DREADNOUGHT RESOURCES LTD — Share Issue/Capital Change 2021

Nov 29, 2021

==> picture [149 x 85] intentionally omitted <==

30 November 2021

S708 Cleansing Notice

Dreadnought Resources Ltd ( Dreadnought or the Company , ASX: DRE) advises that 750,000 ordinary fully paid shares ( Shares ) have been issued to the vendor of the historical Diamond’s Gold Mine at the Company’s Mangaroon Project. The issue of the shares is settlement for the acquisition of the E09/2359 tenement as per the announcement to the market on 14 October 2021. The Company has also issued a total of 2,571,429 ordinary fully paid shares to the Directors via the placement as announced to the market on 14 September 2021. The issue of the shares was approved by shareholders at the Annual General Meeting on 24 November 2021.

The Company relies on section 708A of the Corporations Act 2001 (Cth) (the Act) in relation to the Issue.

In accordance with section 708A(5)(e) of the Act the following information is provided:

1. This notice is being given within five (5) business days after the day of Issue;

2. The Issue was made without disclosure to investors under Part 6D.2 of the Act;

3. This notice is given under section 708A(5)(e) of the Act;

4. As at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and section 674 of the Act; and

5. As at the date of this notice, there is no excluded information to be provided in accordance with section 708A(6)(e) of the Act.

The release of the associated Appendix 2A for the issue will follow this cleansing notice.

On behalf of the Board,

Jessamyn Lyons

Company Secretary

Dreadnought Resources Ltd

Ends

For further information please contact:

Dean Tuck Jessamyn Lyons Managing Director Company Secretary Dreadnought Resources Limited Dreadnought Resources Limited E:dtuck@dreadnoughtresources.com.au E:jlyons@dreadnoughtresources.com.au

This announcement is authorised for release to the ASX by the Board of Dreadnought.

Dreadnought Resources Limited Suite 6, 16 Nicholson Road, Subiaco WA 6008 PO Box 1240, West Perth WA 6872

www.dreadnoughtresources.com.au

info@dreadnoughtresources.com.au

+61 (0) 428 824 343