MARKET RELEASE

13 April 2016

Peak Resources Limited

TRADING HALT

The securities of Peak 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

Mr. Jeremy Newman

Senior Adviser, Listings Compliance (Perth) ASX Compliance Pty Ltd

Level 40, Central Park,

152-158 St George's Terrace Perth WA 6000

Tel 9224 0000

12th April 2016

By Email: [email protected]

Dear Jeremy,

REQUEST FOR TRADING HALT

Peak Resources Limited request that its securities be placed in an immediate trading halt pending the release of an announcement regarding a material fundraising.

The Company requires the trading halt until the earlier of the release of the aforementioned announcement or commencement of trading on Friday, 15 April 2016.

The Company is not aware of any reason why the trading halt should not be granted. Yours faithfully,

Graeme Scott

Chief Financial Officer & Company Secretary Peak Resources Limited