RAIDEN RESOURCES LIMITED — Capital/Financing Update 2023

Mar 29, 2023

Market Announcement

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30 March 2023

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Raiden Resources Limited (ASX: RDN) – Trading Halt

Description

The securities of Raiden Resources Limited (‘RDN’) will be placed in trading halt at the request of RDN, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Monday, 3 April 2023 or when the announcement is released to the market.

Issued by

Scarlette de Lavaine

Adviser, Listings Compliance

Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au

30 March 2023 ASX Limited

30 March 2023

Mr Damien Dinelli ASX Operations Level 40, Central Park 152-158 St George’s Terrace Perth WA 6000

By email: tradinghaltsperth@asx.com.au

Dear Damien,

TRADING HALT REQUEST

In accordance with ASX Listing Rule 17.1, Raiden Resources Limited (ASX:RDN) (Company) requests a trading halt of the Company’s securities;

The Company advises that:

1. the trading halt is requested pending an announcement of a proposed capital raise and pending an announcement relating to a Mineral Resource on the Mt Sholl Project;

2. the trading halt is requested to commence pre-market open on Thursday 30 March 2023;

3. it anticipates the trading halt will remain in place until the earlier of the commencement of trading on Monday, 3 April 2023, or the release of an announcement;

4. the event which the Company expects will end the trading halt is the announcement referred to in paragraph 1 above;

5. the Company is not aware of any reason why the trading halt request should not be granted.

Yours faithfully,

KYLA GARIC

Company Secretary

RAIDEN RESOURCES LIMITED

P 08 6158 9990 F 08 6154 6447 Suite7, 63 Shepperton Rd, Victoria Park, WA Australia 6001 ABN 68 009 161 522