R3D RESOURCES LIMITED (R3D)

name changed to Tartana Minerals Limited

The following Options of R3D Resources Limited will be suspended from quotation immediately under Listing Rule 17.3, pending confirmation of the conditions of quotation for R3DO: R3DO.

The suspension of trading in the securities of R3D Resources Limited will be lifted immediately following the release by R3D of an announcement regarding a capital raising.

The company releases a notice of proposed issue of securities.

Placement of $436k including $225k from the directors at $0.05 per share. Non-renounceable Rights Issue to be offered to eligible shareholders on a 1 New Share for every 5 Shares held basis at the same price with record date of 20 November 2023, raising up to $1.5 million. Placement and Rights Issue participants to receive 1 Option for every 2 Shares subscribed with each option exercisable at $0.10 expiring 31 December 2025, and to be quoted on ASX subject to regulatory approvals. R3D reaffirms expectation that it will be cash flow positive for the December quarter as Tartana enters commercial Copper Sulphate production backed by a 100% offtake with Kanins.

The Company requested a further voluntary suspension in the Company's securities pending the structuring and execution of a capital raising. The Company expects that the voluntary suspension will be required until the earlier of Thursday, 9 November 2023 or the release of an announcement detailing the capital raising being conducted by the Company.

The securities of R3D Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of R3D, pending the release of an announcement regarding details of a capital raising.

The suspension of trading in the securities of R3D Resources Limited will be lifted from the commencement of trading on Thursday, 22 July 2021, following its re-compliance with Chapters 1 and 2 of the Listing Rules.

The company releases additional information on the independent geologist's report.

The capital structure of R3D is set out below. It is noted that nine Tartana shareholders, representing 129,805 shares, are subject to compulsory acquisition following the Tartana Takeover Offer. Shares: 108,443,658; and options: 34,831,395. All Options are not listed and have an exercise price of $0.40 and expire if not exercised by 14 July 2026. The company also releases a statement of restricted securities.

The company confirms completion of the implementation deed dated 3 December 2020 between R3D Resources Limited and Tartana Resources Limited for the acquisition of 100% of the issued capital in Tartana pursuant to a takeover of Tartana by R3D. The conditions of the waivers granted by ASX have been satisfied.

Further to ASX's circular of 20 July 2021 titled "R3D Resources Limited "“ Anticipated Reinstatement to Official Quotation", ASX advises that the following unquoted securities were omitted from R3D's capital structure.

The company releases its distribution schedule and Top 20 shareholders.

A compulsory acquisition notice has been lodged with the ASIC regarding the off-market takeover offer to acquire all of the ordinary shares in Tartana Resources Limited.

The company releases the following: Appendix 1A and Information Form and Checklist; Information Form and Checklist Annexure 1 (Mining Entities); Employee Share Option Plan; Share Trading Policy; Tartana Resources Limited Half-Year Report 31 December 2020; Tartana Resources Limited Financial Report 30 June 2020; Tartana Resources Limited Financial Report 30 June 2019; Constitution and Prospectus.

The securities of R3D Resources Limited are expected to be reinstated to Official Quotation at the commencement of trading at approximately 10:06:45 AM AEST on Thursday, 22 July 2021, following R3D's recompliance with Chapters 1 and 2 of the ASX Listing Rules. R3D raised $4.25 million pursuant to the offer under its prospectus dated 26 May 2021 by the issue of 21,250,000 shares at an issue price of $0.20 per share.

The R3D publig offer has opened and applications can now be made. R3D Resources is seeking through a public offering by the issue of 21,250,000 Shares at an issue price of $0.20 per Share to raise a minimum of $4,250,000, with attaching Options on a 1 for 5 basis, exercisable at $0.40 within 5 years from the date of issue. R3D Resources and Tartana Resources Limited Shareholders will be given priority for an allocation of 10,000 Shares each if they submit a valid Application for at least 10,000 Shares.

The prospectus was lodged with the ASIC on 26 May 2021. R3D Resources is seeking through a public offering by the issue of 21,250,000 Shares at an issue price of $0.20 per Share to raise a minimum of $4,250,000, with attaching Options on a 1 for 5 basis, exercisable at $0.40 within 5 years from the date of issue.

R3D Resources releases a notice of variation. The offer period under the takeover offer by R3D for all of the ordinary shares and options in Tartaa that it does not already own has been extended so that the offers will remain open for acceptance until 7:00pm (Sydney time) on 31 July 2021. The new date for giving notice of the status of the conditions to which the offers are subject is 23 July 2021. The defeating condition in section 14.1 of the bidder's statement has been fulfilled. So far as the bidder is aware, none of the other defeating conditions have been fulfilled or waived and, accordingly, the offer remains subject to those conditions. R3D has received acceptances representing 93.96% of the voting power in Tartana.

The Company continues to consider that a combination of it and the Tartana business makes strategic and operational sense. Accordingly, the Company is keen on proceeding with a new application for admission together with a new prospectus in due course. The ASX in particular noted that the Company would require a fresh spread under a new prospectus to meet Listing Rule 1.1 condition 8; and that on Readmission, the Company would have a majority of independent directors and an independent chair. The Company together with Tartana are working to meet these requirements. The Company has received a waiver of Listing Rule 14.7 to enable shares to be issued under the Prospectus outside the three-month period approved by members. Acceptances of 93.26% of Tartana shareholders and 100% of Optionholders have been received for the Tartana takeover offer to date. R3D Resources proposes to lodge a further Prospectus with ASIC mid-May 2021 inviting investors to apply for 21,250,000 Shares at an issue price of $0.20 per Share to raise a minimum of $4,250,000 with attaching Options on a 1 for 5 basis, exercisable at $0.40 within 5 years from the date of issue. The company also lodges an Appendix 4C.

On 26 April 2021 the Company applied to ASX for a waiver from ASX Limited Listing Rule 14.7 and today ASX advised that it had granted the waiver.

The company has received further in-principle advice as to the suitability of R3D for re-admission to the official list of ASX Limited. The company will invite investors to apply for 21,250,000 Shares at an issue price of $0.20 per Share to raise a minimum of $4,250,000 with attaching Options on a 1 for 5 basis, exercisable at $0.40 within 5 years from the date of issue. Acceptances of 92.84% of Tartana shareholders and 100% of Optionholders have been received for the Tartana takeover offer. No withdrawal rights have been exercised. The company has applied for a waiver of Listing Rule 14.7 to enable shares to be issued under the Prospectus outside the three-period approved by members.

The company releases its first supplementary bidder's statement in relation to the takeover offer by R3D for all of the ordinary shares and options in Tartana Resources Limited that it does not already own.

R3D Resources today gave notice to ASIC and Tartana that the defeating condition contained in section 14.1 of the Bidder's Statement (relating to R3D Resources having Relevant Interests in at least 90% (by number) of all Tartana Shares and Tartana Options) has been fulfilled in so much as R3D Resources has received acceptances with respect to Tartana Shares of 90.22% and Tartana Options of 100%.

ASX has declined R3D Resource's application for readmission. This means that the capital raising under the prospectus will not proceed and all monies submitted under it will be refunded. ASX's concerns primarily relate to matters not associated with Tartana's operations. As for the takeover offer, the comapny intends to extend the offers for the period necessary to accommodate a successful readmission. It will provide any shareholders who have accepted into the takeover offers an opportunity to withdraw those acceptances if they so choose.

R3D Resources today gave notice to ASIC and Tartana that: R3D Resources varies the Takeover Offers by extending the closing date of the Takeover Offers until 7:00pm (Sydney Time) on 16 April 2021; and the new date for giving status of conditions under the Takeover Offers is 9 April 2021.

The company releases a supplementary prospectus which should be read together with the previous prospectus. The Board has resolved to extend the closing date to 7:00pm on 22 March 2021 Sydney time. This is to enable several interested investors to finalise their investment decisions and to dovetail with the takeover closing date. On page 6 of the prospectus, offers made to New Zealand residents are restricted. The prospectus is varied to the extent necessary to remove such restrictions.

The company releases a notice of consolidation. Shareholders will get 1 share for every 4 presently owned.

The company releases a notice of cancelation of securities consolidation. The reason for the cancellation is to restate section 4.1 as being a consolidation rather than a split.

The company releases a notice of consolidation/split. The securities will be split on the basis that every 4 securities will be divided into 1.

The company lodges its Half Year Report and Accounts.

The company dispatched its bidder's statement to each persion who held securities in the bid class as at the date set by R3D Resources.

The R3D Public Offer has opened and applications can now be made. R3D Resources and Tartana Resources Shareholders will be given priority for an allocation of 10,000 Shares each if they submit a valid Application for at least 10,000 Shares. The target date for reinstatement of R3D Resources' Shares to the Official List of the ASX is 30 March 2021, though this date may be subject to factors outside of the control of R3D Resources.

The company confirms it has made an application within seven days of the date of the Prospectus for official quotation by ASX of the Shares offered by the Prospectus. The Prospectus was lodged with the Australian Securities and Investments Commission on 8 February 2021. R3D Resources is seeking through a public offering by the issue of 21,250,000 Shares at an issue price of $0.20 per Share to raise a minimum of $4,250,000 with attaching Options on a 1 for 5 basis, exercisable at $0.40 within 5 years from the date of issue. R3D Resources and Tartana Resources Shareholders will be given priority for an allocation of 10,000 Shares each if they submit a valid Application for at least 10,000 Shares. The target date for reinstatement of R3D Resources' Shares to the Official List of the ASX is 30 March 2021, though this date may be subject to factors outside of the control of R3D Resources.

The company issues a prospectus for the purpose of recomplying with the admission requirements under Chapters 1 and 2 of the ASX Listing Rules with respect to the proposed change to the nature and scale of the company's activities.

The company releases a bidder's statement dated 5 February 2021.

The company is making an all scrip takeover bid for 100% of the fully paid ordinary shares and 100% of the options in Tartana Resources Limited.

name changed from R3D Global Limited