Mr. Patrick Anderson reports

DALRADIAN ARRANGES C$11.3 MILLION INVESTMENT WITH ROSS BEATY

Dalradian Resources Inc. has arranged for Ross Beaty to make an investment of $11,300,400 into the company by way of a non-brokered private placement. Upon closing of the private placement, Mr. Beaty will own approximately 9.9 per cent of Dalradian's issued and outstanding common shares.

Pursuant to the private placement, Mr. Beaty will acquire 12,556,000 units at a price of 90 cents per unit. Each unit will consist of one common share and one-half of one share purchase warrant. Each warrant shall be exercisable into one share of the company for a period of 24 months from closing at an exercise price of $1.15.

Patrick F.N. Anderson, Dalradian's chief executive officer, commented: "We are very happy to welcome Mr. Beaty as a significant new Dalradian shareholder. Ross's experience in the mining sector and track record of investment in mining companies speaks for itself. Mr. Beaty complements a strong shareholder base who share the vision of building a gold mine at Curraghinalt."

The company intends to use the net proceeds of the offering for exploration and development of the company's Curraghinalt gold project and for general working capital purposes.

Closing of the offering is anticipated to occur on or before Feb. 9, 2015, at which point the company is expected to have 152,606,483 common shares issued and outstanding, including the common shares issued for the private placement. All securities issued in the private placement will be subject to a statutory hold period in Canada of four months from closing. Closing of the private placement is subject to the execution of definitive documentation and receipt of all required regulatory approvals, including approval of the Toronto Stock Exchange. The company intends to apply for the admission of the common shares issuable in connection with the private placement on the Alternative Investment Market of the London Stock Exchange as soon as practicable.

We seek Safe Harbor.