ORE RESOURCES LIMITED — Capital/Financing Update 2015

Jul 14, 2015

15 July 2015

Market Announcements Platform ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

First Tranche of US$500,000 Funding Forwarded from Xtract

Auroch Minerals NL (ASX: AOU) (the Company ), is pleased to advise that the first tranche of US$500,000 in funding from Xtract Resources plc ( Xtract ) has been forwarded to the Company. Under the terms of the recently announced binding agreement for the sale of 100% of the Manica Mining Concession 3990C ( Project ) ( Transaction ), Xtract has agreed to provide funding up to a maximum of US$1.5 million for the Company to settle project-related creditors. The Company has agreed that the full US$1.5 million payment will give Xtract a 12% interest in the Company’s subsidiary, Auroch Mozambique Pty Ltd.

Media Coverage of Transaction in Business Day Live

The Company has been made aware of media coverage of the Transaction and the history of the Project at bdlive.co.za. Shareholders interested in this media coverage can obtain a link to this article by visiting the Company’s website below.

For further information visit www.aurochminerals.com or contact:

Glenn Whiddon Chairman Auroch Minerals NL T: +61 8 9486 4036