Ms. Marla Gale reports

DALRADIAN ANNOUNCES INCREASE TO PREVIOUSLY ANNOUNCED BOUGHT DEAL UNIT FINANCING

In connection with Dalradian Resources Inc.'s previously announced short-form-prospectus offering, Dalradian has entered into an amended agreement with a syndicate of underwriters led by Canaccord Genuity Corp. to increase the underwritten offering from $10.08-million to $15.03-million. The company has granted the underwriters an option to purchase up to an additional 15 per cent of the offering exercisable for a period of up to 30 days after the closing date, if the overallotment option is fully exercised, the total gross proceeds from the offering will be $17,284,500.

The net proceeds from the offering are expected to be used by the company for exploration and development activities at the company's Curraghinalt gold project and for general working capital purposes.

Closing of the offering is anticipated to occur on or around July 31, 2014, and is subject to certain conditions, including, but not limited to the receipt of all applicable regulatory approvals, including approval of the Toronto Stock Exchange. The units to be issued under the offering will be offered by way of a short-form prospectus in each of the provinces of Canada, except Quebec.

We seek Safe Harbor.