Golden Rim Resources Ltd

Share Purchase Plan Offer

Golden Rim Resources Ltd ABN 39 006 710 774 (Company) wishes to raise up to $1.5 million pursuant to the Golden Rim Resources Ltd 2013 Share Purchase Plan (Plan). The Company reserves the right to determine the amount it raises under the Plan. The Plan offers eligible shareholders the ability to subscribe for either $2,000, $5,000, $10,000 or $15,000 worth of fully paid ordinary shares in the Company (Shares) through the Plan. To be eligible, you were required to be registered as a holder of fully paid ordinary shares, with a registered address in Australia as at 5.00pm (WST) on 23 October 2013.
The funds raised from the Plan will be used:

 to progress the Bankable Feasibility Study at Balogo;

 an Auger drilling program at Korongou; and

 for additional working capital.

The offer of Shares under the Plan (Offer) opens on 31 October 2013 and closes at 5pm (WST) on 20 November 2013. No late applications will be accepted, however the directors of the Company (Directors) reserve the right to extend the closing date.
The purchase price for each Share under the Plan will be the price that is a 10% discount to the volume weighted average price of Shares sold on the Australian Securities Exchange (ASX) over the five trading days before the date Shares are issued under the Plan.
If you are eligible to subscribe for Shares under the Plan and you wish to participate, you must subscribe for either:
Option 1: $2,000 worth of Shares Option 2: $5,000 worth of Shares Option 3: $10,000 worth of Shares Option 4: $15,000 worth of Shares
No fraction of Shares will be issued. The Company reserves the right to allot fewer Shares than an eligible shareholder applies for under the Offer, or no Shares, and any determination by the Directors in respect of any scaling back will be final. If a scale back occurs, the Company will refund any excess application money to eligible shareholders (without interest).
Please carefully read the terms and conditions relating to the Offer, as you will be bound by them. If you have any questions in respect of the Plan, the Offer, or these terms and conditions please
contact Gilbert Rodgers or Hayley Butcher on (08) 9481 5758.

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Terms and Conditions

The following are the terms and conditions of the Offer under the Plan (Terms and Conditions). By accepting the offer to subscribe for Shares under the Plan, you will have agreed to be bound by these Terms and Conditions and the Company's constitution.

1. Class order 09/425 issued by the Australian Securities and Investments

Commission

The Offer has been structured to comply with the Australian Securities and Investments Commission Class Order 09/425 (as may be amended from time to time) (ASIC Class Order 09/425) to enable the Company to offer Shares without a prospectus.

2. Opening and closing date of the Offer

The Offer opens at 9.00am (WST) on 31 October 2013. The Offer closes at 5.00pm (WST) on 20 November 2013.
No late applications will be accepted, however the Directors reserve the right to extend the closing date.

3. Who is eligible to participate in the offer?

You are eligible to apply for Shares under the Offer if:

 your registered address, as recorded in the Company's register of members, is in

Australia or New Zealand; and

 you were registered as a holder of Shares as at 5.00pm (WST) on 23 October 2013. The Offer to each eligible shareholder is made on the same terms and conditions.

The Offer is non-renounceable (ie. you may not transfer your right to subscribe for Shares under the Offer to anyone else).

4. Is the Offer voluntary?

The Offer is entirely voluntary and is subject to these Terms and Conditions. You do not have to participate if you don't want to.

5. How will the issue price be determined?

The issue price will be the price that is a 10% discount to the volume weighted average price of Shares sold on the ASX over the five trading days before the date Shares are issued under the Plan (Issue Price). The Company will announce the final Issue Price for the Offer on the date that it issues the Share under the Offer, which will be after the Offer closes. The Company intends to issue the Shares under the Offer on or about 26
November 2013.

6. Important information on price risk to consider

Before deciding whether to accept the Offer, you should refer to the current market price of Shares, which can be obtained from the financial pages of your daily newspaper, your stockbroker, your financial adviser, or the ASX. Please note that the market price of Shares may rise or fall between the date of this Offer and the date when the Shares are

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issued to you under the Plan. This means that the price you pay per Share under this Offer may be greater than or less than the price of Shares at the time of this Offer. In determining whether you wish to participate in this Offer and the extent to which you participate, you should seek your own personal financial and/or taxation advice referable to your own circumstances.

7. How much can you invest in the Offer?

Subject to paragraph 8, if you are an eligible shareholder under the Plan, you can subscribe for a maximum of $15,000 worth of Shares. The following options to subscribe for Shares under the Plan are available:

Accordingly, if you apply for Shares under the Offer, you agree to contribute a certain amount to buy Shares, rather than to apply for a certain number of Shares. The number of Shares you receive will be the number of Shares rounded down to the nearest whole number after dividing the dollar amount by the Issue Price (subject to any scaleback as referred to in paragraph 11).
Please note that the maximum limit of $15,000 worth of Shares applies to you even if you receive more than one Offer from the Company. For example, if you are both a sole and a joint shareholder of the Company as at 23 October 2013, you can only apply for Shares under the Offer once, either in your capacity as sole shareholder or joint shareholder, not both.
No fractions of Shares will be issued.

8. Custodian Certification

If on 23 October 2013 you were a custodian within the definition of "custodian" in ASIC Class Order 09/425 (Custodian) and hold Shares on behalf of one or more persons (each a Participating Beneficiary), you may apply for up to a maximum of $15,000 worth of Shares for each Participating Beneficiary, subject to providing a notice in writing to the Company on application for Shares pursuant to the Offer certifying the following:
(a) either or both of the following:
(i) that the Custodian holds Shares on behalf of one or more other persons
(Participating Beneficiaries) that are not Custodians; and
(ii) that another Custodian (Downstream Custodian) holds beneficial
interests in Shares on behalf of one of more other persons (each a Participating Beneficiary), and the Custodian holds the Shares to which those beneficial interests relate on behalf of the Downstream Custodian or another Custodian,
on the Record Date and that each Participating Beneficiary has subsequently instructed the following persons:
(iii) where paragraph 8(a)(i) applies-the Custodian; and
(iv) where paragraph 8(a)(ii) applies-the Downstream Custodian, to apply for Shares on their behalf under the Plan;
(b) the number of Participating Beneficiaries;
(c) the name and address of each Participating Beneficiary; (d) in respect of each Participating Beneficiary:

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(i) where paragraph 8(a)(i) applies - the number of Shares that the
Custodian holds on their behalf; and
(ii) where paragraph 8(a)(ii) applies - the number of Shares to which the beneficial interest relate;
(e) in respect of each Participating Beneficiary:
(i) where paragraph 8(a)(i) applies - the number or the dollar amount of
Shares they instructed the Custodian to apply for on their behalf; and
(ii) where paragraph 8(a)(ii) applies-the number or the dollar amount of Shares they instructed the Downstream Custodian to apply for on their behalf;
(f) that there are no Participating Beneficiaries in respect of which the total of the application price for the following exceeds $15,000:
(i) the Shares applied for by the Custodian on their behalf under the Plan;
and
(ii) any other Shares issued to the Custodian in the 12 months before the application under the Plan as a result of an instruction given by them to the Custodian or the Downstream Custodian to apply for Shares on their behalf under an arrangement similar to the Plan;
(g) that a copy of this Offer document was given to each Participating Beneficiary;
and
(h) where clause paragraph 8(a)(ii) applies - the name and address of each Custodian who holds beneficial interests in the Shares held by the Custodian in relation to each Participating Beneficiary.
In providing a certificate under this paragraph 8, the Custodian may rely on information provided to it by the Participating Beneficiary and any Custodian who holds beneficial interests in the Shares held by the Custodian.
For the purpose of ASIC Class Order 09/425, you are a Custodian if you are a registered holder of Shares that:
(a) that holds an Australian financial services licence that:
(i) covers the provision of a custodial or depositary service; or
(ii) covers the operation of an IDPS (as defined in ASIC Class Order CO
13/1763); or
(b) that is exempt from the requirement to hold an Australian financial services licence for the provision of a custodial or depositary service under:
(i) paragraph 7.6.01(1)(k) of the Corporations Regulations 2001 (Cth) (Regulations); or
(ii) paragraph 7.6.01(1)(na) of the Regulations; or
(iii) ASIC Class Order [CO 05/1270] to the extent that it relates to ASIC Class Order [CO 03/184];or
(iv) ASIC Class Orders [CO 03/1099], [CO 03/1100], [CO 03/1101], [CO
03/1102], [CO 04/829] or [CO 04/1313]; or
(v) an individual instrument of relief granted by ASIC to a person in terms similar to one of the class orders referred to in subparagraph (iv); or
(vi) paragraph 911A(2)(h) of the Corporations Act 2001 (Cth);
(c) that is a trustee of a:
(i) self-managed superannuation fund; or
(ii) superannuation master trust;
(d) that is the responsible entity of an IDPS-like scheme; or
(e) that is the registered holder of Shares and is noted on the register of members of the body or scheme (as the case may be) as holding the shares or interests on account of another person.

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If you hold Shares as a trustee or nominee for another person, but are not a Custodian as defined above, you cannot participate for beneficiaries in the manner described above. In this case, the rules for multiple single holdings set out in paragraph 7 apply.

9. Shareholder Certification

Subject to paragraph 8, an eligible shareholder must, on application for Shares pursuant to the Offer, certify to the Company that the total of the application price for the following does not exceed $15,000:
(a) the Shares the subject of the application under the Plan;
(b) any other Shares issued to the eligible shareholder under the Plan or any similar arrangement in the 12 months before the application under the Plan;
(c) any other Shares which the eligible shareholder has instructed a Custodian to acquire on their behalf under the Plan; and
(d) any other Shares issued to a Custodian in the 12 months before the application under the Plan as a result of an instruction given by the eligible shareholder to the Custodian to apply for Shares on their behalf under an arrangement similar to the Plan.

10. Costs of Participation

The only cost to you associated with the Offer is the issue price of the number of Shares you wish to subscribe for. Under the Offer you do not have to pay for brokerage, commission or other transaction costs which would normally apply when you acquire Shares on market.

11. Allotment of Shares and Variation on Number of Shares Issued

The Shares will be allotted within 10 business days after the closing date.
The Company's share registry, Security Transfer Registrars Pty Limited, will send to you a holding statement in due course.
A maximum of $1.5 million will be raised pursuant to the Plan however, the Company reserves the right to change this maximum at its discretion by announcement to ASX. The Company reserves the right to determine the amount it raises through the Offer. Without limiting the above, the Company reserves the right to allot fewer Shares than an eligible shareholder applies for under the Offer or no Shares, in the Company's discretion or if the Company believes the allotment of those Shares would contravene any law or the ASX Listing Rules. No interest will be paid on any money returned.

12. What Rights Will the Shares Carry?

Once the Shares are issued, they will rank equally with existing Shares in the Company and will carry the same voting rights, dividend rights, and entitlements to dividends, rights and bonus issues.

13. Can the Company Change the Plan?

The Plan may be changed, suspended or terminated by the Company at any time. If the
Company changes, suspends or terminates the Plan it will advise ASX. The accidental

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omission to give notice of changes to or suspension or termination of the Plan or the non- receipt of any such notice will not invalidate the change, suspension or termination.

14. Directors' Participation

The directors of the Company, as eligible shareholders, may participate in the Offer (without having to obtain shareholder approval), on the same terms as all other shareholders in the Company.

15. How Do You Pay for the Shares?

All amounts in this Offer are expressed in Australian dollars. You must pay for the
Shares either by:
(a) BPAY® payment via internet or phone banking. You must also quote your reference number which is on the Share Purchase Plan Application Form. If you use this method, you should be aware of your financial institution's cut-off time (the time payment must be made by to be processed overnight). It is your responsibility to ensure funds are submitted correctly by the closing date and time; or
(b) cheque, bank draft or money order in Australian dollars. Please make your cheque, bank draft or money order payable to "Golden Rim Resources Ltd - Share Account" and cheques are crossed "Not Negotiable".

16. Please ensure payment is for the exact amount.

If you do not provide the exact amount, the Company reserves the right to, where you have not elected to pay by BPAY®, return your Share Purchase Plan Application Form and cheque, bank draft or money order. If the Company returns your Share Purchase Plan Application Form and cheque, bank draft or money order, no Shares will be allotted to you.
If you make a BPAY® payment and do not provide the exact amount, you will be deemed to have applied for such Shares for which you have paid, subject to the Terms and Conditions of the Plan.
You may only apply for the following: Option 1 - Total amount payable at $2,000
Option 2 - Total amount payable at $5,000
Option 3 - Total amount payable at $10,000
Option 4 - Total amount payable at $15,000.
The minimum dollar amount of Shares you may subscribe for is $2,000 and the maximum dollar amount of Shares you may subscribe for is $15,000 Shares.

17. Will the Shares be quoted on the ASX?

The Company will apply for the Shares allotted to you to be quoted on ASX, within the relevant period specified in the ASX Listing Rules.

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18. How is a Dispute Resolved?

The Company may settle any dispute in connection with the Plan in any manner it thinks fit, whether generally or in relation to any participant, application or Share. The Company's decision shall be final and binding.
The Company reserves the right to waive strict compliance with any provision of these
Terms and Conditions.

HOW DO YOU APPLY FOR SHARES UNDER THE OFFER

1. If you want to participate in this Offer please carefully read the Terms and Conditions relating to the Offer.
2. If you elect to make a BPAY® payment, please follow the instructions for BPAY® set out in the Share Purchase Plan Application Form (which includes the Biller Code and your unique customer Reference Number). Please ensure you make a payment for the exact amount of the value of Shares you want to subscribe for. You will be deemed to have applied for such Shares for which you have paid, subject to the Terms and Conditions of the Plan. You must quote your reference number which is on the Share Purchase Plan Application Form.
If you use this method, you should be aware of your financial institution's cut-off time (the time payment must be made by to be processed overnight). It is your responsibility to ensure funds are submitted correctly by the closing date and time, being no later than
5pm (WST) on 20 November 2013. No late applications will be accepted, although the Directors reserve the right to extend the closing date.

You do not need to return the Share Purchase Plan Application Form if you have made payment via BPAY®. Once you have made your BPAY® payment you cannot withdraw or cancel your application for Shares under the Plan and your application is unconditional.

3. If you send in your cheque, bank draft or money order, you must complete all the required details in the enclosed Share Purchase Plan Application Form, noting that all amounts are expressed in Australian dollars:
(i) Cross the box for the value of Shares you want to subscribe.
(ii) Insert your name and telephone contact number and/or email address so that we may contact you if necessary.
(iii) You do not need to sign the Share Purchase Plan Application Form.
(iv) Ensure your cheque, bank draft or money order is made out for the exact amount of the Share parcel you want to subscribe for, payable to "Golden Rim Resources Ltd - Share Account" and cheques crossed "Not Negotiable".
(v) Return the completed Share Purchase Plan Application Form, together with the cheque, bank draft or money order to Security Transfer Registrars Pty Limited. Once you have sent in your completed Share Purchase Plan Application Form you cannot withdraw or cancel your application for Shares under the Plan and your application is unconditional.
(vi) Ensure that your completed Share Purchase Plan Application Form and payment reach Security Transfer Registrars by the closing date of the Offer being no later

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than 5pm (WST) on 20 November 2013. No late applications will be accepted, although the Directors reserve the right to extend the closing date.
In determining whether you wish to participate in this Offer you should seek personal financial and/or taxation advice referable to your own circumstances.

By accepting this Offer you agree to be bound by the Terms and Conditions of the Offer and the Constitution of the Company.

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