ARIKA RESOURCES LIMITED — Capital/Financing Update 2012

Sep 16, 2012

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Suite 6, 245 Churchill Ave. Subiaco WA 6008 Phone: +61 8 9217 3300 | Fax: +61 8 9388 3006

www.pldcorporation.com.au

17th September 2012

Market Update

The Board of Directors of PLD Corporation Ltd (ASX:PLD) (“PLD” or “the Company”) are pleased to announce the acquisition of Stuart Town Gold Pty Ltd, the owner of the Stuart Town Gold Project (EL7948), located in New South Wales.

Description

The Stuart Town project is comprised of a single exploration licence located in the central west of New South Wales, 65km north of Orange.

The gold deposits around Stuart Town occur in quartz reefs, and in deep leads as sand and quartz pebble layers beneath basalt flows, or as river bed alluvial deposits (close to quartz reefs).

The Company believes the Stuart Town Gold Project (45 units) retains most of the prospective areas that were previously held by Waratah Gold Limited under EL6575 (90 units, covering an area of approximately 260km2).

Per the Waratah Gold Limited IPO Prospectus dated 27 May 2008 (p15) relating to EL6575, it noted that:

There are over 80 lode gold deposits situated within the project area which include 43 historic mines and numerous alluvial gold workings. Approximately 170 000 oz of gold has historically been produced from this area.

All except two of the mines lie within the Stuart Town volcanoclastics. The gold occurs in quartz veins which range in thickness from 10cm to 1.2m, averaging 30-40cm thick. The thickness of these veins and the tenor of the gold has been seen to decrease with depth in most mines.

Previous explorers have focussed upon historical workings, and exploration in these locations has consisted mainly of geochemical and rock chip sampling with some underground channel sampling.

Source Waratah Gold IPO Prospectus dated 27 May 2008 at p15]

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Suite 6, 245 Churchill Ave. Subiaco WA 6008 Phone: +61 8 9217 3300 | Fax: +61 8 9388 3006 www.pldcorporation.com.au

Consideration for the Purchase of Stuart Town Gold

The Company has agreed to acquire a 100% direct interest in the Stuart Town Gold Project via acquiring the company which owns EL 7948 in consideration for $45,000 and the grant of a 1.5% Net Smelter Royalty to the vendor. The Company has also agreed to replace the $10,000 environmental bond and to reimburse the vendor’s costs of $4,588. Completion is subject to the Company being registered as the owner of 100% of Stuart Town Gold Pty Ltd and regulatory approvals with the consideration being payable 7 days after these approvals are obtained or the date of the contract, whichever is the later.

Hip Prosthesis Development

The Company is in advanced negotiations with respect to the formation of an orthopaedic prosthesis development joint venture. The aim of the proposed joint venture is to develop a new hip prosthesis (both cup and stem). It is proposed that the technology to be developed will be partially based on the Company’s Margron hip replacement technology and know-how. The outcome of these negotiations will be released to the market.

For more information please call:

Andrew Whitten Company Secretary +61 2 8072 1400