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ALARA RESOURCES LIMITED Capital/Financing Update 2016

Jan 17, 2016

64461_rns_2016-01-17_fc2114e4-6061-4d4b-824e-2382f801c8d0.pdf

Capital/Financing Update

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Alara Resources Limited A.B.N. 27 122 892 719 Level 11, 216 St Georges Tce Perth WA 6000, Australia GPO Box 2517 Perth WA 6831

Telephone | +61 8 9481 0389 Facsimile | +61 8 9463 6103 Web | www.alararesources.com Email | [email protected]

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ASX/MEDIA RELEASE

Monday, 18 January 2016

OPTION EXPIRY

Alara Resources Limited (ASX: AUQ) (Company) advises that 10,000,000 options exercisable at $0.10 each on or before 15 January 2016 have expired, unexercised.

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For further information, please contact:

Justin Richard T | +61 8 9481 0389 Managing Director E | [email protected] Elizabeth Hunt T | +61 8 9481 0389 Company Secretary E | [email protected]

About Alara Resources

Alara Resources Limited (ASX: AUQ) is an Australian-based minerals exploration and mine development company with a portfolio of projects in Saudi Arabia and Oman. Alara has completed a Definitive Feasibility Study (DFS) on its flagship Khnaiguiyah ZincCopper Project in Saudi Arabia and an Advanced Scoping Study on its Al Hadeetha and Daris Projects in Oman. The Company is now transitioning towards establishing itself as an emerging base and precious metals mine development and production company. For more information, please visit: www.alararesources.com.

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ASX Code | AUQ