RENASCOR RESOURCES LIMITED — Capital/Financing Update 2013

Oct 7, 2013

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ASX Announcement

8 October 2013

RENAISSANCE EXPANDS EASTERN EYRE PROJECT

HIGHLIGHTS

• Renaissance consolidates holding in southern portion of Olympic Dam iron-oxide, copper-gold-uranium (IOCGU) belt with option to acquire 100% interest in extensive tenement holdings immediately north and east of Eastern Eyre Project

• Newly optioned ground contains northern extension of Roopena Fault zone from current project area, where Renaissance’s recently completed drill program has identified an extensive sulphide mineralised zone at the 1050 East prospect (see Figure 1)

• Initial work program at newly optioned tenements will include geophysical surveys to delineate and prioritise IOCGU targets proximate to Roopena Fault zone

• Drilling of prospective targets that may be identified on newly acquired ground expected to be included as part of follow-up drill programs in wider project area later this year

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Figure 1. Renaissance’s Eastern Eyre Project, showing Roopena Fault zone in relation to existing tenements (and targets) and newly optioned tenements (and targets) (in bright yellow)

ACN 135 531 341 36 North Terrace, Kent Town, SA 5067 Phone: +61 8 8363 6989 • Fax: +61 8 8363 4989 Email: info@renaissanceuranium.com.au

ASX code: RNU www.renaissanceuranium.com.au

Renaissance Uranium Limited (ASX: RNU) is pleased to announce that it has entered an agreement with Currie Resources Pty Ltd (Currie) that grants Renaissance an option to acquire 100% of two exploration licences, subject to the final grant of the licences to Currie. The tenements, which are currently under application to Currie, cover an extensive area immediately north and east of Renaissance’s Eastern Eyre Project in the southern portion of the Olympic Dam IOCGU belt. The newly optioned ground covers 314 km[2 ] and contains, in particular, an extension of the Roopena Fault zone from Renaissance’s current project area into the northern block of the newly optioned ground. See Figure 1. To the south of this area, Renaissance has identified multiple untested IOCGU drill targets from historical drilling and recently completed gravity and airborne EM surveys over areas proximate to the Roopena Fault zone. Renaissance recently completed an initial drill program testing a limited number of these targets. At the 1050 East prospect, Renaissance’s drilling intersected an extensive sulphide mineralised zone. See RNU ASX release of 30 September 2013. Renaissance considers the newly optioned ground to offer similar prospects for high value deposits.

Renaissance’s Managing Director David Christensen commented that the option agreement was an important addition to Renaissance’s Eastern Eyre Project.

This is a strategically important consolidation of our position in the southern portion of the Olympic Dam IOCGU belt. We have already identified some impressive targets in our existing tenements, and our initial drilling has confirmed the prospectivity of the project area, and in particular, the Roopena Fault zone. We believe that the Currie ground offers excellent prospects as we step up our drilling later this year.

Under the terms of the agreement, Renaissance has agreed to pay Currie $25,000 and issue 500,000 Renaissance shares in exchange for a two-year option, during which time Renaissance will manage and fund all exploration within the optioned areas. Renaissance may exercise the option, at its election, at any time up to two years from the date of award of the exploration licences by issuing Currie cash or shares equal in value to $175,000, less the value of the 500,000 Renaissance shares provides as initial consideration.

Renaissance expects to commence exploration activities over the newly acquired areas in the current calendar year. The planned initial work program will include geophysical surveying over the northern extension of the Roopena Fault zone to delineate and prioritise IOCGU targets. Renaissance expects to commence drilling of prospective targets that may be identified on the newly acquired ground as part of subsequent programs within the Eastern Eyre Project area.

COMPETENT PERSON STATEMENT

THE EXPLORATION RESULTS REPORTED HEREIN, INSOFAR AS THEY RELATE TO MINERALISATION, ARE BASED ON INFORMATION COMPILED BY MR. G.W.MCCONACHY (FELLOW OF THE AUSTRALASIAN INSTITUTE OF MINING AND METALLURGY) WHO IS A DIRECTOR OF RENAISSANCE. MR. MCCONACHY HAS SUFFICIENT EXPERIENCE RELEVANT TO THE STYLE OF MINERALISATION AND TYPE OF DEPOSITS BEING CONSIDERED TO QUALIFY AS A COMPETENT PERSON AS DEFINED BY THE 2004 EDITION OF THE AUSTRALASIAN CODE FOR REPORTING OF EXPLORATION RESULTS, MINERAL RESOURCES AND ORE RESERVES (THE JORC CODE, 2004 EDITION). MR. MCCONACHY CONSENTS TO THE INCLUSION IN THE REPORT OF THE MATTERS BASED ON HIS INFORMATION IN THE FORM AND CONTEXT IN WHICH IT APPEARS.

BACKGROUND INFORMATION

Renaissance Uranium is an Australian-based company focused on the discovery and development of economically viable deposits containing copper, gold, uranium and other minerals. Renaissance has an extensive tenement portfolio, holding interests in ten projects in the key mineral provinces of South Australia and the Northern Territory.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Mr David Christensen Mr Angelo Gaudio

Managing Director Company Secretary +61 8 8363 6989 info@renaissanceuranium.com.au

ACN 135 531 341 36 North Terrace, Kent Town, SA 5067 Phone: +61 8 8363 6989 • Fax: +61 8 8363 4989 Email: info@renaissanceuranium.com.au

ASX code: RNU www.renaissanceuranium.com.au

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