Ms. Marla Gale reports

DALRADIAN CLOSES C$27 MILLION FINANCINGS

Dalradian Resources Inc. has closed its bought-deal prospectus offering pursuant to which the company issued 19,205,000 units of the company (which included the exercise in full of the overallotment option) at a price of 90 cents per unit for gross proceeds of $17,284,500. The offering was conducted through a syndicate of underwriters led by Canaccord Genuity Corp., and including Cormark Securities Inc., BMO Capital Markets, Beacon Securities Ltd., Dundee Securities Ltd., Jennings Capital Inc. and National Bank Financial Inc. Each unit consisted of one common share of the company and one-half of one common share purchase warrant. Each warrant is exercisable for one common share of the company at an exercise price of $1.50 until July 31, 2017.

The company has also completed a concurrent non-brokered private placement pursuant to which the company issued 11.2 million units at the offering price for additional aggregate gross proceeds of $10.08-million. Units in the concurrent placement were subscribed for by clients and affiliates of Sprott Private Wealth LP. The units issued pursuant to the concurrent placement, and all securities issuable thereunder, are subject to a statutory hold period under Canadian securities legislation until Dec. 1, 2014. The net proceeds from the offering and the concurrent placement 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.

We seek Safe Harbor.