RAIDEN RESOURCES LIMITED — Share Issue/Capital Change 2023

Feb 7, 2023

Announcement Summary

Entity name

RAIDEN RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

Wednesday February 08, 2023

Details of +securities that have ceased

ASX +securitycode	Security description	Number of+securities thathave ceased	The +securities haveceased due to	Date ofcessation
RDNAC	PERFORMANCE SHARES	75,000,000	Expiry of option or otherconvertible security withoutexercise or conversion	08/02/2023

Refer to next page for full details of the announcement

Part 1 - Announcement Details

1.1 Name of +Entity

RAIDEN RESOURCES LIMITED

We (the entity named above) provide the following information about our issued capital.

1.2 Registered Number Type

ACN

Registration Number 009161522

1.3 ASX issuer code RDN

1.4 The announcement is

New announcement

1.5 Date of this announcement

8/2/2023

Part 2 - Details of +equity securities or +debt securities that have ceased

ASX +Security Code and Description

RDNAC : PERFORMANCE SHARES

Unquoted +equity securities that have ceased

Number of securities that have ceased

75,000,000

8/2/2023

Reason for cessation Expiry of option or other convertible security without exercise or conversion

Date of cessation

Is the entity paying any consideration for the cessation? No

Any other information the entity wishes to notify to ASX about the cessation?

RDN advises that the unlisted Performance Shares expired. Performance Shares were issued under the December 2017 Company Prospectus.

Part 3 - Issued capital following changes

Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise:

3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX)

ASX +security code and description	Total number of+securities on issue
RDN : ORDINARY FULLY PAID	1,654,582,457
RDNO : OPTION EXPIRING 31-DEC-2023	50,000,000
RDNOA : OPTION EXPIRING 30-NOV-2024	481,488,180

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

ASX +security code and description	Total number of+securities on issue
RDNAH : PERFORMANCE RIGHTS	73,000,000
RDNAC : PERFORMANCE SHARES	0

Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form.