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REDSTONE RESOURCES LIMITED Capital/Financing Update 2024

Jan 9, 2024

65676_rns_2024-01-09_3f157c9f-2fd5-4ef6-8f2d-b815c03883cd.pdf

Capital/Financing Update

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10 January 2024

Company Announcements Office Australian Stock Exchange Limited 20 Bridge Street SYDNEY NSW 2000

RELEASE OF SHARES FROM ESCROW

Redstone Resources Limited ( ASX: RDS , Redstone or the Company ) advises that in accordance with ASX Listing Rule 3.10A, 12,500,001 fully paid ordinary shares held in the Company will be released from voluntary escrow ( Escrowed Shares ) on or after 10 January 2024.

The Escrowed Shares were issued as part consideration to secure an exclusive Option Agreement to acquire 100% of the Radisson East and Sakami Lithium Projects located in James Bay, Québec, Canada in July 2023.

This announcement has been authorised for release by Miranda Conti, Company Secretary, Redstone Resources Ltd.

For further information please contact:

Richard Homsany Miranda Conti Chairman Company Secretary Redstone Resources Limited Redstone Resources Limited +61 8 9328 2552 +61 8 9328 2552 [email protected] [email protected]

Redstone Resources Limited ABN 42 090 169 154 60 Havelock Street, West Perth WA 6005 Tel: 08 9328 2552

www.redstone.com.au Email: [email protected]