18 Nov 2021

Trading Halt

Market Announcement 18 November 2021 18 November 2021 Market Announcement 1 / 1 ASX Limited ASX Customer Service Centre 131 279 | asx.com.au A rizona Lithium Limited (ASX: A ZL ) – Trading Halt Description The securities of Arizona Lithium Limited (‘ AZL ’) will be placed in trading halt at the request of AZL , pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Monday, 22 November 2021 or when the announcement is released to the market. Issue d by Damian Dinelli Adviser , Listings Compliance ( Perth ) T +61 (0) 8 6313 393 6 E info@ arizonalithium.com ASX:AZL Arizona Lithium Level 1, 10 Outram Street West Perth WA 6005 Australia 18 November 2021 Stephanie Patchell Adviser, Listings Compliance Australian Securities Exchange Level 40, Central Park 152-158 St George's Terrace Perth WA 6000 Dear Stephanie, ARIZONA LITHIUM LIMITED (ASX: AZL, AZLO) – REQUEST FOR TRADING HALT The Directors of Arizona Lithium Limited (“AZL” or the “Company”) request an immediate trading halt of its securities from ASX, from the commencement of trading on 18 November 2021 (“Trading Halt”). As required by Listing Rule 17.1, the Company provides the following information: • The Company is preparing a material announcement regarding the results metallurgical test work for the Big Sandy Lithium Project, Arizona. • On 10 and 11 November 2021, the Company issued 106,666,709 quoted options (“Quoted Options”) in relation to the placement first announced on 1 November 2021. • On 10 and 11 November 2021 the Company issued a cleansing notice for each issue of Quoted Options. As the Quoted Options were not in a class of securities that had been continuously quoted for 3 months, a cleansing notice was not able to be issued for the Quoted Options and a prospectus should have been prepared to cleanse the Quoted Options. In error, cleansing notices were prepared instead of a prospectus. • The Trading Halt is requested pending an application to the Supreme Court of Western Australia (“Court”) by the Company seeking orders to rectify this inadvertent error. • AZL requests that the Trading Halt continue until the earlier of its application being heard and determined by the Court and the commencement of trading on 22 November 2021. • AZL is not aware of any reason why the Trading Halt should not be granted. • AZL has no other information necessary to inform the market about the Trading Halt. Yours sincerely, Oonagh Malone Company Secretary
Information on this Website is provided for general information purposes only and is not a substitute for professional advice. ASX Information (including company announcements and prices) is delayed by at least 20 minutes. JSE Information (including company announcements and prices) is delayed by at least 15 minutes. Reliance on the information you access on or from this Website is solely at your own risk. We make no representation or warranty in relation to the future performance of the companies that appear on this Website. Investment in securities involves risk and you should obtain independent professional legal, financial, investment or company advice before acting on any of the information you access on this Website. Using, browsing or otherwise accessing this Website is subject to our Terms and Conditions and our Privacy Policy.

© 2022 Listcorp. ABN 60 166 140 307

Never miss news from Arizona Lithium Limited (ASX:AZL) when you join Listcorp.