RAIDEN RESOURCES LIMITED — Major Shareholding Notification 2023

Oct 9, 2023

DocuSign Envelope ID: 96A24E4A-E164-4A92-8A15-C7A37D6AF433

604 Page 3 of 3 15 July 2001

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Raiden Resources Limited ACN/ARSN ACN 009 161 522

1. Details of substantial holder (1)

Name Pacton Gold Inc. ACN/ARSN (if applicable) Not applicable

There was a change in the interests of the substantial holder on 02 / 10 / 2023 The previous notice was given to the company on 08 / 09 / 2023 The previous notice was dated 08 / 09 / 2023

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

	ate (2) had a relevant interesscheme, are as follows:	t (3) in when last required, and whe		n now required, to give a substantial ho			lding notice to th
Class of	securities (4)	Previous notice			Present notice
		Person’s votes	Voting p	ower(5)	Person’s votes		Voting power(5)
Fullyshares	paid ordinary (FPO)	164,035,075	7.16%		139,035,075		5.95%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of	Person whose	Nature of change (6)	Consideration	Class and number	Person's
change	relevant interest		given in relation to	of securities	votes
	changed		change (7)	affected	affected
22/09/2023	Pacton GoldInc.	Dilution inrelation toshare placement	Not applicable	Notapplicable	Notapplicable
25/09/2023	Pacton GoldInc.	Sale of shareson market	$122,628.00	4,000,000 FPO	4,000,000
28/09/2023	Pacton GoldInc.	Dilution inrelation to	Not applicable	Notapplicable	Notapplicable
		share placement
02/10/2023	Pacton GoldInc.	Sale of shareson market	$549,339.00	21,000,000FPO	21,000,000

DocuSign Envelope ID: 96A24E4A-E164-4A92-8A15-C7A37D6AF433

604 Page 3 of 3 15 July 2001

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of	Registered holder	Person entitled to be	Nature of relevant	Class and number	Person's votes
relevant	of securities	registered as holder	interest (6)	of securities
interest		(8)
			Relevant
PactonGold Inc.	HSBC CustodyNominees(Australia)Limited	HSBC CustodyNominees(Australia)Limited	interest heldby virtue ofsection 608(3)of theCorporations	139,035,075	139,035,075
			**Act 2001(Cth). **

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
Not applicable	Not applicable

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Pacton Gold Inc.	Suite	1680	-	200	Burrard St, Vancouver BC Canada

Signature

print name Nav Dhaliwal capacity President and director sign here date 09/10/2023

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

  • (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

  • (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

DocuSign Envelope ID: 96A24E4A-E164-4A92-8A15-C7A37D6AF433

604 Page 3 of 3 15 July 2001

• (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• 1. If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".

• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.