)

24.0CT.2011 - 6:37 ASX PERTH

NO.616 $P.2/2$ Suite 2, 12 Portioment Place West Perth WA 6005 PO 80X 902 West Perth WA 6872 (P) + 61 8 9482 0580
(F) + 61 8 9482 0505

24 October 2011

Australian Stock Exchange Exchange Plaza 2 The Esplanade Perth WA 6000

For the attention of: James Rowe

By email: [email protected]

RADAR IRON LTD - REQUEST FOR VOLUNTARY SUSPENSION

Pursuant to ASX Listing Rule 17.2, Radar Iron Ltd (Company) requests a voluntary suspension of its securities from ASX, commencing Monday 24 October 2011.

In accordance with ASX Listing Rule 17.2, the Company provides the following information regarding this request

    1. The reason for the voluntary suspension is that the Company intends to make an announcement in relation to a capital raising.
    1. The Company requests that the voluntary suspension continue until the announcement referred to in paragraph 1 is released to the market.
    1. The event which will end the voluntary suspension is the announcement referred to in paragraph 1.
    1. The Company is not aware of any reason why the voluntary suspension should not be granted.

If you have any questions please call Phillip Wingate on 9482 0580.

Yours faithfully,

For or on behalf of Radar Iron Limited

Phillip Wingate Company Secretary