ASX Announcement & Media Release

Wednesday, 30 July 2014

Successful $6.0M Capital Raising for Cambodian Gold Project

Fast Facts

ASX Code: RNS

Shares on issue1: 398.9 million Market Cap1: ~$27 million Cash1: $7 million1

Board & Management

Alan Campbell, Non-Exec Chairman

Dave Kelly, Non-Exec Director

Justin Tremain, Managing Director Nick Franey, Head of Exploration Craig Barker, Exploration Manager Brett Dunnachie, CFO & Co. Sec. Vireak Nouch, Country Manager

Company Highlights

Targeting multi-million ounce gold systems in a new Intrusive Related Gold province in Cambodia

First mover advantage in a new frontier

Okvau Deposit (100% owned): Indicated and Inferred Mineral Resource Estimate of 15.6Mt @

2.4g/t Au for 1.2 Million ounces2

Mineralisation is from surface, amenable to open pit mining and remains 'open'

Multiple high priority, untested targets

1 Following completion of equity raising

2 Refer Table One

Registered Office

288 Churchill Avenue

SUBIACO WA 6008

T: +61 8 9286 6300

F: +61 8 9286 6333

W: www.renaissanceminerals.com.au
E: admin@renaissanceminerals.com.au

Placement was heavily oversubscribed and made to new and existing institutional and sophisticated investors

Funds raised to be used primarily to accelerate exploration, including significant drilling activity, at the 100% owned Cambodian Gold Project

Renaissance Minerals Limited (ASX: RNS) ("Renaissance" or the "Company") is pleased to announce that it has resolved to raise $6.0 million through a heavily oversubscribed equity placement ("Placement"). The Placement is being made to new and existing institutional and sophisticated shareholders.

The funds raised from the Placement will enable the Company to accelerate exploration activities at its 100% owned Cambodian Gold Project, which will include drill testing a number of new and highly prospective targets in close proximity to the 1.2Moz2 Okvau Deposit.
Renaissance Minerals' Managing Director, Justin Tremain commented:

"The raising was well supported by both new investors and long term supporters of the Company. The support shown by some of the Company's largest shareholders demonstrates a high level of confidence in the Company. Renaissance is now well funded to accelerate its activities in Cambodia, in particular around the 1.2Moz2 Okvau Deposit. We look forward to a very active period of exploration and news flow over the coming months."

Placement Details

The Placement consists of 92.3 million new shares to be issued at a price of 6.5 cents per share to raise total funds of $6.0 million. The shares will be issued in two tranches as below:

Tranche 1 - Comprising 45 million shares at 6.5 cents to raise $2.9 million, to be issued on or around 8 August 2014, pursuant to ASX Listing Rule 7.1; and

Tranche 2 - Comprising 47.3 million shares at 6.5 cents to raise a further

$3.1 million, to be issued subject to shareholder approval at a meeting of shareholders expected to be held on or about 9 September 2014.

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A Notice of Meeting to approve Tranche 2 will be sent to shareholders in due course. The Notice of Meeting will also seek shareholder approval for Directors of Renaissance to participate in Tranche 2 of the Placement for 1.9 million shares (approximately $120,000).
Hartleys Limited and Argonaut Securities Pty Ltd acted as Joint Lead Managers and Joint Bookrunners to the
Placement.
This announcement effectively lifts the trading halt that the Company requested on Monday, 28 July 2014. The
Company is not aware of any reason why the ASX would not allow trading to recommence immediately.
Detailed information on all aspects of Renaissance Minerals projects can be found on the Company's website:
www.renaissanceminerals.com.au .

For further information please contact

Renaissance Minerals Limited

Justin Tremain, Managing Director

Table One | Okvau Deposit Resource Estimate

Notes

1 The Inferred resources are reported at a 0g/t gold cut-off as volumes are already restricted by a 2.0 g/t gold threshold

2 Tonnes are rounded to nearest 0.1 Mt, grade to 0.01 g/t, and contained gold to 10,000 oz. Totals may appear different from the sum of their components because of rounding

This Mineral Resource estimate for the Okvau Gold project was prepared by Robin Simpson of SRK Consulting (Australasia) Ltd. Mr Simpson is a Member of the Australian Institute of Geoscientists (AIG), and has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to t he activity with which he was involved to qualify as a Competent Person as defined by the 2004 edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr Simpson consents to the inclusion of the matters based on his information in the form and context in which it appears. The information in this announcement that relates to Mineral Resources and Ore Reserves was prepared and first disclosed under the JORC code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported.

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