MCS SERVICES LIMITED — Capital/Financing Update 2015

Nov 9, 2015

10 November 2015

==> picture [137 x 104] intentionally omitted <==

Australian Securities Exchange ( ASX )

Level 40, Central Park

152-158 St George’s Terrace

Perth, WA 6000

HEAVILY OVERSUBSCRIBED $4.5m CAPITAL RAISING COMPLETED

Red Gum Resources Limited ( Company ) is pleased to announce the $4.5 million capital raise detailed in the prospectus dated 26 October 2015 ( Prospectus ) has been completed heavily oversubscribed with cleared funds on trust.

The Company is now in the process of working with ASX to obtain confirmation that the Company's securities will be reinstated to quotation in compliance with Chapters 1 and 2 of the ASX Listing Rules. Following receipt of this confirmation, the Company will be in a position to complete the acquisition of MCS and Intiga.

Further details regarding timing will be advised in due course.

For, and on behalf of, the Board of the Company,

==> picture [136 x 91] intentionally omitted <==

Josh Russell Puckridge

Executive Director

Red Gum Resources Limited

Mobile +61 (0) 452 440 100

Red Gum Resources Ltd ACN: 119 641 986 79 Angas Street Adelaide SA 5000