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ARDEA RESOURCES LIMITED Share Issue/Capital Change 2019

Jan 24, 2019

64421_rns_2019-01-24_ee72a14e-89c1-4232-aaca-2a798b329c02.pdf

Share Issue/Capital Change

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ABN 30 614 289 342 Registered and Business Office Suite 2, 45 Ord Street West Perth WA 6005 Australia Tel: +61 8 6244 5136 Email: [email protected]

RELEASE OF SECURITIES FROM ESCROW

25 January 2019

The Company wishes to advise that the following Fully Paid Ordinary Shares and Options will be released from Escrow on 9 February 2019.

Security description Release Date Number
Ordinary Fully Paid Restricted 9 February 2019 5,050,551
Option Expiring 09-FEB-2020 Restricted 9 February 2019 12,310,022

Following the Escrow release date, the Company will apply for listing on ASX of the Fully Paid Ordinary Shares.

The Options will remain Unlisted and are exercisable at an Option Exercise Price of 25 cents each any time prior to 9 February 2020.

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Sam Middlemas Company Secretary

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