KING RIVER RESOURCES LIMITED — Capital/Financing Update 2014

Jun 5, 2014

6 June 2014

The Companies Manager Australian Stock Exchange Level 8 Exchange Plaza 2 The Esplanade Perth WA 6000

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CAPITAL RAISING

King River Copper Limited (ASX: KRC) announces that it is completing arrangements for a capital raising of $600,000 at 12 cents per share for the issue of 5,000,000 shares and 2,000,000 options from sophisticated and professional investors. The options will be listed options with an exercise price of 20 cents and an expiry date of 30 June 2015.

Exploration diamond drilling commenced on Thursday 29 May and progresses within previously outlined budget expectations. This additional capital provides our Company with valuable flexibility to potentially expand the scope of the current Phase 1 drilling program, based on any observations, as well as providing the opportunity to introduce some new overseas shareholders to our register.

The funds will be used for exploration activities and working capital.

The shares and options will be issued upon completion of the documentation.

This announcement is the one referred to in the trading halt request made on 5 June 2014.

Yours faithfully

Greg MacMillan Company Secretary

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