LISTING PROSPECTUS / SHAREHOLDERS' CIRCULARS

GOLDEN ENERGY AND RESOURCES LIMITED

Shareholders' Circulars 08 Mar 2021

Circular To Shareholders In Relation To (I) The Proposed Ratification Of The A$70 Million Investment Into Ravenswood Gold Group Pty Ltd And Proposed Joint Venture With Raven Gold Nominee Pty Ltd (As Trustee On Behalf Of Investors Managed Or Advised By Emr Capital Management Limited); (II) The Proposed Investment Of Up To An Additional A$75 Million Into Ravenswood Gold Group Pty Ltd; And (III) The Proposed Diversification Of The Company’s Existing Business.

Description:

CIRCULAR TO SHAREHOLDERS IN RELATION TO (I) THE PROPOSED RATIFICATION OF THE A$70 MILLION INVESTMENT INTO RAVENSWOOD GOLD GROUP PTY LTD AND PROPOSED JOINT VENTURE WITH RAVEN GOLD NOMINEE PTY LTD (AS TRUSTEE ON BEHALF OF INVESTORS MANAGED OR ADVISED BY EMR CAPITAL MANAGEMENT LIMITED); (II) THE PROPOSED INVESTMENT OF UP TO AN ADDITIONAL A$75 MILLION INTO RAVENSWOOD GOLD GROUP PTY LTD; AND (III) THE PROPOSED DIVERSIFICATION OF THE COMPANY’S EXISTING BUSINESS.