Market Announcement

8 April 2019

Spectrum Metals Limited (ASX: SPX) - Trading Halt

Description

The securities of Spectrum Metals Limited ('SPX') will be placed in trading halt at the request of SPX, 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 Wednesday, 10 April 2019 or when the announcement is released to the market.

Issued by

Daniel Nicholson

Adviser, Listings Compliance (Perth)

8 April 2019

Market Announcement 1/1

ASX Limited

ASX Customer Service Centre 131 279 | asx.com.au

8 April 2019

ASX Limited

Level 40 Central Park

152-158 St Georges Terrace

PERTH WA 6000

Attention: Dale Allen

tradinghaltsperth@asx.com.au

Dear Dale,

Spectrum Metals Limited (ASX:SPX) ("Spectrum") - Request for Trading Halt

In accordance with Listing Rule 17.1 Spectrum requests that an immediate trading halt be placed on its securities pending the release of an announcement regarding a proposed capital raising.

Spectrum expects the trading halt will be required until the earlier of the commencement of trading on 10 April 2019, or the release of an announcement by the Company regarding the proposed capital raising.

Spectrum is not aware of any reason why the trading halt should not be granted, nor of any other information relevant to this request.

Yours Sincerely,

Mark Pitts

Company Secretary

On behalf of the Board

Registered Office:Suite 1/827 Beaufort Street Mt Lawley WA 6052 | T: 08 6369 1195

ABN: 94 115 770 226 |info@spectrummetals.com.au |www.spectrummetals.com.au

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Disclaimer

Spectrum Rare Earths Limited published this content on 08 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 April 2019 13:52:04 UTC