TALGA GROUP LTD — Capital/Financing Update 2020

Market Announcement

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17 August 2020

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Talga Resources Limited (ASX: TLG) – Trading Halt (2+2)

Description

The securities of Talga Resources Limited (‘TLG’) will be placed in trading halt at the request of TLG, pending it releasing an announcement regarding a capital raising. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Friday, 21 August 2020 or when the announcement is released to the market.

Issued by

Jessica Coupe

Adviser, Listings Compliance (Perth)

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

17 August 2020 ASX Limited

ASX Release 17 August 2020

ASX:TLG

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Ms Jessica Coupe

Adviser, Listings Compliance ASX Limited Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000

By email: [email protected] By email: [email protected]

Dear Ms Coupe

Trading Halt Request

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

For the purposes of ASX listing rule 17.1, the Company provides the following information:

1. The trading halt is requested for the purpose of the Company considering, planning and executing a capital raising;

2. The Company wishes the trading halt to remain in place until the earlier of commencement of normal trading on 21 August 2020 or when the Company makes the intended announcement; and

3. The Company is not aware of any reason why the trading halt should not be granted.

Yours Sincerely

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Dean Scarparolo Company Secretary Talga Resources Ltd T: +61 (0) 8 9481 6667

Talga Resources Ltd ABN 32 138 405 419 ASX: TLG Germany: TGX USA: TLGRF 1st Floor, 2 Richardson St, West Perth 6005 Australia E: [email protected] T: +61 8 9481 6667 F: +61 8 9322 1935 W: www.talgagroup.com

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