MOUNT RIDLEY MINES LIMITED — Capital/Financing Update 2017

Jan 4, 2017

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5 January 2017

Company Announcements Office, ASX Ltd

Expiry of Unlisted Options

Mount Ridley Mines Ltd (ASX: MRD ) (or “the Company ”) advises that the following options have expired unexercised:

Code		Expiry Date	Exercise Price	No. of Options
MRDAK	31	December 2016	$0.015	7,500,000
MRDAK	31	December 2016	$0.021	5,201,982

The total number of options remaining on issue is as follows:

	CodeExpiry DateExercise Price	No. of Options89,388,1005,000,000104,469,36610,000,000354,381,51522,500,000585,738,981
	MRDAK30 June 2017$0.025MRDAN31 March 2018$0.070MRDAK30 June 2019$0.030MRDAM31 August 2019$0.021MRDAL31 August 2019$0.0125MRDAK29 September 2019$0.015

For and on behalf of the board

Mr Ashley Hood

Managing Director

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MOUNT RIDLEY MINES LIMITED ABN / 93 092 304 964 Suite 1, 56 Kings Park Road, West Perth WA 6005 | PO Box 964, West Perth WA 6872