RAIDEN RESOURCES LIMITED — Capital/Financing Update 2022

Nov 21, 2022

Announcement Summary

Entity name

RAIDEN RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

Tuesday November 22, 2022

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 +security code	Security description	Number of +securities to be quoted	Issue date
RDNOA	OPTION EXPIRING 30-NOV-2024 DEFERRED	155,000,000	22/11/2022

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

22/11/2022

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 and Time	Announcement Title	Selected Appendix 3B to submit quotation request
02-Aug-2022 09:58	New - Proposed issue of securities - 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? No

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

RDNOA : OPTION EXPIRING 30-NOV-2024 DEFERRED

Issue date

22/11/2022

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 held For 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

86,000,000

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Free attaching options to Participants of the August placement https://www.asx.com.au/asxpdf/20220802/pdf/45cgjmj7md hp5j.pdf

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

86,000.000000

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

Issue of August'22 placement options. Approved at General Meeting on 4 October 2022.

ASX +security code and description

RDNOA : OPTION EXPIRING 30-NOV-2024 DEFERRED

Issue date

22/11/2022

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 held For 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

69,000,000

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Part consideration for services by Lead Manager/ Broker

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

69,000.000000

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

Broker options of 45 million and Lead Manager Options of 24 million https://www.asx.com.au/asxpdf/20220802/pdf/45cgj mj7mdhp5j.pdf

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	1,632,442,132
RDNO : OPTION EXPIRING 31-DEC-2023	50,000,000
RDNOA : OPTION EXPIRING 30-NOV-2024 DEFERRED	481,488,426

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	75,000,000