RIEDEL RESOURCES LIMITED — Capital/Financing Update 2015

Aug 19, 2015

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Suite 1, 6 Richardson 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

20 August 2015

PLACEMENT OF FULLY PAID ORDINARY SHARES

Riedel Resources Limited (ASX: RIE) is pleased to announce the issue of 18,083,477 fully paid ordinary shares at an issue price of $0.005 per share to raise $90,417.38 from an unrelated sophisticated investor. A placement fee of 5% ($4,520.87) will be paid to the facilitator, Oracle Securities Pty Ltd.

The securities are issued without disclosure and using the Company’s existing 15% placement capacity under ASX Listing Rule 7.1.

Proceeds from the placement will provide working capital.

In accordance with the requirements of section 708A(6) Corporations Act 2001 (Cth) (“Corporations Act”), Riedel notifies ASX that:

• (a) the Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;

• (b)

• (c)

  • this notice is being given under section 708A(5)(e) of the Corporations Act;

  • as at the date of this notice, Riedel has complied with:

    • (i) the provisions of chapter 2M of the Corporations Act as they apply to he Company; and

    • (ii) section 674 of the Corporations Act; and

• (d) as at the date of this notice, there is no information that is “excluded information” required to be set out in this notice by virtue of sections 708A(7) and 708A(8) of the Corporations Act.

Jeffrey Moore Managing Director Riedel Resources Limited

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