RIEDEL RESOURCES LIMITED — Director's Dealing 2016

Sep 5, 2016

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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

6 September 2016

Updated Appendix 3X and Appendix 3Y

Riedel Resources Limited (ASX: RIE, “the Company”) advises that the options to purchase shares of the Company held by Mr Mark Skiffington were inadvertently not disclosed in the applicable Appendix 3X and the recent Appendix 3Y lodged with ASX.

Attached are the updated notices in relation to Mr Skiffington’s interest.

The Company regrets this error and advises that upon further consideration of the matter, the Company believes that its current arrangements are adequate to ensure it is able to meet all future disclosure obligations pursuant to the ASX Listing Rules.

Leonard Math Company Secretary Riedel Resources Limited

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Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public. Introduced 30/9/2001.

Name of entity Riedel Resources Limited ABN 91 143 042 022

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Mark Skiffington
Date of appointment	18 January 2016

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Number & class of securities

Nil

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

	Name of holder & nature ofinterestNote: Provide details of the circumstances giving rise tothe relevant interest.Meriwa Street Pty LtdSkiffington Super Pty Ltd <The MarkSkiffington S/F A/C>	Number & class of Securities9,698,158 Fully Paid Ordinary Shares625,000 Options exercisable at $0.052 expiring31 Dec 20161,483,012 Options exercisable at $0.011 expiring31 Dec 201713,319,371 Fully Paid Ordinary Shares625,000 Options exercisable at $0.052 expiring31 Dec 20161,483,012 Options exercisable at $0.011 expiring31 Dec 2017

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Part 3 – Director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
No. and class of securities towhich interest relates	N/A

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity	Riedel Resources Limited
ABN	91 143 042 022

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Mark Skiffington
Date of last notice	18 January 2016

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstancesgiving rise to the relevant interest.	Meriwa Street Pty Ltd(A company that Mr Skiffington has beneficialinterest in)SkiffingtonSuperPtyLtd<TheMarkSkiffington S/F A/C>(A company that Mr Skiffington has beneficialinterest in)
Date of change	2 June 2016
No. of securities held prior to change	Held in the name of
9,698,158 Fully Paid Ordinary Shares625,000Optionsexercisableat$0.052expiring 31 Dec 20161,483,012 Options exercisable at $0.011expiring 31 Dec 201713,319,371 Fully Paid Ordinary Shares625,000Optionsexercisableat$0.052expiring 31 Dec 20161,483,012 Options exercisable at $0.011expiring 31 Dec 2017	Meriwa Street Pty LtdSkiffingtonSuperPtyLtd<TheMarkSkiffington S/F A/C>

Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	Fully Paid Ordinary Shares
Number acquired	301,842
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide detailsand estimated valuation	$7,548
No. of securities held after change	Held in the name of
10,000,000 Fully Paid Ordinary Shares625,000Optionsexercisableat$0.052expiring 31 Dec 20161,483,012 Options exercisable at $0.011expiring 31 Dec 201713,319,371 Fully Paid Ordinary Shares625,000Optionsexercisableat$0.052expiring 31 Dec 20161,483,012 Options exercisable at $0.011expiring 31 Dec 2017	Meriwa Street Pty LtdSkiffingtonSuperPtyLtd<TheMarkSkiffington S/F A/C>
Nature of changeExample: on-market trade, off-market trade, exercise of options,issueofsecuritiesunderdividendreinvestmentplan,participation in buy-back	On Market Trade

Part 2 – Change of director’s interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interestrelated prior to changeNote: Details are only required for a contract in relation to whichthe interest has changed	N/A
Interest acquired	N/A

Page 2

Appendix 3Y Change of Director’s Interest Notice

Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailedabove traded during a+closed period where priorwritten clearance was required?	No
If so, was prior written clearance provided to allow thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what datewas this provided?	N/A

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