Pursuant to Listing Rule 17.1, Prospect Resources Limited (ASXSC) (Company) requests a trading halt of its securities, pending the release of an announcement in relation to an update to the Sinomine Placement and Framework Agreement, which includes a $10m placement to Sinomine. The Company requests that the trading halt be effective immediately and remain in place until the earlier of the commencement of normal trading on 4 April 2018, or the release of an announcement by the Company in relation to an update to the Sinomine Placement and Framework Agreement, which includes a $10m placement to Sinomine.
The Company is not aware of any reason why the trading halt should not be granted.
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