SUREFIRE RESOURCES NL — Capital/Financing Update 2015

Aug 17, 2015

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18 August 2015

NOTIFICATION OF UNDER SUBSCRIPTIONS FOR THE

NON-RENOUNCEABLE ENTITLEMENTS ISSUE

Black Ridge Mining NL (ASX: BRD) (the Company ) wishes to advise that the non-renounceable entitlements issue to shareholders of approximately 854,561,658 fully paid ordinary shares at an issue price of $0.002 per Share on the basis of one New Share for every one Share t ogether with one Free Attaching Option for each Share issued, to raise approximately $1,709,123 before expenses, closed at 5:00pm (WST) on Thursday 13 August 2015.

The following table sets out the number of new Shares subscribed for by Eligible Shareholders and the number of Shares making up the shortfall under the Offer.

Entitlements Issue Offer	New Shares	GrossProceeds	Percentage ofMaximum
Maximum number of Shares that couldhave been issued under the Offer	854,561,658	$1,709,123	100.00%
Less: subscriptions for Shares byEligible Shareholders	101,641,823	$203,284	11.89%
Shortfall	752,919,835	$1,505,839	88.11%

As advised in the prospectus released on ASX on 5 June 2015 the Entitlements issue was underwritten by Plato Mining Pty Ltd for up to 500,000,000 New Shares or approximately $1,000,000.

Subject to ASX approving quotation of the Shares under the Offer, the Company expects to issue a total of 601,641,823 New Shares, on or about 20 August 2015 in accordance with the entitlements issue timetable previously announced to ASX, with the holding statements to be dispatched on or around 21 August 2015.

For further information:

Vladimir Nikolaenko

+61 8 9574 6255

ABN 48 083 274 024

e: admin@blackridgemining.com.au www.blackridgemining.com.au

t: +61 8 9574 6255