RIEDEL RESOURCES LIMITED — Capital/Financing Update 2017

Aug 9, 2017

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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

10 August 2017

Australian Securities Exchange Level 40, Central Park 152-158 St Georges Terrace PERTH WA 6000

DESPATCH OF RIGHTS ISSUE PROSPECTUS

Riedel Resources Limited (ASX: RIE) (“ Riedel ”) is pleased to announce that the Prospectus dated 2 August 2017 for the recently announced non-renounceable pro-rata rights issue of one share for every three held at a price of $0.015 per share, together with an offer of the shortfall to the general public, has been forwarded to eligible shareholders together with a personalised Entitlement and Acceptance Form.

The offers will open for the receipt of acceptances on 10 August 2017 and are scheduled to close at 5:00pm (WST) on 21 August 2017.

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Henko Vos Joint Company Secretary Riedel Resources Limited

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