RIVERSGOLD LIMITED — Share Issue/Capital Change 2021

Jul 6, 2021

Announcement Summary

Entity name

RIVERSGOLD LIMITED

Date of this announcement

Wednesday July 07, 2021

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

ASX +securitycode	Security description	Total number of+securities to beissued/transferred	Issue date
New class - codeto be confirmed	Unquoted options exercisable at $0.048 andexpiring 7 July 2024	2,000,000	07/07/2021
New class - codeto be confirmed	Unquoted options exercisable at $0.055 andexpiring 7 July 2024	2,000,000	07/07/2021
New class - codeto be confirmed	Unquoted options exercisable at $0.074 andexpiring 7 July 2024	2,000,000	07/07/2021

Refer to next page for full details of the announcement

Part 1 - Entity and announcement details

1.1 Name of entity

RIVERSGOLD LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type ABN

Registration number 64617614598

1.3 ASX issuer code RGL

1.4 The announcement is New announcement

1.5 Date of this announcement

7/7/2021

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

does not have an existing ASX security code ("new class")

Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX

in an Appendix 3B

		+Security description
New class - code to be confirmed	2024	Unquoted options exercisable at $0.048 and expiring 7 July
+Security type	ISIN code
Options
	Date the +securities the subject of this notification were issued
7/7/2021
Yes	Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes	Were any of the +securities issued to +key management personnel (KMP) or an +associate?Provide details of the KMP or +associates being issued +securities.
Name of KMP	Name of registered holder	Number of +securities
Julian Ford	Mr Julian Ford	2,000,000
listing rule 6.1?Noissued.		Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable underPlease provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
Options Details
+Security currencyAUD - Australian Dollar	Exercise priceAUD 0.04800000	Expiry date7/7/2024
company option		Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
Other
Description

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

https://www.asx.com.au/asxpdf/20201030/pdf/44pddp51yrq744.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification

Issue details

Number of +securities 2,000,000

	+Security description
New class - code to be confirmed2024		Unquoted options exercisable at $0.055 and expiring 7 July
+Security type	ISIN code
Options
	Date the +securities the subject of this notification were issued
7/7/2021
Yes	Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes	Were any of the +securities issued to +key management personnel (KMP) or an +associate?Provide details of the KMP or +associates being issued +securities.
Name of KMP	Name of registered holder	Number of +securities
Julian Ford	Mr Julian Ford	2,000,000

Options Details

+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.05500000	7/7/2024
company optionOther		Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
Description
RGL: Ordinary Fully Paid

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

https://www.asx.com.au/asxpdf/20201030/pdf/44pddp51yrq744.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification

Issue details

Equity Securities

Number of +securities 2,000,000

ASX +security code	+Security description
New class - code to be confirmed	Unquoted options exercisable at $0.074 and expiring 7 July2024
+Security type	ISIN code
Options
Date the +securities the subject of this notification were issued
7/7/2021
Yes	Will all the +securities issued in this class rank equally in all respects from their issue date?

Were any of the +securities issued to +key management personnel (KMP) or an +associate?

Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Julian Ford	Mr Julian Ford	2,000,000

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

Options Details

+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.07400000	7/7/2024

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

RGL: Ordinary Fully Paid

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

https://www.asx.com.au/asxpdf/20201030/pdf/44pddp51yrq744.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification

Issue details

Equity Securities

Number of +securities 2,000,000

Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities ofthe entity will comprise:(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than oneapplication for quotation/issuance currently with ASX for processing.)
4.1 Quoted +Securities (Total number of each +class of +securities quoted)
ASX +security code and description	Total number of+securities on issue
RGL : ORDINARY FULLY PAID	404,042,196

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

ASX +security code and description	Total number of+securities on issue
RGLAJ : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	17,120,000
RGLAO : OPTION EXPIRING 05-FEB-2024 EX $0.08	1,000,000
RGLAL : OPTION EXPIRING 12-AUG-2023 EX 3C	66,938,792
RGLAM : OPTION EXPIRING 12-AUG-2023 EX NIL	12,000,000
RGLAN : PERFORMANCE RIGHTS	53,000,000
RGLAP : OPTION EXPIRING 12-AUG-2023 EX $0.081	3,000,000
New class - code to be confirmed : Unquoted options exercisable at $0.048 and expiring 7July 2024	2,000,000
New class - code to be confirmed : Unquoted options exercisable at $0.055 and expiring 7July 2024	2,000,000
New class - code to be confirmed : Unquoted options exercisable at $0.074 and expiring 7July 2024	2,000,000

Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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