AERIS RESOURCES LIMITED — Capital/Financing Update 2014

Jul 2, 2014

ASX/MEDIA RELEASE

3 JULY 2014

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Straits

STRAITS RESOURCES LIMITED

(ASX: SRQ)

RECORD COPPER PRODUCTION FROM TRITTON IN FY2014

Straits Resources Limited ( Straits ) is pleased to advise that its Tritton Operation in New South Wales has achieved record annual copper production of 26,422 tonnes in FY2014 (see graph 1 below) and has exceeded the previously upgraded guidance for FY2014 of 26,000 tonnes. Contained copper production for the fourth quarter was 6,559 tonnes (see graph 2 below)

Graph 1 – Tritton Operations Annual Production

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----- Start of picture text ----- Graph 1 – Tritton Operations Annual Production Graph 2 – Tritton Operations Quarterly ProductionTritton Operations Annual Production (tonnes) Tritton Operations Quartely Production (tonnes) 27,000 1,800,000 7,500 450,000 25,000 1,600,000 7,000 400,000 6,500 350,000 23,000 1,400,000 6,000 300,000 21,000 1,200,000 5,500 250,000 19,000 1,000,000 5,000 200,000 17,000 800,000 4,500 150,000 15,000 600,000 4,000 100,000FY09 FY10 FY11 FY12 FY13 FY14 Q3 FY13 Q4 FY13 Q1 FY14 Q2 FY14 Q3 FY14 Q4 FY14Contained Copper (LHS) Ore Milled (RHS)Contained Copper (LHS) Ore Milled (RHS)----- End of picture text -----

Straits’ Executive Chairman Andre Labuschagne said: “This is a fantastic achievement and a credit to the hard work and dedication of the team. The focus over the last 18 months has been around consistency in both the mining operations and processing plant. This strategy has enabled us to move from being “mine constrained” to a point now where the pressure is on the processing plant, which I am proud to say has stepped up and just completed a record level of milled tonnes in the year. Our focus in the coming year is to maintain this momentum at an operational level by driving further cost and productivity improvements.”

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Andre Labuschagne Executive Chairman

For further information, please contact: Mr. Andre Labuschagne Executive Chairman Tel: +61 7 3034 6200, or visit our website at www.straits.com.au

Media: Michael Vaughan / Annette Ellis Cannings Purple Tel: +61 8 6314 6300 mvaughan@canningspurple.com.au / aellis@canningspurple.com.au