RIEDEL RESOURCES LIMITED — Major Shareholding Notification 2013

May 30, 2013

ORACLE SECURITIES

Level 2, 6 Kings Park Road West Perth WA 6005 PO Box 972 Octtesioe WA 6911 Tel/Fax: (+61) 8 9385 3993 Email: admin@oraclesecurities.com.au

31st May 2013

The Manager Company Announcements Office ASX Limited 20 Bridge Street Sydney NSW 2000

BY FAX: 1300 135 638

Dear Sir/Madam,

Form 603 Notice of Initial Substantial Shareholder - Riedel Resources Ltd (RIE)

Please find attached Form 603 Notices of Initial Substantial Shareholder in Riedel Resources Ltd (ASX) for lodgement with the ASX Limited.

Yours fai⁄ihfully

naiu

Luke Matthews Managing Director Oracle Securities

www.**oracle**securities.com.au

ABN: 88 322 468 957 Conserver Authorisand Representative (356714) of RM Cephalphy Ltd (AFSL 2121938).

$603$ page 1/2 15 July 2001

Form603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

30 Corroriv Name/Scheme	Riedel Resources Ltd

ACN/ARSN

143 042 022

$\bar{1}$

1. Details of substantial holder (1)Name		Satori International Pty Ltd
ACN/AFEN (if applicable)	150 632 536
The holder became a substantial holder on	29/05/13

2 Details of voting power

mentals of services.The total runder of votes attached to all the voting shares in the company or voting Interests in the schedentrelevant interest (3) in on the date the substantial holder became a substantial holder ar

Class of securities (4)	Number of securities	Person's votes (5)	_______________________________________Vating power (6)
Fully Paid Ordinary	9.150.000	9.150.000	8.53%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Satori International Pty Ltd <satori a="" c≽="" f="" s="" td="" <="">Direct Holding9,150,000 ordinary shares	Direct Holding	9,150,000 ordinary shares

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevantinterest	Pegistered holder ofsearities	Rerson entitled to beregistered as holder (8)	Class and numberd securities
Satori International Pty Ltd		, Satori Internstional Pty Ltd ⊲Satori S/F A/C⊳ Satori International Pty Ltd ⊲Satori S/F A/C⊳ 9,160,000 ordinary sheres
	----

5. Consideration

The consideration pald for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevantinterest	Date of accursition	Consideration (9)		Class and numberof securities
		Cash	Non-cash
Satori International Pty Ltd ـــــــــــــــــــــــــــــــــــــــ	29th May 2013	$125,000		6,250,000 ordinary shares
Satori International Pty Ltd <sator(s a="" co="" f="" td="" <="">21st February 2013$7,110100,000 ordinary chares</sator(s>	21st February 2013	$7,110		100,000 ordinary chares

ORACLE SECURITIES

603 page 2/2 15 July 2001

6. Associates

The researcs the persons named in peragraph 3 above are associates of the substantial incloir are as follows:

Name and ACN/AFEN (if applicable)	Nature of association_____
N/APERSONAL	N/A------

1. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Satori international Pty Ltd ---------------------------------------	PO Box 972, Cottesloe, WA 6911The Mariana

Signature

Albert Matthewsorint name.$\sim$	Directorcacacity,,,,,,
sign hereAfathatthe	date 31 / 05 / 13

DIRECTIONS

If there are a number of substantial holders with similar or related relevant interests (eg a comportation and its related comportations or the manager and trustee of an $(1)$ equity that), the names could be inducted in an arrestre to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group! It he membership of each group, with the names and addresses of members is dearly set out in persgraph 7 of the form

Ø See the dafinition of "associate" in section 9 of the Corporations Act 2001.

(3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

(4) The voting shares of a company constitute one class unless divided into separate classes.

• 5 The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the parson or an associate has a relevant interest in
• (6) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

$\sigma$ Indude details of:

• any relevant agreement or other droumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out $\circledast$ the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or a rangement, must accompany this form, together with a written statement certifying this contract, scheme or anangement; and
• $\circledcirc$ any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or dispose of the securities to which the relevant three at relates (indicating dearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown". $\circledcirc$

Datalls of the consideration must inducte any end all benefits, money and other, that any person from whom a relevant interest was acquired help, or may, become Θ entitled to receive in relation to that acquisition. Datails must be inducted even if the benefit is conditional on the happening or not of a contingency. Details must be induced of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid dredtly to the person from whom the relevant interest was acquired.

603 page 1/2 15 July 2001

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

		------
To Company Name/Scheme	Riedel Resources Ltd
	______________________________________	.
ACN/ARSN	143 042 022

1. Details of substantial holder (1)

Name	Skiffington Super Pty Ltd
ACN/ARSN (if applicable)	150 214 949	----
	--.The component of the Automaker

The holder became a substantial holder on

1. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had arelevant interest (3) in on the date the substantial holder

$29/05/13$

.Class of securities (4)	Number of securities.---———	-----THE R. P. LEWIS CO., LANSING.Person's votes (5)	.Voting power (B)
Fully Paid Ordinary-------	9,825,000-----———	The State State9.825.000	---------16%ο
___	--------------------------------------	----------	-------

1. Details of relevant Interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	. Class and number of securities
Skillington Super Pty Ltd <the a="" bkillington="" cs-<br="" f="" mark="" s="">	.Direct Holding	6,250,000 ordinary shares
Meriwa Strast Pty Ltd----.	——Direct Holding-------	3,575,000 ordinary shares

1. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevantinterest	Registered holder ofsecurities	Person entitled to beregistered as holder (B)	Glass and numberof securities
, Skillingson Super Ply Ltd <the ages.<="" mark="" millingson="" p="" s="" th="">Stationation Super Psy 130 <73m Mark Skillergion G/F AIC>[ Bintington Super Pty and class hands motive ployers between 6,260,000 or dimens y after bo	Stationation Super Psy 130 <73m Mark Skillergion G/F AIC>	[ Bintington Super Pty and class hands motive ployers between 6,260,000 or dimens y after bo
Meriwa Street Pty Ltd	Meriwa Street Pty Ltd	Meriwa Street Ptv Ltd	3,575,000 ordinary

5. Consideration

$\mathbb{Q}$

Ċ,

ą

The consideration paid for each retevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became asubstantial holder is as follows:

Holder of refevantinterest	Date of acquisition	Consideration (9)		Class and numberOf securities
		GEST	Non-cash
, BASAngkon Bupar Phy Lich-Cine Merk Bakilington aux Antis 7	29th May 2013	$125,000		+6.250,000 ordinary shares
Meriwa Street Pty Ltd	1st - 27th February 2013	577,937		1.095,000 ordinary shares /

ORACLE SECURITIES

PAGE 05/05

6D3 page 2/2 15 July 2001

6. Associates

The reasons the persons named in paramaph 3 above are associates of the substantial holder are as tollows:

____________$-$Name and ACN/ARSN (if applicable)A 40000 A 444 846 8460 8-1$- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -$	----------------------------------------------Nature of associationSHOWSHIP ADDITIONAL ART	****The property compared to the contract of
Meriwa Street Pty Ltd-------__	_______	------------------.Common Director
	_____________________	--------------------------

1. Addresser

The addresses of persons named in this form are as follows:

HEAR AREA AND----------Name------------	.____________Address
THE R. P. LEWIS.Sidlington Smer Fry Lid <the a="" co-<br="" f="" mark="" s="" skillington="">	---20 Glengariff Street, Floreat WA 6014
Meriwa Street Pty Ltd---------	20 Glengariff Street, Floreat WA 6014-------———	_______________________________________

Signature
-----------	--

print name	Mark Skiffington--	Directorcaoacity
sign here	NА.فيستنب--------	date0531113
		------

DIRECTIONS

$^{(1)}$ If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an if they are a human to subsequent human common or prevent measure on a suppression in related suppresses, or use manager and prove or anequity trust), the names could be included in an amount of the farm. If the selected form.

See the definition of "associate" in section 9 of the Corporations Act 2001. Ø

(3) See the definition of "relavant interest" in sections 808 and 671B(7) of the Corporations Act 2001.

$(4)$ The voting shares of a company constitute one class unless divided into separate classes.

The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant (5) interest in,

The person's votes divided by the total votes in the body corporate or schema multiplied by 100. (6)

$\boldsymbol{\varpi}$ include details of:

• any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out $(a)$ the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to Ф) which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

If the substantial holder is unable to determina the identity of the person (eg. if the relevant interest arises because of an option) write "unknown". (8)

Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become 侽 entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, seen if they are not paid directly to the person from whom the relevant interest was acquired.