Placing to raise £175,000 & loan note conversion

5 August 2015

Red Leopard Holdings Plc

("Red Leopard" or the "Company")

Placing to raise £175,000 & loan note conversion

Placing

Red Leopard is pleased to announce that the Company has raised a total of £175,000 before expenses through the placing of 175,000,000 ordinary shares of 0.1p each ("Ordinary Shares") at a price of 0.1p each with new investors introduced by Beaufort Securities Limited (the "Placing"). Subscribers for these Ordinary Shares under the Placing will also be granted 1.5 warrants for every 1 share subscribed for under the Placing, to subscribe for further Ordinary Shares at a price of 0.1p per share, valid for 3 years.

Use of funds

The net proceeds of the Placing will enable the Company to access and clear the Idora Tunnel for the purposes of exploration on its mining claims in the vicinity of Shoshone County, Idaho. The Placing will also provide the Company with additional working capital.

Loan note conversion

The Company also announces that it has received a request from City & Westminster Corporate Finance LLP to convert all £20,000 of its convertible loan notes currently in issue into 20,000,000 Ordinary Shares at a conversion price of 0.1p (the "Conversion"). Following the Conversion, Red Leopard will no longer have convertible loan notes outstanding and City and Westminster will hold 3.57% of the Company's enlarged issued share capital with voting rights.

Directors' Subscription and related party transaction

The directors of Red Leopard are also subscribing for a total of 131,458,333 Ordinary Shares in the Company, at a price of 0.1p, in order to satisfy their accrued salaries and fees from the last eighteen months (the "Directors' Subscription"). A summary of the Directors' Subscription is set out below:

The Directors' Subscription is classified as a related party transaction in accordance with AIM Rule 13. The Company's Nominated Adviser considers that the terms of the Director's Subscription are fair and reasonable insofar as the Company's shareholders are concerned.

Total voting rights

Application will be made for 326,458,333 new Ordinary Shares to be admitted to trading on AIM, with dealings expected to commence on 19 August 2015. The new Ordinary Shares will, when issued, rank pari passu in all respects with the existing issued shares of the Company. Following admission of the new ordinary shares the Company will have 586,279,061 Ordinary Shares of 0.1p, with voting rights, in issue. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.