RAIDEN RESOURCES LIMITED — Share Issue/Capital Change 2021

Feb 18, 2021

19 February 2021

The Manager Company Announcements Office ASX Limited Level 6, 20 Bridge Street SYDNEY NSW 2000

NOTICE UNDER SECTION 708A(5)(e) OF THE CORPORATIONS ACT

Raiden Resources Limited (ASX: RDN) ( Company ) confirms that today it issued fully paid ordinary shares ( Shares ) to the following parties, subject to a voluntary 6 month holding lock:

• (a) 129,721,250 Shares to Pacton Gold Inc; and

• (b) 207,778,750 Shares to the vendors of Pilbara Gold Corporation Pty Ltd.

In respect of these Share issues, the Company gives notice pursuant to section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ) that:

1. the Company issued the Shares without disclosure under Part 6D.2 of the Corporations Act; and

2. as at the date of this notice, the Company has complied with:

   • (c) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

   • (d) section 674 of the Corporations Act; and

3. as at the date of this notice, there is no information to be disclosed which is excluded information (as defined in section 708A(7) of the Corporations Act) that is reasonable for investors and their professional advisers to expect to find in a disclosure document.

This notice is authorised for ASX release by the Board of Raiden Resources Limited.

Yours faithfully,

KYLA GARIC

Company Secretary

RAIDEN RESOURCES LIMITED

P 08 6158 9990 F 08 6268 4926 108 Outram Street, West Perth WA Australia 6005