RIEDEL RESOURCES LIMITED — Capital/Financing Update 2014

Jun 12, 2014

==> picture [156 x 65] intentionally omitted <==

Suite 1, 45 Ord Street West Perth Western Australia 6005 Tel: +61 8 9226 0866 Fax: +61 8 9486 7375 PO Box 1559, West Perth Western Australia 6872 www.riedelresources.com.au ABN: 91 143 042 022 ASX: RIE, RIEO

13 June 2014

CONVERTIBLE NOTES - EXTENSION OF REDEMPTION DATE/REVISED TERMS

Riedel Resources Limited (ASX: RIE) confirms that it has agreed with its Convertible Noteholders to amend the redemption date of the Convertible Notes from 30 June 2014 to 30 June 2015 on the terms as announced on 3 June 2014.

A general meeting of shareholders will be scheduled within 60 days of today’s date for the issue of Conversion Shares and Options.

Jeff Moore Managing Director Riedel Resources Limited

==> picture [65 x 104] intentionally omitted <==