Dalradian Resources Inc. : Rule 2.10 Announcement

Announcement under Rule 2.10 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2013 (the "Takeover Rules")

Rule 2.10 disclosure

Dalradian Resources Inc. (TSX: DNA/AIM: DALR) (the "Company"/"Dalradian") announces, in accordance with Rule 2.10 of the Takeover Rules, that at the close of business on 30 June 2017 Dalradian had the following relevant securities (within the meaning of the Takeover Rules) in issue: (i) 252,903,530 common shares (ISIN reference number: CA2354991002), (ii) 38,691,912 warrants in total of which (a) warrants (ISIN reference number: CA2354991341) over approximately 14.75 million common shares are listed on the Toronto Stock Exchange, and (b) warrants over approximately 23.95 million common shares are not listed on any stock exchange, (iii) options over 10,116,666 common shares in the Company, (iv) restricted share units redeemable for 1,885,000 common shares in the Company, and (v) deferred share units redeemable for 504,000 common shares in the Company.

The Directors of Dalradian accept responsibility for the information contained in this announcement. To the best of their knowledge and belief (having taken all reasonable care to ensure such is the case), the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information.

About Dalradian Resources Inc. Dalradian Resources Inc. is a gold exploration and development company that is focused on advancing its high-grade Curraghinalt Gold Project located in Northern Ireland, United Kingdom.

For more information: Marla Gale Vice President Communications +1 416 583 5600 investor@dalradian.com

Canaccord Genuity Limited (Broker) Henry Fitzgerald-O'Connor / Martin Davison +44 (0)20 7523 800

Grant Thornton UK LLP (Nominated Adviser) Philip Secrett / Richard Tonthat/Harrison Clarke +44 (0)20 7383 5100