CANNINDAH RESOURCES LIMITED — Capital/Financing Update 2021

Nov 1, 2021

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ASX RELEASE

2 November 2021

ASX Code: CAE

Section 708A Cleansing Statement

Cannindah Resources Limited (Company) hereby provides notice to the ASX for the purposes of section 708A(5)(e) of the Corporations Act that it has issued 4,838,710 fully paid ordinary shares for a total consideration of $1,500,000 on 2 November 2021 pursuant to Listing Rule 7.1. The issue was made without disclosure to investors under Part 6D.2 of the Corporations Act.

The Company also states that as at the date of this notice:

• it has complied with the relevant provisions of Chapter 2M of the Corporations Act as they apply to the Company and Section 674 of the Corporations Act; and

• it is not aware of any excluded information within the meaning of Sections 708A(7) and 708A(8) of the Corporations Act.

Authorised for release by the Company Secretary

For further information, please contact:

Tom Pickett Executive Chairman Ph: 61 7 5557 8791