RAIDEN RESOURCES LIMITED — Capital/Financing Update 2017

Dec 12, 2017

13 December 2017

A.C.N 009 161 522 LIMITED

LODGES PROSPECTUS FOR $5M CAPITAL RAISE

A.C.N 009 161 522 Limited (to be renamed "Raiden Resources Limited") (the Company ) is pleased to confirm that it has lodged with ASIC a prospectus (Prospectus) for its offer to the public of 250 million shares at an issue price of $0.02 each to raise a total of $5 million (before costs) (Public Offer), as well as a number of secondary offers in connection with the Company’s proposed acquisition of Timok Resources Pty Ltd ( Proposed Acquisition ) .

The Company advises the Public Offer is expected to close on 9 January 2018 (unless closed prior). The directors of the Company encourage those that wish to invest in the Company to read the Prospectus carefully and lodge their Application Form as soon as possible after the opening date.

Completion of the Public Offer is a condition and key element to the Company’s Proposed Acquisition.

For more information regarding the Public Offer and the Proposed Acquisition, refer to the Company’s Prospectus and the announcement released to ASX on 24 November 2017.

Contact

For corporate matters, please contact joint corporate advisors:

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Faldi Ismail : +61 8 9486 7244 Email: faldi@otsana.com Email: enquiries@discoverycapital.com.au