RAIDEN RESOURCES LIMITED — Capital/Financing Update 2013

May 22, 2013

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ASX Announcement

Thursday 23 May 2013

SubZero awarded $2 million Mining Service contract

SubZero Group Limited (SZG), has been awarded a new contract for dozer push works at BHP Billiton’s Mt Arthur Coal mine.

The contract will run for approximately four months with the possibility of a 12 month extension. The initial contract will add $2m in sales revenue.

The contract will be delivered by SubZero’s Mining Service division that provides an extensive range of mining equipment and machinery, available for wet or dry hire on a 24/7 basis.

Mr Scott Farrell, SubZero’s Managing Director, commented on the contract:

“SubZero has been hiring equipment and machinery to mining companies for more than 10 years and is pleased to win this contract as a newly listed entity. We look forward to being able to value add to BHP Billiton’s Mt Arthur Coal operations.”

ENDS

For further information:

Jacalyn McIntosh – 0417 096 502 Marketing & Investor Relations SubZero Group Limited

About SubZero Group Limited

The SubZero Group carries on an established and profitable mining service business based in the Hunter Valley, New South Wales. Its clients are almost exclusively involved in the Hunter Valley thermal coal mining industry. SubZero Group’s services include mining project support, equipment hire, offsite engineering and fabrication, onsite machining, field services and heavy machinery repairs. SubZero has a presence in over 25 coal mines and over 90 clients including Rio Tinto, BHP Billiton and Xstrata. Further information can be found at the SubZero website: http://subzeroservices.com.au/

SubZero Group Limited ABN 68 009 161 522 PO Box 561 Muswellbrook NSW 2333 | P: 02 6540 9400 | F: 02 6540 9444 www.subzeroservices.com.au