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RAIDEN RESOURCES LIMITED Capital/Financing Update 2021

Nov 7, 2021

65675_rns_2021-11-07_092656f7-3d4a-484a-a98c-647036d3c7c1.pdf

Capital/Financing Update

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Announcement Summary

Entity name

RAIDEN RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

Monday November 08, 2021

The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Total number of +securities to be quoted

ASX +securitycode Security description Number of +securities tobe quoted Issue date
RDN ORDINARY FULLY PAID 128,750,000 08/11/2021

Refer to next page for full details of the announcement

Part 1 - Entity and announcement details

1.1 Name of entity

RAIDEN RESOURCES LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type ABN

Registration number 68009161522

1.3 ASX issuer code RDN

1.4 The announcement is

New announcement

1.5 Date of this announcement

8/11/2021

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

Announcement Date andTime Announcement Title Selected Appendix 3B to submit quotationrequest
08-Nov-2021 08:51 Update - Update - Proposed issue ofsecurities - RDN A placement or other type of issue

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

  1. Issue of 1.8m performance shares (subject to shareholder approval)

  2. Issue of 50m listed options

  3. Issue of 40m fully paid ordinary shares

Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description RDN : ORDINARY FULLY PAID

Issue date 8/11/2021

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

Number of +securities held Number of holders Total percentage of +securities heldFor example, to enter a value of 50%please input as 50.00
1 - 1,000 %
1,001 - 5,000 %
5,001 - 10,000 %
10,001 - 100,000 %
100,001 and over %

Issue details

Number of +securities to be quoted125,000,000
Are the +securities being issued for a cash consideration?Yes
In what currency is the cash consideration being paid? What is the issue price per +security?
AUD - Australian Dollar AUD 0.02000000
Any other information the entity wishes to provide about the +securities to be quoted

The 125,000,000 fully paid ordinary shares are being issued without security holder approval as follows, 122,764,150 under entity's placement capacity under 7.1A and 2,235,850 fully paid ordinary shares to be issued under entity's placement capacity under 7.1.

The placement includes 1 listed option (new class of security) for every 2.5 fully paid ordinary shares subscribed, to be issued subsequently. Refer announcement released 02/11/2021.

ASX +security code and description

RDN : ORDINARY FULLY PAID

Issue date 8/11/2021

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

Number of +securities held Number of holders Total percentage of +securities heldFor example, to enter a value of 50%please input as 50.00
1 - 1,000 %
1,001 - 5,000 %
5,001 - 10,000 %
10,001 - 100,000 %
100,001 and over %

Issue details

Number of +securities to be quoted

3,750,000

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Settlement of 50% of broker fees in lieu of cash payment.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

75,000.000000

Any other information the entity wishes to provide about the +securities to be quoted

Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

ASX +security code and description Total number of+securities on issue
RDN : ORDINARY FULLY PAID 1,375,327,304

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

ASX +security code and description Total number of+securities on issue
RDNAH : PERFORMANCE RIGHTS 73,000,000
RDNAC : PERFORMANCE SHARES 200,000,000