Pursuant to a resolution by the board of directors, Redhill Resources Corp. has consolidated its capital on a 1:10 basis. The name of the company has not been changed.

Effective at the opening on Wednesday, Oct. 16, 2013, the common shares of Redhill Resources will commence trading on the TSX-V on a consolidated basis. The company is classified as a mineral exploration and development company.

Postconsolidation

Capitalization:  unlimited shares with no par value of which 13,307,395 shares are issued and outstanding

Escrow:  nil

Transfer agent:  Computershare Investor Services Inc.

Symbol:  RHR (unchanged)

New Cusip No.:  757471206