STRIKE RESOURCES LIMITED — Capital/Financing Update 2016

Nov 24, 2016

Friday, 25 November 2016

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MARKET ANNOUNCEMENT

Lapse of Unlisted Options

Strike Resources Limited (ASX: SRK) ( Strike ) advises that the following unlisted options have lapsed recently:

Lapsed Options

№ ofOptions	Date of Lapse	Description of Options	ExercisePrice	Date of Issue	Expiry Date
1,166,668	23 November	$0.36 (23 November 2016)	$0.36	24 November	23 November
	2016	Unlisted Options1		2016	2016
1,166,666	23 November	$0.42 (23 November 2016)	$0.42	24 November	23 November
	2016	Unlisted Options1		2011	2016
1,166,666	23 November	$0.56 (23 November 2016)	$0.56	24 November	23 November
	2016	Unlisted Options1		2011	2016

The Company’s current issued share capital is as follows:

Issued Securities

Class of Security	Quoted on ASX	Unlisted	Total
Fully paid ordinary shares	145,334,268	-	145,334,268
$0.30(17 June 2018)Unlisted ManagingDirector’s Options2	-	3,000,000	3,000,000
TOTAL	145,334,268	3,000,000	148,334,268

FOR FURTHER INFORMATION

William Johnson Managing Director T | (08) 9214 9700 E | wjohnson@strikeresources.com.au

Victor Ho Director and Company Secretary T | (08) 9214 9700 E | cosec@strikeresources.com.au

1 Refer Strike’s ASX announcement dated 24 November 2011: Appendix 3B - Issue of Personnel Options and Strike’s Notice of AGM lodged on ASX on 24 October 2011

2 Refer Strike’s ASX announcement dated 18 June 2013: Appendix 3B – Grant of Options and Cancellation of Options and Strike’s Notice of General Meeting lodged on ASX on 17 May 2013

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www.strikeresources.com.au

STRIKE RESOURCES LIMITED

A.B.N. 94 088 488 724

Level 2, 23 Ventnor Avenue, West Perth, Western Australia 6005

ASX : SRK

E | info@strikeresources.com.au

T | (08) 9214 9700

F | (08) 9214 9701