Investor Presentaiton

Mt Sholl - Maiden JORC Resource (RDN 80-100%) 487,500mE Classification Tonnes Ni Mt Cu Co 3E1 Ni Metal % % ppm g/t kt Cu Metal kt 3E (Pd, Pt, Au) N OZ Open Pit kilometre MGA Z51 " Indicated 10.5 0.39 0.45 134 0.32 41.0 47.3 108,031 Inferred 9.8 0.29 0.32 78 0.32 28.4 31.3 100,715 Total 20.3 0.34 0.39 107 0.32 69.34 78.6 208,745 -7,687,500mN Underground Inferred 3.1 0.48 0.47 57 0.25 14.9 14.6 24,898 Total Resource7 - 23.4Mt @ 0.6% Ni_Eq or 1.54% Cu_Eq (at 0.35% Ni_Eq cut-off), OR 40Mt @ 0.45% Ni_Eq or 1.17% Cu_Eq (at 0.15% Ni_Eq cut-off) High-grade resource of 5.8Mt @ 0.94% Ni_Eq / 2.48% Cu_Eq (at 0.70% Ni_Eq cut-off) 7 - 7,685,000mN Potential for grade improvements through further drilling: Indicated (40m drill spacing) vs Inferred (100m drill spacing) category grade comparison B2 B1. 490,000mE 492,500mE RAIDEN RESOURCES 5.1km Prospective Contact Kudos 3.5km Prospective Contact A1 29km Prospective Contact 7,685,000mN- - 7,682,500mN • 487,500mE 490,000mE RAIDEN RESOURCES Mt Sholl Ni-Cu-PGE Project Legend Raiden Tenement - 100% Raiden Tenement - 80% Historical Drilling Pit Shells Block Model NiEq Grades 0.30 0.50 0.50 0.70 >0.70 Geology Dolerite Dyke Basalt Felsic intermediate volcanics Gabbro (minor dolerite) Gneiss/Mylonite }Ultramafic Only 40% of prospective strike drill tested to date (potential near surface mineralisation defined and remains undrilled) Depth extents to be defined / closed off (all deposits open at depth) • 26% increase in Nickel grade in Indicated category . 29% increase in Copper grade in Indicated category • 42% increase in Cobalt grade in Indicated category B1 test mining pit (~10 x 15m drill spacing) = 128Kt @ 0.55% Ni; 0.9% Cu; 0.6g/t Pd • (1.0% Ni_Eq or 2.47% Cu_Eq) RAIDEN RESOURCES INVESTOR PRESENTATION 15

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