RAIDEN RESOURCES LIMITED — Share Issue/Capital Change 2022

Apr 28, 2022

Application for quotation of +securities

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Announcement Summary

Entity name

RAIDEN RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

Friday April 29, 2022

The +securities to be quoted are:

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Other

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
RDN	ORDINARY FULLY PAID	38,326,654	29/04/2022

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

RAIDEN RESOURCES LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ABN

Registration number 68009161522

1.3 ASX issuer code

RDN

1.4 The announcement is

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New announcement

1.5 Date of this announcement

29/4/2022

Application for quotation of +securities

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

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Other

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

2.3c Have these +securities been offered under a +disclosure document or +PDS? No

2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

The Company released a 3B on the 2 November 2021 and announcement https://www.asx.com.au/asxpdf/20211102/pdf/ 452hc5h54b6ygr.pdf

RDN executed a purchase agreement with Gold Bull Resources Corp to acquire the 100% capital of Zelenrok EOOD the Company that has the rights to the Zlatusha and Kalabak projects and exclusive rights to the Draka mineral exploration application

2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of:

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The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)

Application for quotation of +securities

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Application for quotation of +securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B Additional +securities to be quoted in an existing class ASX +security code and description RDN : ORDINARY FULLY PAID Issue date 29/4/2022 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Issue details Number of +securities to be quoted 9,268,852 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities Sale and Purchase Agreement with Gold Bull Resources Corp refer to https://www.asx.com.au/asxpdf/20211102/pdf/452h c5h54b6ygr.pdf Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 250,000.000000 Any other information the entity wishes to provide about the +securities to be quoted The purpose(s) for which the entity is issuing the securities To pay for the acquisition of an asset Please provide additional details A$250,000 equivalent of RDN ordinary shares for the first deferred consideration shares.

Additional +securities to be quoted in an existing class

Application for quotation of +securities

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Application for quotation of +securities

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ASX +security code and description RDN : ORDINARY FULLY PAID

Issue date 29/4/2022 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Issue details

Number of +securities to be quoted 29,057,802

Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities Sale and Purchase Agreement with Gold Bull Resources Corp refer to https://www.asx.com.au/asxpdf/20211102/pdf/452h c5h54b6ygr.pdf Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 750,000.000000

Any other information the entity wishes to provide about the +securities to be quoted

The purpose(s) for which the entity is issuing the securities

To pay for the acquisition of an asset

Please provide additional details A$750,000 equivalent of RDN ordinary shares for the second deferred consideration shares.

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

	Total number of
ASX +security code and description	+securities on issue
RDN : ORDINARY FULLY PAID	1,413,653,958
RDNO : OPTION EXPIRING 31-DEC-2023	50,000,000

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
RDNAH : PERFORMANCE RIGHTS	73,000,000
RDNAC : PERFORMANCE SHARES	200,000,000

Application for quotation of +securities

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Application for quotation of +securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?

38,326,654

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No

Application for quotation of +securities

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