ARIKA RESOURCES LIMITED — Share Issue/Capital Change 2024

Dec 18, 2024

ASX: ARI

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ASX RELEASE: 19 December 2024

Cleansing Notice

On 19 December 2024, Arika Resources Limited (“Arika” or “the Company”) issued 11,000,000 fully paid ordinary shares at $0.025 per share to related parties, as approved by shareholders at the General Meeting held on 18 December 2024.

The Company relies on section 708A of the Corporations Act 2001 (Cth) (the Act) in relation to the Issue.

In accordance with section 708A(5)(e) of the Act the following information is provided:

1. This notice is being given within five (5) business days after the day of Issue;

2. The Issue was made without disclosure to investors under Part 6D.2 of the Act;

3. This notice is given under section 708A(5)(e) of the Act;

4. As at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and section 674 and 674A of the Act; and

5. As at the date of this notice, there is no excluded information to be provided in accordance with section 708A(6)(e) of the Act.

This Announcement is approved by the Board of Arika Resources Limited.

ENQUIRIES

Investors

Justin Barton Managing Director +61 8 6500 0202 enquiries@arika.com.au

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ABN: 92 086 839 992 www.arika.com.au

Phone: 08 6500 0202 enquiries@arika.com.au