RAIDEN RESOURCES LIMITED — Interim / Quarterly Report 2018

Jul 30, 2018

Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report

-+Rule 5.5

Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report

introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10, 01/05/13, 01/09/16

Name of entity

RAIDEN RESOURCES LIMITED (RDN)

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----- Start of picture text ----- ABN Quarter ended ( Current quarter )66 009 161 522 30 JUNE 2018Consolidated statement of cash flowsCurrent Year to datequarter (12 Months)$A'000 $A'0001. Cash flows from operating activities1.1 Receipts from customers - -1.2 Payments for: - -(a) exploration and evaluation (138) (311)(b) development - -(c) production - -(d) staff costs and board remuneration (27) (76)(e) administration and corporate costs (115) (291)1.3 Dividends received (see note 3) - -1.4 Interest received 3 51.5 Interest and other costs of finance paid - -1.6 Income taxes paid - -1.7 Research and development refunds - -1.8 Other: In current quarter includes receipts from other parties for 48 (402)shared costs for previous quarter and VAT received. In YTD also includes oneoff expenses associated with reinstatement.1.9 Net cash from / (used in) operating activities (229) (1,075)2. Cash flows from investing activities2.1 Payments to acquire: - -(a) property, plant and equipment - (21)(b) tenements (see item 10) - -(c) investments - -(d) other non-current assets - -2.2 Proceeds from disposal of: - -(a) property, plant and equipment(b) tenements (see item 10) - -(c) investments - -(d) other non-current assets - -2.3 Cash flows from loans to other entities - -2.4 Dividends received - -2.5 Other – cash on acquisition - 5,1422.6 Net cash from / (used in) investing activities - 5,121----- End of picture text -----

• See chapter 19 for defined terms 1 September 2016

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Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report

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----- Start of picture text ----- Current Year to dateConsolidated statement of cash flows quarter (12 Months)$A'000 $A'0003. Cash flows from financing activities3.1 Proceeds from issues of shares - -3.2 Proceeds from issue of convertible notes - -3.3 Proceeds from exercise of share options - -3.4 Transaction costs related to issues of shares, convertible notes or options - (346)3.5 Proceeds from borrowings - 643.6 Repayment of borrowings - -3.7 Transaction costs related to loans and borrowings - -3.8 Dividends paid - -3.9 Other (provide details if material) - -3.10 Net cash from / (used in) financing activities - (282)4. Net increase / (decrease) in cash and cash equivalents for the period4.1 Cash and cash equivalents at beginning of quarter/year to date 3,994 -4.2 Net cash from / (used in) operating activities (item 1.9 above) (229) (1,075)4.3 Net cash from / (used in) investing activities (item 2.6 above) - 5,1214.4 Net cash from / (used in) financing activities (item 3.10 above) - (282)4.5 Effect of movement in exchange rates on cash held (16) (15)4.6 Cash and cash equivalents at end of quarter 3,749 3,7495. Reconciliation of cash and cash equivalents Current Previousat the end of the quarter (as shown in the consolidated statement of quarter quartercash flows) to the related items in the accounts $A'000 $A'0005.1 Bank balances 3,749 3,9945.2 Call deposits - -5.3 Bank overdrafts - -5.4 Other – Funds held in trust - -5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above) 3,749 3,994Current6. Payments to directors of the entity and their associatesquarter$A'0006.1 Aggregate amount of payments to these parties included in item 1.2 466.2 Aggregate amount of cash flow from loans to these parties included in item 2.3 -6.3 Include below any explanation necessary to understand the transactions included in items 6.1 and 6.2Payment for Non-Executive Director fees and Geo Consulting FeesCurrent7. Payments to related entities of the entity and their associatesquarter$A'0007.1 Aggregate amount of payments to these parties included in item 1.2 and 1.8 407.2 Aggregate amount of cash flow from loans to these parties included in item 2.3 -7.3 Include below any explanation necessary to understand the transactions included in items 7.1 and 7.2Payment to Company associated with Directors for Company Secretarial and Accounting work and Managementfee.----- End of picture text -----

• See chapter 19 for defined terms 1 September 2016

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Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report

8.	Financing facilities availableAdd notes as necessary for an understanding of the position	Total facilityamount atquarter end$A'000	Amountdrawn atquarter end$A'000
8.1	Loan facilities	-	-
8.2	Credit standby arrangements	-	-
8.3	Other (please specify)	-	-
8.4	Include below a description of each facility above, including the lender, interest rate and whether it is
	secured or unsecured. If any additional facilities have been entered into or are proposed to be entered
	into afterquarter end, include details of those facilities as well.

Nil

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----- Start of picture text ----- 9. Estimated cash outflows for next quarter $A'0009.1 Exploration and evaluation 9389.2 Development -9.3 Production -9.4 Staff costs 279.5 Administration and corporate costs 2149.6 Other – one off reinstatement payments including legal fees and capital raising costs -9.7 Total estimated cash outflows 1,179Tenement reference and Nature of Interest at Interest at10. Changes in tenementslocation interest beginning end of(items 2.1(b) and 2.2(b) above)of quarter quarter%* %10.1 Interests in mining tenements Niland petroleum tenementslapsed, relinquished orreduced10.2 Interests in mining tenements Niland petroleum tenementsacquired or increased----- End of picture text -----

Compliance statement

1. This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.

2. This statement gives a true and fair view of the matters disclosed.

Signed: Dated: 31 July 2018 Company Secretary

Print name: Kyla Garic

• See chapter 19 for defined terms 1 September 2016

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Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report

Notes

1. The quarterly report provides a basis for informing the market how the entity's activities have been financed for the past quarter and the effect on its cash position. An entity that wishes to disclose additional information is encouraged to do so, in a note or notes included in or attached to this report.

2. If this quarterly report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report. If this quarterly report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standards apply to this report.

3. Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity.

• See chapter 19 for defined terms 1 September 2016

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