Result of AGM

Richland Resources Limited

("Richland" or "the Company") (AIM: RLD)

2nd June 2015 

RESULTS OF ANNUAL GENERAL MEETING

Richland Resources Ltd, the gemstones producer and developer of the Capricorn Sapphire project, announces that proxies representing 98,255,149 shares were received in relation to the Annual General Meeting of Richland Resources Limited on 29th May 2015 and that all the following resolutions and items of business were passed:

1. Accounts for the Period Ended 31 December 2014

To receive the financial statements, Directors' report and Auditor's report for the Company and its controlled entities for the period ended 31 December 2014.

2. Resolution 1 - Re-election of Mr Ami Mpungwe

To consider and, if thought fit, to pass, with or without amendment, the following resolution:

 "That Mr. Ami Mpungwe, who retires by rotation in accordance with the Company's Bye-Laws and being eligible, offers himself for re-election, be re-elected as Director."

3. Resolution 2 - Re-election of Mr. Nicholas Sibley

To consider and, if thought fit, to pass, with or without amendment, the following resolution:

"That Mr. Nicholas Sibley, who retires by rotation in accordance with the Company's Bye-Laws and being eligible, offers himself for re-election, be re-elected as Director."

4. Resolution 3 - Re-appointment of Auditor

To consider and, if thought fit, to pass, with or without amendment, the following resolution:

 "To re-appoint BDO East Africa as auditor to the Company, to hold office until the earlier of (i) the next annual general meeting of the Company or (ii) their resignation as agreed with the Company upon the identification by the Directors of a replacement auditor at the end of the current tender process for a new auditor, at a fee to be agreed by the Directors."

End

For more information please contact:

Bernard Olivier Mike Allardice

Chief Executive Officer Group Company Secretary

+61 4089 48182 +852 91 864 854

Nominated Advisor & Broker (AIM)

RFC Ambrian Limited

Samantha Harrison

+44 (0) 20 3440 6800

Laurence Read

Corporate Development and Communications Officer

+44 (0) 20 3289 9923

Notes to the Editor:

Further information is available on the Company's website: www.richlandresourcesltd.com. Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.