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WEEBIT NANO LTD Capital/Financing Update 2011

Oct 19, 2011

66042_rns_2011-10-19_87fc1bd3-89dc-4d0d-a1a3-8c4a494bb965.pdf

Capital/Financing Update

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MARKET RELEASE

20 October 2011

Radar Iron Limited

TRADING HALT

The securities of Radar Iron 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 Monday, 24 October 2011 or when the announcement is released to the market.

Security Code: RAD

of Heiner

Jill Hewitt Senior Adviser Listings (Perth)

ASX PERTH

NO.604 $P.2/2$

| RADAR
| IRON LTD

Suite 2. 12 Parliament Place
West Perth WA 6005 PO BOX 902 West Perth WA 6872

$(P) + 61894820580$ $(F) + 61894820505$

20 October 2011

Australian Stock Exchange Exchange Plaza 2 The Esplanade Perth WA 6000

For the attention of: James Rowe

By email: [email protected]

Dear James,

Could you please place Radar Iron Ltd in a trading halt.

The Company expects to make an announcement in relation to a capital raising in the coming days.

Radar Iron is not aware of any reason why a trading halt should not be granted.

The Company anticipates being able to make an announcement prior to the commencement of trading on 24 October 2011.

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

www.rodoriron.com.gu