DREADNOUGHT RESOURCES LTD — Capital/Financing Update 2015

Aug 16, 2015

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Australian Securities Exchange Announcement

17 August 2015

Manager ASX Market Announcements ASX Limited 20 Bridge Street SYDNEY NSW 2000

Lapse of Performance Rights

Tychean Resources Limited advises that the following unquoted performance rights ( Rights ) have lapsed due to the cessation of employment:

NUMBER	EXPIRY DATE
10,000,000	1 January 2016

Following expiry of the Rights, the capital structure is as follows:

CLASS	NUMBER
Fully paid ordinary shares	2,506,582,518
Quoted options exercisable at $0.004 on or before 4 June 2016	167,699,726

Justin Nelson Company Secretary

Tychean Resources Limited ACN 119 031 864 | Level 3, 100 Pirie Street, Adelaide SA 5000 | Phone 61 8 7324 3195| Fax 61 8 8312 5576| Email info@tycheanresources.com | web www.tycheanresources.com