RUMBLE RESOURCES LIMITED — Capital/Financing Update 2015

Oct 11, 2015

Share Purchase Plan

Invitation to participate in Share Purchase Plan

Rumble Resources Limited (ASX:RTR) (Rumble or the Company) is pleased to announce that it is offering eligible shareholders the opportunity to participate in a Share Purchase Plan (SPP) to acquire additional shares in the Company at $0.018 per share.

Shareholders eligible to participate in the Share Purchase Plan

Under the Terms and Conditions of the SPP, shareholders on the Company's share register as at 5:00pm (WST) on Friday 9 October 2015 with a registered address in Australia or New Zealand (Eligible Shareholders) will be eligible to participate in the SPP.

Participation in the SPP is optional.

Share Purchase Plan

Up to 33,333,333 shares are offered under the SPP to raise a maximum of $600,000. Eligible Shareholders are entitled, irrespective of the size of their shareholding, to apply for up to $15,000 worth of shares at a price of $0.018 per Share.

The issue price of $0.018 represents a 22% discount to the volume weighted average price (VWAP) of the Company's shares on the Australian Securities Exchange during the 30 days immediately prior to this announcement, and a 10% discount to the (VWAP) of the Company's shares on the Australian Securities Exchange during the 5 days immediately prior to this announcement, on which sales in the Company's shares were recorded.

Attached to this announcement is the SPP Offer Booklet containing the Terms and Conditions of the SPP.

The SPP Offer Booklet and Application Form are in the process of being sent to Eligible Shareholders.

The SPP offer opens on 14 October 2015 and closes at 5:00pm (WST) on 30 October 2015. Further details are included in the attached SPP Offer Booklet.

Shortfall

In the event that less than 33,333,333 shares are applied for under the SPP, the Directors reserve the right to place any shortfall to professional and sophisticated investors at the Directors' discretion. The issue of any such shortfall would be under the Company's placement capacity pursuant to ASX Listing Rule 7.1.

Company activities

The Company's focus is currently on:

Technical Review

All projects are currently being reviewed by the recently appointed and highly experienced Technical Advisory Board which will provide next stage implementation strategies.

Of particular focus:

Sidewinder Nickel Sulphide Project

Update the proposed exploration program for the newly acquired Sidewinder Project by the Technical Advisory Board (See ASX Announcement 5th October 2015)

ABN 22 102 912 783 Rumble Resources Ltd

35 Richardson Street Suite 9, 36 Ord Street, West Perth, WA 6005

T +61 8 6555 3980

West Perth WA 6872 F +61 8 6555 3981

rumbleresources.com.au

ASX : CXU ASX RTR

88.7 M ordinary shares Executives & Management

Market Cap Mr Shane Sikora Managing Director

$27.5 million (@31c) Mr Matthew Banks Non-executive Director

Board of Directors Mr Michael Smith Non-executive Director

Executive Chairman Mr Andrew McBain Non-executive Director

Executive Director Mr Bruno Seneque Company Secretary

• The Sidewinder Project has a limited historical drilling program of only seven Reverse Circulation holes and three diamond drill holes which intersected significant Ni, Cu and Co sulphide mineralisation including an intersection of 13m @ 0.91% Ni, 0.58% Cu, 0.08% Co from 104m - (See ASX Announcement 5th October 2015)
• The Sidewinder Project contains multiple "walk-up" drill targets that were either untested or only partially tested by previous drilling. Those targets in combination with previous results, makes the project an exciting prospect.

Fraser Range Projects

The Company and its advisers are reviewing the recent drilling programmes at the Big Red and Zanthus Projects in the Fraser Range in order to advance preparations for the next stage of exploration. In addition, data from the recently acquired Thunderdome Project is being reviewed in order to plan the appropriate next course of action.

Market Opportunities

The Company continues to seek out potential acquisition opportunities to complement the Company's existing activities, as well as opportunities in other sectors with the objective of increasing shareholder value.

Use of funds

The Company intends to use the funds raised under the SPP to fund its activities set out above, as well as for general working capital purposes, including the costs of reviewing prospective acquisition opportunities.

If you have any questions in relation to the SPP, please call your broker, accountant or professional advisor. If you require information on how to complete the Application Form, please contact the Share Registry on 08 9389 8033 (Australia) or +61 8 9389 8033 (International).

Date	Details
9 October 2015	Record date: 5pm WST
	The date on which the Company determines the Eligible Shareholders
14 October 2015	Dispatch date
	The date on which the Offer Document and Application Forms are dispatched to EligibleShareholders
14 October 2015	Opening date
	The date on which the SPP opens
30 October 2015	Closing date: 5pm WST
	The date on which the SPP closes. Applications and payments must be received by 5pmWST
9 November 2015	Issue date
	The date new shares are issued and any scale back is announced.

Key Dates

The above dates are indicative only and are subject to change

-ENDS-

For further information, please contact:

Shane Sikora Managing Director Rumble Resources T: +61 8 6555 3983