RAIDEN RESOURCES LIMITED — Board/Management Information 2024

Sep 16, 2024

ASX RELEASE | 17 September 2024

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COMPANY BOLSTERS TECHNICAL TEAM AHEAD OF ANDOVER SOUTH DRILLING

Highlights

• Raiden has appointed Sean Halpin as a Chief Operating Officer

• Aaron Hawley appointed as acting project manager for the Andover South lithium campaign

• Mike Roche appointed as a geologist for the Andover South drilling program

• New appointments bring significant lithium exploration experience to the team, including previous lithium exploration experience within the Andover Complex, including on the Andover lithium deposit

• As the campaign advances management may make further appointments

Raiden Resources Limited (ASX: RDN DAX: YM4) (“Raiden” or “the Company”) is pleased to announce that is has made new technical appointments ahead of its imminent commencement of drilling on the Andover South lithium project in the Pilbara.

ASX CODE: RDN DAX CODE: YM4

BOARD & MANAGEMENT Non-Executive

Chairman

Mr Michael Davy

Managing Director Mr Dusko Ljubojevic

Non-Executive Director Mr Dale Ginn

Non-Executive Director & Company Secretary Ms Kyla Garic

Chief Operating Officer Mr Sean Halpin

ASSET PORTFOLIO

SERBIA

Cu & Au

Mr Dusko Ljubojevic, Managing Director of Raiden commented: “With these new appointments, the Company has significantly boosted its technical and operational capacity ahead of a highly active period. Our team has gained critical leadership and operational expertise, essential to unlocking the full potential of our projects, particularly within the Andover Complex. This includes valuable experience from the Andover lithium discovery itself, giving us confidence that the upcoming drilling program will be executed to the highest technical and safety standards.”

BULGARIA Cu, Au & Ag

AUSTRALIA Li, Au, Cu, Ni & PGE

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ASX RELEASE | 17 September 2024

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Staff and contractor appointments

Sean Halpin – Chief Operating Officer

A graduate of the Royal School of Mines in London, Sean Halpin's geological career spans some 36 years, both within Australia and overseas in Africa. His professional experience covers the entire mining value chain from grass-roots exploration, exploration drilling, resource development, open pit and underground mining together with senior corporate technical roles with a number of junior exploration companies. More recently Sean has managed a number of exploration and resource development programs for lithium, gold, base metals and iron ore in the Pilbara and Murchison regions of Western Australia, together with gold exploration in the Gawlor Craton in South Australia. Sean has particular strengths in leadership, safety management and the building of large multi-disciplinary teams, which has resulted in consistent delivery of operational, safety and commercial targets.

Aaron Hawley – Senior Project Consultant

Aaron’s exploration & mining experience spans 30 years and includes exploration of many early-stage “greenfield” projects, completing regional to detailed (prospect scale) mapping, designing and implementing sampling programs and follow-up drilling programs that have led to mineral discoveries. He has also completed investigations of more-established “brownfields” projects to identify the untested potential of mineral deposits, along with project appraisals in-general and due-diligence investigations.

Most recently Mr Hawley was involved in the discovery of the Andover Lithium Project, from initial mapping and sampling through to coordinating on ground resource drilling activities during his time at Azure Minerals.

Mike Roche – Geologist

After graduating from University College Dublin in 2019, Mr Mike Roche has spent 3 years working across Western Australia developing and honing his skills as an Exploration Geologist across many commodities including iron ore, nickel, copper, gold, REE's and lithium.

Most recently Mr Roche was engaged as an exploration geologist for Azure Minerals at the Andover Lithium Project, where he was able to identify previously unidentified Spodumene hosted outcrops from regional rock chip sampling and mapping programs.

Along with strong technical competencies in mapping, logging (core and RC), structural interpretation and mineralisation modes, he brings to Raiden Resources the experience and understanding of progressing a World-Class virgin lithium discovery into commercial development.

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ASX RELEASE | 17 September 2024

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This ASX announcement has been authorised for release by the Board of Raiden Resources Limited.

FOR FURTHER INFORMATION PLEASE CONTACT

DUSKO LJUBOJEVIC

Managing Director

RAIDEN RESOURCES LIMITED info@raidenresources.com.au

www.raidenresources.com.au

Disclaimer:

Forward-looking statements are statements that are not historical facts. Words such as “expect(s)”, “feel(s)”, “believe(s)”, “will”, “may”, “anticipate(s)”, “potential(s)”and similar expressions are intended to identify forwardlooking statements. These statements include, but are not limited to statements regarding future production, resources or reserves and exploration results. All of such statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond the control of the Company, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forwardlooking information and statements. These risks and uncertainties include, but are not limited to: (i) those relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits and conclusions of economic evaluations, (ii) risks relating to possible variations in reserves, grade, planned mining dilution and ore loss, or recovery rates and changes in project parameters as plans continue to be refined, (iii) the potential for delays in exploration or development activities or the completion of feasibility studies, (iv) risks related to commodity price and foreign exchange rate fluctuations, (v) risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental approvals or in the completion of development or construction activities, and (vi) other risks and uncertainties related to the Company’s prospects, properties and business strategy. Investors are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof, and the Company does not undertake any obligation to revise and disseminate forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any events.

About Raiden Resources

Raiden Resources Limited (ASX:RDN / DAX:YM4) is a dual listed lithium, base metal—gold exploration Company focused on the Andover North-South, Mt Sholl and Arrow lithium projects. The Company also holds the rights to the advanced Mt Sholl nickel-copper-cobalt-PGE and the Arrow gold projects in the Pilbara region of Western Australia. In addition, the Company holds the rights to multiple projects in the emerging and prolific Western Tethyan metallogenic belt in Eastern Europe, where it has established a significant exploration footprint in Serbia and Bulgaria.

The Directors believe the Company is well positioned to unlock value from this exploration portfolio and deliver a significant mineral discovery.

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