Response to ASX Price Query
Released
Released
Announcement PDF
Hastings Technology Metals Limited
Level 3, 5 Mill Street, Perth Western Australia 6000
T: +61 8 6117 6118 E: info@hastingstechmetals.com
www.hastingstechmetals.com
ABN: 43 122 911 399
8 October 2025
Sandra Wutete
ASX Compliance
Level 40, Central Park
152-158 St Georges Tce
Perth WA 6000
Dear Sandra,
Hastings Technology Metals Ltd (“HAS”): Price - Query
In response to your letter dated 8 October 2025, we respond as follows:
1. Is HAS aware of any information concerning it that has not been announced to the market which, if known by
some in the market, could explain the recent trading in its securities?
No.
2. If the answer to question 1 is “yes”:
a. Is HAS relying on Listing Rule 3.1A not to announce that information under Listing Rule 3.1? Please note
that the recent trading in HAS’s securities would suggest to ASX that such information may have ceased
to be confidential and therefore HAS may no longer be able to rely on Listing Rule 3.1A. Accordingly, if
the answer to this question is “yes”, you need to contact us immediately to discuss the situation.
N/A.
b. Can an announcement be made immediately? Please note, if the answer to this question is “no”, you
need to contact us immediately to discuss requesting a trading halt (see below).
N/A.
c. If an announcement cannot be made immediately, why not and when is it expected that an
announcement will be made?
N/A.
3. If the answer to question 1 is “no”, is there any other explanation that HAS may have for the recent trading in
its securities?
On 22 September 2025, HAS announced the completion of the formation of the joint venture with Wyloo
Consolidated Investment Pty Ltd in respect of the Yangibana Rare Earths and Niobium Project.
On 29 September 2025, HAS announced that it had entered into a binding agreement with Metal Bank
Limited (”MBK) for the sale of its gold assets to MBK.
On the same date, the Australian Trade and Investment Commission highlighted HAS as a delegate in its
2025 US Critical Minerals Delegation, which met with officials of the United States Government in
Washington. This been the subject of media coverage which was not commissioned by HAS.
4. Please confirm that HAS is complying with the Listing Rules and, in particular, Listing Rule 3.1.
We confirm that HAS is in compliance with the Listing Rules and in particular Listing Rule 3.1.
Page | 2
5. Please confirm that HAS’s responses to the questions above have been authorised and approved under its
published continuous disclosure policy or otherwise by its board or an officer of HAS with delegated authority
from the board to respond to ASX on disclosure matters.
The responses to the questions above have been approved by the Board.
Kind Regards,
Guy Robertson
Company Secretary
ASX Limited [[Listings]] ASX Customer Service Centre 131 279 | asx.com.au
#10981468v1
8 October 2025
Reference: 113416
Mr Guy Robertson
Company Secretary
Hastings Technology Metals Ltd
By email
Dear Mr Robertson
Hastings Technology Metals Ltd (‘HAS’): Price - Query
ASX refers to the following:
A. The change in the price of HAS’s securities from a closing price of $0.33 on 2 October 2025 to an intra-day
high of $0.635 at the time of writing this letter today.
B. The significant increase in the volume of HAS’s securities traded from 6 October 2025 to 8 October 2025.
Request for information
In light of this, ASX asks HAS to respond separately to each of the following questions and requests for
information:
1. Is HAS aware of any information concerning it that has not been announced to the market which, if known by
some in the market, could explain the recent trading in its securities?
2. If the answer to question 1 is “yes”.
(a) Is HAS relying on Listing Rule 3.1A not to announce that information under Listing Rule 3.1? Please
note that the recent trading in HAS’s securities would suggest to ASX that such information may
have ceased to be confidential and therefore HAS may no longer be able to rely on Listing Rule
3.1A. Accordingly, if the answer to this question is “yes”, you need to contact us immediately to
discuss the situation.
(b) Can an announcement be made immediately? Please note, if the answer to this question is “no”,
you need to contact us immediately to discuss requesting a trading halt (see below).
(c) If an announcement cannot be made immediately, why not and when is it expected that an
announcement will be made?
3. If the answer to question 1 is “no”, is there any other explanation that HAS may have for the recent trading in
its securities?
4. Please confirm that HAS is complying with the Listing Rules and, in particular, Listing Rule 3.1.
5. Please confirm that HAS’s responses to the questions above have been authorised and approved under its
published continuous disclosure policy or otherwise by its board or an officer of HAS with delegated authority
from the board to respond to ASX on disclosure matters.
When and where to send your response
This request is made under Listing Rule 18.7. Your response is required as soon as reasonably possible and, in
any event, by no later than 9:45 AM AWST Wednesday, 8 October 2025. You should note that if the information
requested by this letter is information required to be given to ASX under Listing Rule 3.1 and it does not fall
2/2
ASX Customer Service Centre 131 279 | asx.com.au
#10981468v1
within the exceptions mentioned in Listing Rule 3.1A, HAS’s obligation is to disclose the information
‘immediately’. This may require the information to be disclosed before the deadline set out in the previous
paragraph and may require HAS to request a trading halt immediately.
Your response should be sent to me by e-mail at ListingsCompliancePerth@asx.com.au. It should not be sent
directly to the ASX Market Announcements Office. This is to allow me to review your response to confirm that it
is in a form appropriate for release to the market, before it is published on the ASX Market Announcements
Platform.
Trading halt
If you are unable to respond to this letter by the time specified above, or if the answer to question 1 is “yes” and
an announcement cannot be made immediately, you should discuss with us whether it is appropriate to request
a trading halt in HAS’s securities under Listing Rule 17.1. If you wish a trading halt, you must tell us:
• the reasons for the trading halt;
• how long you want the trading halt to last;
• the event you expect to happen that will end the trading halt;
• that you are not aware of any reason why the trading halt should not be granted; and
• any other information necessary to inform the market about the trading halt, or that we ask for.
We require the request for a trading halt to be in writing. The trading halt cannot extend past the commencement
of normal trading on the second day after the day on which it is granted. You can find further information about
trading halts in Guidance Note 16 Trading Halts & Voluntary Suspensions.
Suspension
If you are unable to respond to this letter by the time specified above, ASX will likely suspend trading in HAS’s
securities under Listing Rule 17.3.
Listing Rules 3.1 and 3.1A
In responding to this letter, you should have regard to HAS’s obligations under Listing Rules 3.1 and 3.1A and also
to Guidance Note 8 Continuous Disclosure: Listing Rules 3.1 – 3.1B. It should be noted that HAS’s obligation to
disclose information under Listing Rule 3.1 is not confined to, nor is it necessarily satisfied by, answering the
questions set out in this letter.
Release of correspondence between ASX and entity
ASX reserves the right to release all or any part of this letter, your reply and any other related correspondence
between us to the market under Listing Rule 18.7A.
Yours sincerely
ASX Compliance
Share your feedback
Discover