ALCIDION GROUP LIMITED — Share Issue/Capital Change 2013

May 29, 2013

ASX Announcement

30 May 2013

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SHARE ISSUE

Resource and Investment NL (ASX: RNI) (RNI or the Company) wishes to advise the following in relation to the 3,805,554 ordinary fully-paid RNI shares (Shares) issued to Naracoota Resources Limited as consideration for the Horseshoe Range gold project as announced on 29 May 2013;

Cleansing Statement

Pursuant to Section 708A(5)(e) of the Corporations Act;

• (a) The Shares were issued without disclosure under Part 6D.2 of the Act.

• (b) This notice is being given under paragraph 5(e) of section 708A of the Act.

• (c) As at the date of this notice, the Company has complied with the provisions of the Chapter 2M of the Act (as they apply to the Company), and section 674 of the Act.

• (d) As at the date of this notice, there is no excluded information with respect to the Company for the purposes of sections 708A(7) and (8) of the Act.

An Appendix 3B reflecting the revised capital structure following the issue of the shares has been released with this announcement.

For further information, please contact;

MARK CLEMENTS COMPANY SECRETARY

T +61 8 9489 9200

RESOURCE AND INVESTMENT NL ABN 77 085 806 284 34 Bagot Road Subiaco Western Australia 6008 PO Box 298 West Perth WA 6872 T +61 8 9489 9200 F +61 8 9489 9201 E general@rninl.com.au W rninl.com.au

Append ix3B New issue announcem ent

Rule 2.7,3.10.3,3.10.4,3.10.5

Ap p endix 3 B

New issue a nno unc em ent, a p p lic a tio n fo r quo ta tio n o f a dditio na l sec urities a nd a greem ent

Inform ation ord ocum entsnotavailab le now m ustb e g iven to ASX assoon asavailab le. Inform ation and d ocum entsg iven to ASX b ecom e ASX’spropertyand m ayb e m ad e pub lic.

Introd uced 01/07/96 Orig in:Append ix5 Am end ed 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12

Nam e of entity

Resource and Investm entNL ABN 77085806 284

W e (th e entity)g ive ASX th e following inform ation.

Pa rt1 - All issues

Youm ustcom plete th e relevantsections(attach sh eetsif th ere isnotenoug h space).

1 +Classof +securitiesissued orto b e issued 2 Num b er of +securitiesissued or to b e issued (if known) or m axim um num b er wh ich m ay b e issued 3 Principa l term s of th e +securities (eg , if options, exercise price and expiryd a te;if partly paid +securities, th e am ount outsta nd ing and d ue d ates for pa ym ent; if +convertib le securities, th e conversion price a nd d ate s for conversion)	Fullypaid ord inarysh ares
	3,805,554fullypaid ord inarysh ares
	Aswith fullypaid ord inarysh ares

+See ch apter19ford efined term s.

Append ix3B Pag e 1

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Append ix3B New issue announcem ent

4 Do th e +securitiesrank equally in allrespectsfrom th e d a te of allotm e ntwith an existing +class of quoted +securities? If th e ad d itiona l securitie s d o notrankequa lly, please sta te:  th e d ate from wh ich th eyd o  th e extent to wh ich th ey participa te for th e next d ivid end , (in th e case of a trust, d istrib ution) or interestpaym e nt  th e extentto wh ich th eyd o notra nk equally, oth erth a n in relation to th e ne xt d ivid end , d istrib ution or interestpaym e nt 5 Issue price orconsid eration 6 Purpose of th e issue (If issued as consid eration for th e acquisition of assets, clearly id entifyth ose assets) 6a Isth e entitya n +elig ib le e ntity th at h as ob taine d security h old erapprova lund errule 7.1A? If Yes, com ple te sections6b –6h in relation to th e +securitiesth e sub jectof th isAppend ix3B, and com plywith section 6i 6b Th e d ate th e security h old er resolution und er rule 7.1A was passed 6c Num b er of +securities issued with outsecurityh old erapproval und errule 7.1	Yes
	$0.0788persh are
	Issued pursuant to th e acquisition of th e Horsesh oe Rang e g old projectasannounced 29M ay2013.
	Yes
	22Novem b er2012
	3,805,554fullypaid ord inarysh ares

+See ch apter19ford efined term s.

Append ix3B Pag e 2

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6d Num b er of +securities issued with security h old er approval und errule 7.1A 6e Num b er of +securities issued with security h old er approval und er rule 7.3, or anoth er specific securityh old erapproval (specifyd ate of m eeting ) 6f Num b er of securities issued und era n exception in rule 7.2 6g If securities issued und er rule 7.1A, wasissue price a tleast75% of 15 d ay VW AP as ca lculated und errule 7.1A.3? Includ e th e issue d ate and b oth va lues. Includ e th e source of th e VW AP calcula tion. 6h If securities were issued und er rule 7.1A for non-cash consid eration, sta te d ate on wh ich valuation of consid eration was release d to ASX M arke tAnnouncem e nts 6i Calculate th e entity’srem aining issue capacityund errule 7.1and rule 7.1A –com plete Annexure 1 and release to ASX M arket Announcem ents 7 Dates of entering +securities into uncertificated h old ing s or d espatch of certificates 8 Num b er a nd +class of all +securities quoted on ASX (includ ing th e securities in section 2if applicab le)	Nil
	Nil
	Nil
	N/A
	N/A
	See Annexure
	29M ay2013
	Num b er	+Class
	295,496,890 29,220,633	Fully paid ord inary sh ares Options exercisab le at $0.60 expiring 31 M ay2013

+See ch apter19ford efined term s.

Append ix3B Pag e 3

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9 Num b er and +class of all +securities notquote d on ASX (includ ing th e securities in section 2if applicab le)	Num b er	+Class
	6,000,000 3,300,000 3,597,621 4,000,000 1,500,000	Optionsexpiring 25Novem b er2013 exercisab le at$1.00 Optionsexpiring 17M ay2014 exercisab le at$1.00 Optionsexpiring 27M arch 2015 exercisab le at $0.4374 Optionsexpiring 13M arch 2017 exercisab le at$0.35 Optionsexpiring 9Novem b er2017 exercisab le at$0.60

10 Divid end policy(in th e case of a Th e Com pany d oes not h ave a d ivid end trust, d istrib ution policy)on th e policy increased capita l(interests)

Pa rt2 - Bo nusissue o r p ro ra ta issue

a rt2 - Bo nusissue o r p ro ra	ta issue
11 Is security h old er approva l required ? 12 Isth e issue renounceab le ornon- renounceab le? 13 Ratio in wh ich th e +securities willb e offered 14 +Classof +securitiesto wh ich th e offerrelates 15 +Record d ate to d e te rm ine entitlem e nts	N/A
	N/A
	N/A
	N/A
	N/A

+See ch apter19ford efined term s.

Append ix3B Pag e 4

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Append ix3B New issue announcem ent

16 W ill h old ing s on d ifferent reg isters (or sub reg isters) b e ag g reg ated for ca lculating entitlem e nts? 17 Policy ford ecid ing entitle m ents in relation to fractions 18 Nam esof countriesin wh ich th e entityh as+securityh old erswh o will not b e sent new issue d ocum e nts Note:Securityh old ersm ustb e told h ow th eir entitlem entsare to b e d ealtwith . Crossreference:rule 7.7. 19 Closing d ate for receipt of acceptancesorrenunciations 20 Nam esof anyund erwriters 21 Am ountof anyund erwriting fee orcom m ission 22 Nam es of any b rokers to th e issue 23 Fee or com m ission paya b le to th e b rokerto th e issue 24 Am ount of any h a nd ling fee payab le to b rokers wh o lod g e acceptancesorrenunciationson b eh alf of +securityh old ers 25 If th e issue is conting e nt on +security h old ers’approva l, th e d ate of th e m eeting 26 Date entitlem e nta nd acceptance form and prospe ctusorProd uct Disclosure State m entwillb e sent to personsentitled	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A

+See ch apter19ford efined term s.

Append ix3B Pag e 5

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Append ix3B New issue announcem ent

27 If th e e ntityh asissued options, and th e term s e ntitle option h old ers to participa te on exercise, th e d a te on wh ich notices will b e sent to option h old ers 28 Date rig h tstrad ing willb e g in (if applicab le) 29 Date rig h ts trad ing will end (if applicab le) 30 How d o +security h old ers sell th eirentitlem ents_in full_th roug h a b roker? 31 How d o +security h old ers sell part of th eir entitle m ents th roug h a b rokerand acce ptfor th e b ala nce? 32 How d o +securityh old ersd ispose of th eirentitlem e nts(exce ptb y sale th roug h a b roker)? 33 +Despa tch d ate	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A

Pa rt3 - Quo ta tio n o f sec urities

Youneed onlycom plete th issection if youare applying forquotation of securities

• 34 Type of securities ( tickone )

• (a) Securitiesd escrib ed in Part1

• (b ) Alloth ersecurities

Exam ple:restricted securitie sa tth e e nd of th e escrowed pe riod , partlypaid securitiesth a tb ecom e fullypa id , em ployee incentive sh a re securitie swh en restriction end s, securitiesissued on expiryorconversion of convertib le securities

E ntitiestha tha ve tic ked b o x 3 4 (a )

Ad d itional securitiesform ing anew classof securities

+See ch apter19ford efined term s.

Append ix3B Pag e 6

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Tick to ind icate you are provid ing th e inform ation or d ocum ents

• 35 If th e[+] securitiesare[+] equitysecurities, th e nam esof th e 20larg esth old ersof th e ad d itional[+] securities, and th e num b erand percentag e of ad d itional[+] securities h eld b yth ose h old ers

• 36 If th e[+] securitiesare[+] equitysecurities, a d istrib ution sch ed ule of th e ad d itiona l +securitiessetting outth e num b erof h old ersin th e ca te g ories

1- 1,000 1,001- 5,000 5,001- 10,000 10,001- 100,000 100,001and over

37 A copyof a nytrustd eed forth e ad d itiona l[+] securities

E ntitiestha tha ve tic ked b o x 3 4 (b )

38 Num b er of securities for wh ich N/A +quota tion issoug h t 39 Class of +securities for wh ich N/A quotation issoug h t 40 Do th e[+] securitiesrank equallyin N/A all respects from th e d ate of allotm e ntwith an existing +class of quoted[+] securities? Ifth e ad d itionalsecuritiesd o not rankequa lly, please state:  th e d ate from wh ich th eyd o  th e exte nt to wh ich th ey participa te for th e next d ivid end , (in th e case of a trust, d istrib ution) orinterest paym ent  th e extent to wh ich th ey d o notrankequa lly, oth erth a n in relation to th e nextd ivid end , d istrib ution or interest paym ent

+See ch apter19ford efined term s.

Append ix3B Pag e 7

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41 Reason forrequestforquotation now

N/A

Exam ple:In th e case of restricted securitie s, end of restriction pe riod

(if issued upon conversion of anoth er security, clearly id entify th atoth ersecurity)

• 42 Num b er and +class of all +securities quoted on ASX ( includ ing th e securitiesin clause 38)

Num b er +Class N/A

Quotation ag reem ent

• 1 +Q uotation of ourad d itional+securitiesisin ASX’sab solute d iscretion. ASX m ayquote th e[+] securitieson anycond itionsitd ecid es.

• 2 W e warrantth e following to ASX.

• Th e issue of th e[+] securitiesto b e quoted com plieswith th e law and is notforan illeg alpurpose.

• Th ere is no reason wh y th ose +securities sh ould not b e g ranted +quotation.

• An offerof th e securitiesforsale with in 12m onth safterth eirissue willnotrequire d isclosure und ersection 707(3)orsection 1012C(6)of th e CorporationsAct.

  • Note:An entitym ayneed to ob ta in a ppropria te warrantie sfrom sub scrib ersforth e securitie sin ord erto b e ab le to g ive th iswarranty

• Section 724orsection 1016E of th e CorporationsActd oesnotapplyto anyapplicationsreceived b yusin relation to any[+] securitiesto b e quoted and th atno-one h asanyrig h tto return any[+] securitiesto b e quoted und ersections737, 738or1016F of th e CorporationsActatth e tim e th atwe requestth atth e[+] securitiesb e quoted .

• If we are a trust, we warrantth atno person h asth e rig h tto return th e +securitiesto b e quoted und ersection 1019B of th e CorporationsActat th e tim e th atwe requestth atth e[+] securitiesb e quoted .

• 3 W e willind em nifyASX to th e fullestextentperm itted b ylaw in respectof any claim , action orexpense arising from orconnected with anyb reach of th e warrantiesin th isag reem ent.

+See ch apter19ford efined term s.

Append ix3B Pag e 8

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• 4 W e g ive ASX th e inform ation and d ocum entsrequired b yth isform . If any inform ation or d ocum ent not availab le now, will g ive it to ASX b efore +quotation of th e +securitiesb eg ins. W e acknowled g e th atASX isrelying on th e inform ation and d ocum ents. W e warrantth atth eyare (willb e)true and com plete.

M arkClem ents Com panySecretary 30M ay2013

+See ch apter19ford efined term s.

Append ix3B Pag e 9

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– Ap p endix 3 B Annexure 1

Ca lc ula tio n o f p la c em entc a p a c ity under rule 7.1 a nd rule 7.1 A fo r[+] eligib le entities

Introd uced 01/08/12

Pa rt1

Rule 7.1 – Issues exceeding 15% of capital

Rule 7.1 – Issues exceeding 15% of capital	Rule 7.1 – Issues exceeding 15% of capital
Step 1: Calculate “A”, the base figure from which the placement capacity is calculated
Insertnumber of fully paid ordinary securities on issue 12 months before date of issue or agreement to issue	271,087,528
Addthe following: • Number of fully paid ordinary securities issued in that 12 month period under an exception in rule 7.2; • Number of fully paid ordinary securities issued in that 12 month period with shareholder approval 14 September 2012 Consideration for acquisition 16 May 2013 Exercise of Listed Options • Number of partly paid ordinary securities that became fully paid in that 12 month period Note: • Include only ordinary securities here – other classes of equity securities cannot be added • Include here (if applicable) the securities the subject of the Appendix 3B to which this form is annexed • It may be useful to set out issues of securities on different dates as separate line items	N/A 572,458 30 Nil
Subtractthe number of fully paid ordinary securities cancelled during that 12 month period	Nil
“A”	271,660,016

+See ch apter19ford efined term s.

Append ix3B Pag e 10

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Step 2: Calculate 15% of “A”
“B”	0.15 [Note: this value cannot be changed]
Multiply“A” by 0.15	40,749,002
Step 3: Calculate “C”, the amount of placement capacity under rule 7.1 that has already been used
Insertnumber of equity securities issued or agreed to be issued in that 12 month period not counting_those issued: • Under an exception in rule 7.2 • Under rule 7.1A • With security holder approval under rule 7.1 or rule 7.4 18 July 2012 Exercise of Options 12 December 2012 Placement 13 March 2013 Unlisted Options 29 May 2013 Issue of Shares _Note: • This applies to equity securities, unless specifically excluded – not just ordinary securities • Include here (if applicable ) the securities the subject of the Appendix 3B to which this form is annexed • It may be useful to set out issues of securities on different dates as separate line items	2 20,031,318 4,000,000 3,805,554
“C”	27,836,874
Step 4: Subtract “C” from [“A” x “B”] to calculate remaining placement capacity under rule 7.1
“A” x 0.15 Note: number must be same as shown in Step 2	40,749,002
Subtract“C” Note: number must be same as shown in Step 3	27,836,874
Total[“A” x 0.15] – “C”	12,912,128 [Note: this is the remaining placement capacity under rule 7.1]

+See ch apter19ford efined term s.

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Pa rt2

Rule 7.1A – Additional placement capacity for eligible entities

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----- Start of picture text -----

Step 1: Calculate “A”, the base figure from which the placement
capacity is calculated
“A” 271,660,016
Note: number must be same as shown in
Step 1 of Part 1
Step 2: Calculate 10% of “A”
“D” 0.10
Note: this value cannot be changed
Multiply “A” by 0.10 27,166,002
Step 3: Calculate “E”, the amount of placement capacity under rule
7.1A that has already been used
Insert number of equity securities issued or Nil
agreed to be issued in that 12 month period
under rule 7.1A
Notes:
• This applies to equity securities – not
just ordinary securities
• Include here – if applicable – the
securities the subject of the Appendix
3B to which this form is annexed
• Do not include equity securities issued
under rule 7.1 (they must be dealt with
in Part 1), or for which specific security
holder approval has been obtained
• It may be useful to set out issues of
securities on different dates as separate
line items
“E” Nil
----- End of picture text -----

+See ch apter19ford efined term s.

Append ix3B Pag e 12

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Step 4: Subtract “E” from [“A” x “D”] to calculate remaining placement capacity under rule 7.1A

Step 4: Subtract “E” from [“A” x “D”] to calculate remaining placement capacity under rule 7.1A	Step 4: Subtract “E” from [“A” x “D”] to calculate remaining placement capacity under rule 7.1A
“A” x 0.10 Note: number must be same as shown in Step 2	27,166,002
Subtract“E” Note: number must be same as shown in Step 3	Nil
Total[“A” x 0.10] – “E”	27,166,002 Note: this is the remaining placement capacity under rule 7.1A

+See ch apter19ford efined term s.

Append ix3B Pag e 13

01/08/2012