DREADNOUGHT RESOURCES LTD — Capital/Financing Update 2015

May 20, 2015

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Tychean Resources Ltd

ACN 119 031 864

Supplementary Prospectus

This is a supplementary prospectus ( Supplementary Prospectus ) intended to be read with the prospectus dated 6 May 2015 ( Prospectus ), issued by Tychean Resources Limited (ACN 119 031 864) ( Company ).

This Supplementary Prospectus is dated 20 May 2015. A copy of this Supplementary Prospectus was lodged with ASIC on that date. ASIC takes no responsibility as to the contents of this Supplementary Prospectus.

Other than as set out below, all details in relation to the Prospectus remain unchanged. Terms and abbreviations defined in the Prospectus have the same meaning in this Supplementary Prospectus. If there is a conflict between the Prospectus and this Supplementary Prospectus, this Supplementary Prospectus will prevail.

This document is important and requires your immediate attention. It should be read in its entirety. If after reading this document you are in doubt as to the course you should follow, you should consult your stockbroker, accountant or other independent professional adviser.

Tychean Resources Limited Supplementary Prospectus

1. Reason for this Supplementary Prospectus

The purpose of this Supplementary Prospectus is to amend the Prospectus in relation to ASX listing.

2. Amendment to the Prospectus

ASX listing (Section 1.10 of the Prospectus)

Section 1.10 of the Prospectus is amended by replacing the second and third paragraphs of Section 1.10 with the following:

“If the New Securities are not admitted to quotation on the ASX within three months after the Prospectus Date, none of the New Securities offered under this Prospectus will be issued and allotted and all application monies will be refunded.”

3. Directors’ authorisation

This Supplementary Prospectus is issued by the Company and its issue has been authorised by a resolution of the Directors.

In accordance with section 720 of the Corporations Act, each Director has consented to the lodgement of this Supplementary Prospectus with ASIC.