RAIDEN RESOURCES LIMITED — Capital/Financing Update 2025

Oct 6, 2025

ASX RELEASE | 7 October 2025

CORPORATE STRATEGY UPDATE

Raiden Resources Limited (ASX: RDN) (“Raiden” or “the Company”) is pleased to provide an update on the Company’s corporate strategy.

QUICK STATS ASX Code: RDN

DAX Code: YM4

Consistent with the Company’s previously announced Corporate Strategy[1] , Raiden has maintained a disciplined focus on the potential acquisition of gold and copper opportunities. Over the previous several months, the Company has continued to screen potential opportunities across private and public markets, with several dozen progressing to detailed technical and commercial review. While no binding terms have been agreed and there is no certainty any transaction will proceed, a subset of these are at an advanced stage. The opportunities under consideration span district-scale greenfield exploration projects, advanced brownfield opportunities and through to near-term production projects.

Raiden continues to apply responsible treasury management and strict transaction discipline with the objective of preserving and enhancing shareholder value. Proposed acquisitions continue to be assessed for value accretion on a per-share-basis, with careful consideration of funding mix, potential dilution and associated risks.

BOARD & MANAGEMENT

Non-Executive Chairman Mr Michael Davy

Managing Director Mr Dusko Ljubojevic

Non-Executive Director & Company Secretary Ms Kyla Garic

Chief Operating Officer Mr Sean Halpin

ASSET PORTFOLIO

AUSTRALIA Li, Au, Cu, Ni & PGE

BULGARIA

In parallel, Raiden continues to evaluate divestment and joint venture proposals on the assets held within its portfolio, which have the prospect of further enhancing the Company’s robust cash reserves.[2]

Cu, Au & Ag

The Company will update shareholders on progress in accordance with continuous disclosure obligations.

This ASX announcement has been authorised for release by the Board of Raiden Resources Limited.

We value your feedback and questions.

Engage directly with us by commenting on our latest announcements via InvestorHub. You can view and comment on this announcement here.

P 08 6158 9990 Suite 7, 63 Shepperton Road, Victoria Park, WA 6100 ABN 68 009 161 522

Page 1 of 3

ASX RELEASE | 7 October 2025

==> picture [468 x 98] intentionally omitted <==

FOR FURTHER INFORMATION PLEASE CONTACT

DUSKO LJUBOJEVIC

Managing Director

RAIDEN RESOURCES LIMITED

dusko@raidenresources.com.au

www.raidenresources.com.au

ASX Announcements referenced in this release

1 ASX:RDN 14 April 2025, “Strategy update - Positioning for Value and Growth.”

2 ASX:RDN 28 July 2025, “Quarterly Activities/Appendix 5B Cash Flow Report.”

Competent Person's and Compliance Statement

The information previously released to the ASX and referenced in footnotes 1-2 above relate to exploration results that have previously been released on the ASX. The Company confirms that it is not aware of any information or data that materially affects the information included in the market announcements, and that all material assumptions and technical parameters underpinning the announcements continue to apply. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements.

Disclaimer:

Forward-looking statements are statements that are not historical facts. Words such as “expect(s)”, “feel(s)”, “believe(s)”, “will”, “may”, “anticipate(s)”, “potential(s)”and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to statements regarding future production, resources or reserves and exploration results. All of such statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond the control of the Company, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include, but are not limited to: (i) those relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits and conclusions of economic evaluations, (ii) risks relating to possible variations in reserves, grade, planned mining dilution and ore loss, or recovery rates and changes in project parameters as plans continue to be refined, (iii) the potential for delays in exploration or development activities or the completion of feasibility studies, (iv) risks related to commodity price and foreign exchange rate fluctuations, (v) risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental approvals or in the completion of development or construction activities, and (vi) other risks and uncertainties related to the Company’s prospects, properties and business strategy. Investors are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof, and the Company does not undertake any obligation to revise and disseminate forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any events

Page 2 of 3

ASX RELEASE | 7 October 2025

About Raiden Resources

Raiden Resources Limited (ASX:RDN / DAX:YM4) is a dual listed base metal & gold exploration Company focused on identifying and discovering significant and economically attractive mineral deposits. Driven by a passion for unlocking discoveries that create shareholder value and the support of a strong corporate treasury, Raiden is committed to achieving exploration success.

The Company’s portfolio of projects includes the Andover South lithium project. The Company also holds the rights to the advanced Mt Sholl nickel-copper-cobalt-PGE and the Arrow gold projects in the Pilbara region of Western Australia. In addition, the Company holds the rights to multiple projects in the emerging and prolific Western Tethyan metallogenic belt in Eastern Europe, where it has established a significant exploration footprint in Bulgaria.

Page 3 of 3