CANNINDAH RESOURCES LIMITED — Share Issue/Capital Change 2021

Apr 15, 2021

==> picture [191 x 69] intentionally omitted <==

ASX RELEASE

16 April 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 190,000,000 fully paid ordinary shares in full and final satisfaction of the secured loan owing to Aquis Finance Pty Ltd and its associates in accordance with a resolution passed at the Company’s EGM on 16 April 2021. The issues were 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 Board.

For further information, please contact:

Tom Pickett Executive Chairman Ph: 61 7 3357 3988