RIEDEL RESOURCES LIMITED — Capital/Financing Update 2015

Apr 30, 2015

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

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

1 May 2015

EXPIRY OF OPTIONS

Riedel Resources Limited (ASX:RIE) ( Company ) advises that 1,712,333 Options at an exercise price of $0.10 expired on 30 April 2015.

The Company’s remaining securities are as follows:-

Quoted: 151,020,586 Fully Paid Ordinary Shares

Unquoted: 9,333,329 Options – expiry 31.01.2016 10,000,000 Options – expiry 31.12.2016 23,728,195 Options – expiry 31.12.2017 1,250,000 Options – expiry 31.01.2018 400,000 Convertible Notes

Exercise Price - $0.15 Exercise Price - $0.052 Exercise Price - $0.011 Exercise Price - $0.15

Jeffrey Moore Managing Director Riedel Resources Limited

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