Rumble Resources Limited ('Rumble' or 'the Company') (ASX: RTR) confirms in respect of the capital raising previously announced on 22 June 2020, to raise $6,045,000 via the placement of 65,000,000 fully paid ordinary shares ('Shares') at $0.093 per Share to existing shareholders and sophisticated investors pursuant to s708 of the Corporations Act (Cth) 2001, together with up to 4,103,115 premium priced unlisted options, each with an exercise price of $0.15 and an expiry of 31 December 2022 ('Options') ('Placement'), and further to the previous announcement and allotment on 29 June 2020, that the Company has allotted a further 6,000,000 Shares and 679,000 Options on 8 July 2020 in respect of the Placement.

The balance of the Placement of 1,230,700 Shares will be settled subject to shareholder approval (shareholder meeting targeted for mid-August 2020).

The Company advises that it is currently in negotiations in connection with a potential acquisition of exploration tenure in Western Australia. These discussions are ongoing and no agreement has been entered into, and it is currently unknown when or if the agreements will be completed. The Company will provide appropriate disclosure should negotiations be completed, and agreements completed.

Notice pursuant to Section 708A(5)(e) of the Corporations Act 2001

The Company gives notice pursuant to section 708A(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act) that: The Company on 8 July 2020 has issued 6,000,000 Shares and 679,000 Options in respect of a placement.

The Company issued the Shares without disclosure under Part 6D.2 of the Corporations Act; The Company is providing this notice under section 708A(5)(e) of the Corporations Act; 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 of the Corporations Act and As at the date of this notice, there is no information to be disclosed which is excluded information of the type referred to in Sections 708A(7) and 708A(8) of the Corporations Act.

This announcement has been authorised for release by Shane Sikora, Managing Director of the Company.

Contact:

Tel: +61 8 6555 3980

Fax: +61 8 6555 3981

Email: rumbleresources.com.au

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