18 June 2018

Luxmy Wigneswaran

Principal Adviser, Listings Compliance (Sydney) ASX Compliance Pty Ltd

20 Bridge Street Sydney NSW 2000

By Email:Luxmy.Wigneswaran@asx.com.au Dear Luxmy

Xanadu Mines Ltd - Voluntary Trading Suspension Request

Xanadu Mines Ltd (ASX: XAM) (the Company) requests a continuation of the voluntary suspension of its securities and provides the following information in accordance with Listing Rule 17.2:

  • • The voluntary suspension is requested to enable the Company further time to finalise its proposed capital raising (Capital Raising Announcement) pursuant to its trading halt request on Wednesday, 13 June 2018 and voluntary suspension request on Friday, 15 June 2018.

  • • The Company expects the voluntary suspension to remain in place until the earlier of such time as it makes the Capital Raising Announcement or the commencement of trading on Thursday, 21 June 2018.

  • • The Company is in compliance with Listing Rule 3.1 and is not aware of any reason why the voluntary suspension should not be granted by ASX or any other information necessary to inform the market about the voluntary suspension.

Yours sincerely,

Phil Mackey Company Secretary

CONTACT Andrew Stewart

Managing Director and Chief Executive OfficerAUSTRALIA c/o Company Matters Pty Limited Level 12, 680 George Street

MONGOLIA

Sydney NSW 2000

2nd Khoroo, Military Town AOS Street, Bayanzurkh District Ulaanbaatar, Mongolia

ASX XAM

T: +61 2 8280 7497 M: +976 9999 9211

T: +61 2 8280 7497

T: +967 5011 0211

Andrew.stewart@xanadumines.comwww.xanadumines.com

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Xanadu Mines Ltd. published this content on 18 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 June 2018 22:47:01 UTC