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RAIDEN RESOURCES LIMITED Board/Management Information 2010

May 2, 2010

65675_rns_2010-05-02_be9acd7c-baa9-4ae2-91ef-83e57ce0b8dd.pdf

Board/Management Information

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----- Start of picture text ----- SHELLVILLAGES AND RESORTS LIMITEDABN 68 009 161 522----- End of picture text -----

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Suite 20, Level 3, 72 Pitt Street Sydney NSW 2000

3 MAY 2010

RESIGNATION OF DIRECTORS

SVC advises that the new Board has formally accepted the resignations of Rohan Kerr non executive Director and the former Managing Director Corey Budd.

These resignations were accepted after the Company had conducted extensive financial due diligence after the resignations were tabled at the adjourned Board Meeting on 24[th] April 09. The completion of the due diligence was a condition upon which the Company could appoint replacement Directors.

Boris Patkin Director [email protected]

Address for all mail: GPO Box 5188 Sydney NSW 2001 Australia Tel: +61412224225 Fax: +612 9232 8816