ARIKA RESOURCES LIMITED — Earnings Release 2015

Jul 26, 2015

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ABN 92 086 839 992

Appendix 4E ASX Listing Rule 4.3A Preliminary Final Report Year ended 30 June 2015 (Previous corresponding period year ended 30 June 2014)

Results for Announcement to the Market

Results for Announcement to the Market	Results for Announcement to the Market
		$		% increase/(decrease) over previous corresponding period
Revenue from continuing operations		9,812		(25.0%)
(Loss) from continuing activities after tax attributable to members		(1,739,639)		66.0%
Net (loss) for the period attributable to members		(1,789,639)		70.8%
Dividends(distributions)	Amountper security		Franked amountper security
Final Dividend	N/a				N/a
Interim Dividend	N/a				N/a
Record date for determining entitlements to the dividends(if any)					N/a
Brief explanation of any of the figures reported above necessary to enable the figures o be understood					N/a

Dividends
Date the dividend ispayable	N/a
Record date to determine entitlement to the dividend	N/a
Amountper security	N/a
Total dividend	N/a
Amountper securityof foreign sources dividend or distribution	N/a
Details of anydividend reinvestmentplans in operation	N/a
The last date for receipt of an election notice for participation in any dividend reinvestment plans	N/a

NTA Backing

NTA Backing
	Current Period	Previous corresponding period
Net tangible asset backing per ordinary security (cents per share	0.03cents	0.02 cents
Control Gained Over Entities Having Material Effect
Name ofentity (orgroup ofentities)	N/A
Date controlgained	N/A
Profit / (loss) from ordinary activities after tax of the controlled entity since the date in the current period on which control was acquired	N/A
Profit / (loss) from ordinary activities after tax of the controlled entity (or group of entities) for the whole of the previous corresponding period	N/a

Loss of Control Over Entities Having Material Effect	Loss of Control Over Entities Having Material Effect
Name of entity (orgroupof entities)	N/a

Details of Associates and Joint Venture Entities Nameamemee of entif entientintitiity r group roup of entitif entitientitintitititiititiies) N/a

Nameamemee of entif entientintitiity (or group of entitif entitientitintitititiititiies)

Foreign Entities Accounting Framework

For foreign entities provide details of which accounting standards have been N/a adopted (e.g. International Accounting Standards)

Audit/Review Status This report is based on accounts to which once of the following applies: (Tick one) The accounts have been audited The accounts are in the process of being √ audited If the accounts are subject to audit dispute or qualification, a description of the dispute or qualification:

The audit opinion has an emphasis of matter in relation to the going concern basis as follows:

The financial report has been prepared on the going concern basis that contemplates the continuity of normal business activities and the realisation of assets and extinguishment of liabilities in the ordinary course of business. For the year ended 30 June 2015, the Group recorded a loss of $1,789,639 (2014: $1,047,754) and had cash and cash equivalents of $442,799 (2014: $164,629).

The Group has entered into conditional contracts to acquire mining tenements at Admiral Bay and Rocky Gully and has also entered into a conditional contract to sell a 1% Net Smelter Royalty over the Admiral Bay tenements for USD$5,000,000. Upon completion of these conditional contracts, the Group will have sufficient working capital funds for the next twelve months to continue its normal business activities and to ensure the realisation of assets and extinguishment of liabilities as and when they fall due.

The Directors remain confident that they will be able to complete the above contracts, however there can be no guarantee. If the contracts do not complete, the Group will need to raise new funds in order to meet its obligations over the next twelve months. Consequently an uncertainty exists that may cast doubt on the Group’s ability to fund this cash shortfall and therefore be unable to meet its commitments and discharge its liabilities in the normal course of business for a period not less than twelve months from the date of this report.

Attachments Forming Part of the Appendix 4E The Company’s final 2015 Annual Report is attached and forms part of the Appendix 4E

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Matthew Gauci Managing Director 24 July 2015