DREADNOUGHT RESOURCES LTD — Share Issue/Capital Change 2020

Aug 4, 2020

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5 August 2020

CLEANSING NOTICE

Dreadnought Resources Limited (‘Dreadnought’ or ‘the Company’ ASX: DRE) is pleased to announce that 1,000,000 ordinary fully paid shares have been issued on the early exercise of options by Dreadnought’s Managing Director, Dean Tuck, and his associates. The options were exercisable at any time until 30 June 2024 at an exercise price of $0.005 per option.

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 associated Appendix 2A for the issue will follow this release.

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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 5, 16 Nicholson Road, Subiaco WA 6008 PO Box 572, Floreat WA 6014

www.dreadnoughtresources.com.au

info@dreadnoughtresources.com.au

+61 (0) 428 824 343