Notice under section 708A(5)(e)
Released
Released
Announcement PDF
4 December 2024
The Manager
Company Announcements Office
ASX Limited
Level 6, 20 Bridge Street
SYDNEY NSW 2000
NOTICE UNDER SECTION 708A(5)(e) OF THE CORPORATIONS ACT
Raiden Resources Limited (ASX: RDN) (Company) confirms that today it issued 4,175,606 fully paid ordinary
shares in the capital of the Company (Shares) on the exercise of 4,175,606 Listed Options RDNOA at an exercise
price of $0.015 and an expiry date of 30 November 2024.
In respect of the Share issues, the Company gives notice pursuant to section 708A(5)(e) of the Corporations Act
2001 (Cth) (Corporations Act) that:
1.
the Company issued the Shares without disclosure under Part 6D.2 of the Corporations Act; and
2.
as at the date of this notice, the Company has complied with:
a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and
b) section 674 and 674A of the Corporations Act; and
3.
as at the date of this notice, there is no information to be disclosed which is excluded information (as
defined in section 708A(7) and 708A(8) of the Corporations Act), other than is set out below:
a)
as announced on 9 August 2023, the Company is continuing with its strategy of assessing
opportunities to divest non-core assets within its portfolio, whilst advancing the lithium
potential over its Pilbara projects. As announced on 13 December 2023, the Company entered
into a Memorandum of Understanding with First Quantum Minerals Australia in regard to a
partnership over the Mt Sholl Ni-Cu-PGE project. The parties are anticipated to enter into a
binding agreement in the following months. The Company is also currently in early-stage,
incomplete and confidential negotiations with third parties with respect to the proposed terms
of any divestment of its other non-core assets. Until the material commercial terms have been
agreed, there can be no guarantee that such negotiations will lead to the announcement or
completion of a binding agreement. The Company will keep the market informed in accordance
with its continuous disclosure obligations; and
b)
as previously announced, the Company has commenced a drilling program and results will be
analysed, collated and will be released to the market on receipt of assays, in accordance with
the Company’s continuous disclosure obligations.
An Appendix 2A for the issue of the Shares has been published on the ASX at today’s date.
This notice is authorised for ASX release by the Board of Raiden Resources Limited.
Yours faithfully,
KYLA GARIC
Company Secretary
P 08 6158 9990 F 08 6154 6447
Suite7, 63 Shepperton Rd, Victoria Park, WA Australia 6001
ABN 68 009 161 522
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