RIEDEL RESOURCES LIMITED — Capital/Financing Update 2025

Dec 21, 2025

ASX / Media Announcement 22 December 2025

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Results of Entitlement Offer

Riedel Resources Limited (ASX: R I E ) (“ Riedel ” or “ Company ”) is pleased to announce the results of its pro rata non-renounceable entitlement offer of new Shares to eligible shareholders to raise up to approximately $1.78 million (before costs) ( Entitlement Offer ).

Riedel provided the offer to all eligible shareholders who had a registered address in Australia and New Zealand (subject to the offer restrictions in the Information Booklet) the opportunity to participate in the Entitlement Offer on the basis of one (1) new fully paid ordinary share ( New Share ) for every two (2) Shares held at 5.00pm (AWST) on 1 December 2025 ( Record Date ) at an issue price of $0.025 per New Share.

The Entitlement Offer is non-renounceable, meaning that Eligible Shareholders will not be able to transfer their Entitlements pursuant to the Entitlement Offer. An information booklet in relation to the Entitlement Offer was lodged with the ASX on 25 November 2025 and was made available to Eligible Shareholders with a personalised Entitlement and Acceptance Form on 4 December 2025 ( Information Booklet ).

A total of 15,361,303 New Shares were taken up under the Entitlement Offer. In addition, 55,996,888 Shortfall Shares are to be placed by the Company’s Directors having regard to the allocation policy set out in Section 2.5 of the Information Booklet (as announced to the ASX on 25 November 2025). The Board has entered into a mandate with 708 Capital Pty Ltd to place the Shortfall Shares pursuant to the Entitlement Offer. A fee of up to 6% of the gross proceeds raised and 5 million unlisted options exercisable at $0.06 on or before 30 October 2028 at an issue price of $0.00001 per option will be provided to 708 Capital Pty Ltd (and/or its nominees).

The Company has therefore issued 15,361,303 New Shares on Monday 22 December 2025, in accordance with the indicative timetable for the Entitlement Offer.

The final allocation is set out in the table below:

	Funds Raised ($)
Details		Shares
	(before costs)
	$384,033	15,361,303
Entitlements taken up by Shareholders under the Entitlement Offer
Shortfall Shares to be placed by the Directors at their	$1,399,172	55,966,888
discretion
	$1,783,205	71,328,191
Total

Riedel Resources Limited Level 2, 480 Collins Street, Melbourne VIC 3000 admin@riedelresources.com.au | riedelresources.com.au T: + 61 3 9614 0600 | ABN: 91 143 042 022

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This release has been authorised by the Board of Riedel Resources Limited.

-ENDS-

For further information please contact:

Scott Cuomo – Chairman Riedel Resources Limited Level 2, 480 Collins Street, Melbourne VIC 3000 T: + 61 3 9614 0600 admin@riedelresources.com.au

About Riedel Resources Limited

Riedel Resources Limited is an emerging mineral exploration company focused on advancing the historic high-grade Kingman Gold Project in north-west Arizona, USA.

Further information can be found at the Company’s website www.riedelresources.com.au.

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