Strandline Resources Limited ('Company') (ASX: STA) requests that the securities of the Company be placed in a trading halt with immediate effect.

For the purposes of ASX Listing Rule 17.1 and in support of its request, the Company advises that: The trading halt is requested pending an announcement by the Company regarding capital raising (comprising a fully underwritten institutional placement and a fully underwritten accelerated pro-rata non-renounceable entitlement offer) for the Coburn Minerals Sands Project.

The Company requests that the trading halt remain until the earlier of the Company making an announcement in regards to the matter above, or the commencement of trading on 31 March 2021.

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

Contact:

Tel: +61 8 9226 3130

Email: enquiries@strandline.com.au

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