ARIKA RESOURCES LIMITED — Capital/Financing Update 2017

Aug 1, 2017

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MARKET RELEASE

2 August 2017

Metalicity Limited

TRADING HALT

The securities of Metalicity Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Monday, 7 August 2017 or when the announcement is released to the market.

Security Code: MCT

Isabelle Andrews ADVISER, LISTINGS COMPLIANCE (PERTH)

www.asx.com.au (03) 9617 8772 Customer service 13 12 79 cheng.tang@asx.com.au

20 Bridge Street Sydney NSW 2000

ASX Compliance Pty Limited ABN 26 087 780 489

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Metalicity Limited 6 Outram Street West Perth WA 6005 Ph: + 61 8 9324 1053 Fax: +61 8 9324 3366 Web: www.metalicity.com.au

ASX Code: MCT

2 August 2017

Sandra Wutete Adviser, Listings Compliance (Perth) ASX Compliance Pty Ltd Level 40, Central Park, 152-158 St Georges Terrace Perth WA 6000

By Email: tradinghaltsperth@asx.com.au; Sandra.Wutete@asx.com.au

Dear ASX

REQUEST FOR TRADING HALT: METALICITY LTD (ASX CODE: MCT)

In accordance with Listing Rule 17.1, the Company requests a trading halt in respect of its securities, to take effect pre-open Thursday 3August 2017.

The Company is seeking the trading halt pending an announcement to the market regarding a capital raising.

The Company requests the trading halt to remain in place until the earlier of such time as it makes an announcement to the market in relation to the capital raisings or the commencement of trading on Monday 7 August 2017.

We confirm the Company is in compliance with LR3.1 and are not aware of any reason why the Company’s request should not be granted.

Yours sincerely,

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Neil Hackett Company Secretary

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