Market Announcement

17 June 2020

Castillo Copper Limited (ASX: CCZ) - Trading Halt (2+2)

Description

The securities of Castillo Copper Limited ('CCZ') will be placed in trading halt at the request of CCZ, 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 Tuesday, 23 June 2020 or when the announcement is released to the market.

Issued by

Jessica Coupe

Adviser, Listings Compliance (Perth)

17 June 2020

Market Announcement 1/1

ASX Limited

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

17th June 2020

Elizabeth Harris

Manager, Listings Compliance (Perth)

By email:ListingsCompliancePerth@asx.com.au, Elizabeth.Harris@asx.com.au,tradinghaltsperth@asx.com

Dear Elizabeth

CASTILLO COPPER LIMITED - REQUEST FOR BACK-TO BACK TRADING HALT

Pursuant to listing rule 17.1, Castillo Copper Limited (ASX: CCZ) (the Company) requests an immediate halt to the trading of the Company's ordinary shares quoted on the Australia Securities Exchange (ASX)

from commencement of trading today, 17th June 2020.

The back-to-back trading halt is requested pending the release of an announcement by the Company to the market in relation to a proposed capital raising. In accordance with ASX Listing Rule 17.1, the Company provides the following information in relation to the request:

1. The Company requests back to back trading halts in connection with a proposed capital raising and that the trading halt remains in place until the earlier of commencement of normal trading on Tuesday, 23 June 2020, or when the announcement regarding the proposed capital raising is released to the market.

3. The Company expects to make the announcement to market before the commencement of normal trading on Tuesday, 23 June 2020.

4. The Company is not aware of any reason why the trading halt should not be granted or of any further information necessary to inform the market about the trading halt.

Authorised by the Board of Castillo Copper Limited.

Yours faithfully

Dale Hanna

Company Secretary

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Disclaimer

Castillo Copper Limited published this content on 16 June 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 June 2020 23:57:05 UTC