KING RIVER RESOURCES LIMITED — Capital/Financing Update 2015

Mar 16, 2015

17 March 2015

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ASX Announcement

PRO-RATA NON-RENOUNCEABLE RIGHTS OFFER

The Board of King River Copper is very pleased to advise that the company has now received applications from the recent rights issue totaling 131,011,116 shares ($1,310,112).

The Company plans to move to allotment over the next 48 hours.

This high level of support places the Company in an excellent position to pursue the Copper / Gold exploration activities over 2015.

The exploration season will commence the week of March 21 with detailed IP surveys over the King River fault area and the Catto / Greys / Hayden / Chapman areas further to the North.

The results of these surveys will then be immediately followed up with RC drilling that is currently budgeted to commence the week of April 21.

Further details will be provided in our next Quarterly Report.

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254 Adelaide Tce Perth WA 6000

PO Box Z5518, Perth WA 6831

PHONE: +61 (0)8 9221 8055 FAX: +61 (0)8 9325 8088 WEB: www.kingrivercopper.com.au