8061a403-dd73-4036-ac86-16cebb40db79.pdf
MARKET RELEASE
13 April 2016
West African Resources Limited
TRADING HALT
The securities of West African Resources Limited (the "Company") will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Friday 15 April 2016 or when the announcement is released to the market.
Jill Hewitt
SENIOR ADVISER, LISTINGS COMPLIANCE (PERTH)
ASX Compliance Pty Limited
ABN 26 087 780 489
Level 40 Central Park
152-158 St Georges Terrace Perth WA 6000
www.asx.com.au Customer service 13 12 79
Phone:08 9224 0000
13 April 2016
By Email:-
[email protected] [email protected]
ASX Limited Exchange Plaza 2 The Esplanade PERTH
WA 6000
Dear James
REQUEST FOR TRADING HALT
West African Resources Limited
ACN 121 539 375
Principal Office
14 Southbourne Street
Scarborough 6019 Western Australia
Phone + 61 8 9481 7344
Fax + 61 8 9481 7355
Email [email protected] Web www.westafricanresources.com
The Directors of West African Resources Limited (ASX code: WAF) request a trading halt of the company's securities.
The Company requires the trading halt pending the release of an announcement to the market in relation to a capital raising.
The Company requests that the trading halt ends on the earlier of the commencement of trading on 15 April 2016 or when an announcement on this matter is released to the market.
We are not aware of any reason why the trading halt should not be granted.
TSX-V
A similar trading halt is not likely to be granted on TSX-V and trading on that exchange will continue. Shareholders and investors should be aware that a capital raising is underway should they consider trading on TSX-V. The pricing of the capital raising will be in the context of the market, however the actual terms of the capital raising are subject to final determination. There is no guarantee that a capital raising will complete.
Yours sincerely
Simon Storm Company Secretary
West African Resources Limited
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