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DREADNOUGHT RESOURCES LTD Share Issue/Capital Change 2020

Oct 29, 2020

64785_rns_2020-10-29_532da248-dd23-41ef-822f-462057fabd3b.pdf

Share Issue/Capital Change

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30 October 2020

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ISSUE OF PLACEMENT SHARES– S708A CLEANSING NOTICE

Dreadnought Resources Limited (“ Dreadnought ” or “ the Company ”) is pleased to advise that the placement announced to the market on 22 October 2020 has been finalised today and 125,000,000 fully paid ordinary shares have been issued at $0.028 per share to raise $3,500,000 (before costs). The shares have been issued to unrelated sophisticated investors using the Company’s capacity under Listing Rule 7.1 (119,610,442 fully paid ordinary shares) and Listing Rule 7.1A (5,389,558 fully paid ordinary shares). Shaw and Partners acted as Lead Manager on the raising.

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

Ends

For further information please contact:

Dean Tuck Jessamyn Lyons Managing Director Company Secretary Dreadnought Resources Limited Dreadnought Resources Limited E:[email protected] E:[email protected]

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

Dreadnought Resources Limited Suite 5, 16 Nicholson Road, Subiaco WA 6008 Telephone: +61 (0) 428 824 343 Postal Address: PO Box 572 Floreat 6014

ASX Code : DRE [email protected] www.dreadnoughtresources.com.au