Red River Resources : Becoming a substantial holder from CGA

Corporations Act 2001 Section 671B

To Company Name/Scheme Red River Resources Limited (ASX code: RVR)

ACN/ARSN 100 796 754

Name Contango Asset Management Limited

ACN 085 487 421

The holder became a substantial holder on 21/09/2016.

1. Details of voting power

   The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

   Class of Securities	Number of Securities	Person's Votes	Voting Power
   Ordinary Shares	15,456,185	15,456,185	5.08%

2. Details of relevant interests

   The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

   Holder and Nature of Relevant Interest	Class and Number	Person's votes
   	of Securities	Affected
   Contango Asset Management Limited ("CAML"), in its capacity as the investment manager for persons or trusts listed besides its name in Paragraph 4, has the power to control voting and/or the disposal of securities.	15,456,185 ord shares	15,456,185

3. Details of present registered holders

   The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

   Holder of Relevant Interest	Registered Holder of Securities	Person entitled to be registered holder	Class and Number of Securities	Person's votes Affected
   Contango Asset Management Limited	National Nominees Limited	Contango Managed Investment Scheme	Ord Shares	1,640,539
   	National Nominees Limited	Contango Microcap Ltd	Ord Shares	9,597,679
   	BNP Paribas Nominees Pty Limited	Media Super Limited Microcap Fund	Ord Shares	4,217,967

4. Consideration

   The consideration paid for each relevant interest referred to in paragraph 3 above is as follows:

   Holder of Relevant Interest	Type	Date of Acquisition	Consideration	Number of Ordinary Shares
   Contango Asset Management Ltd	Placement	22-Jul-16	$ 940,762.20	7,839,685
   Contango Asset Management Ltd	On-Market Buy	01-Aug-16	$ 328,289.40	1,826,966
   Contango Asset Management Ltd	On-Market Buy	02-Aug-16	$ 44,415.53	247,592
   Contango Asset Management Ltd	Placement	02-Sep-16	$ 559,237.80	4,660,315
   Contango Asset Management Ltd	On-Market Buy	07-Sep-16	$ 20,736.28	111,059
   Contango Asset Management Ltd	On-Market Sell	07-Sep-16	-$ 27,742.29	- 149,807
   Contango Asset Management Ltd	On-Market Buy	08-Sep-16	$ 15,761.21	82,162
   Contango Asset Management Ltd	On-Market Buy	21-Sep-16	$ 132,063.66	782,111
   Contango Asset Management Ltd	On-Market Buy	22-Sep-16	$ 9,568.81	56,102

5. Associates

   Not applicable

6. Addresses

The addresses of persons named in this form are as follows:

ADAM LEGG

COMPANY SECRETARY 29 SEPTEMBER 2016