STRIKE RESOURCES LIMITED — Share Issue/Capital Change 2012

Dec 30, 2012

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003.

Name of entity

	Strike Resources Limited (SRK)
--	--------------------------------	--	--

ABN

94 088 488 724

issued

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

• 1 +Class of +securities issued or to be issued Fully paid, ordinary shares 2 Number of +securities issued or to be issued (if known) or 2,800,000 (two million, eight hundred thousand)
• 3 Principal terms of the +securities (eg, if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)

maximum number which may be

Fully paid, ordinary shares

4	Do the +securities rank equally inall respects from the date ofallotment with an existing +classof quoted +securities?	Yes
	If the additional securities do notrank equally, please state:the date from which they dotheextenttowhichtheyparticipateforthenextdividend, (in the case of atrust, distribution) or interestpaymentthe extent to which they do notrank equally, other than inrelation to the next dividend,distribution or interest payment
5	Issue price or consideration	The shares were issued as part considerationfor the acquisition by Strike Resources LimitedofapproximatelyPeruvian company Apurimac Ferrum S.A.	50%	ofthe	sharesin
6	Purpose of the issue(If issued as consideration for theacquisitionofassets,clearlyidentify those assets)	The shares were issued as part considerationfor the acquisition by Strike Resources Limitedofapproximately50%ofthesharesinPeruvian company Apurimac Ferrum S.A.
7	Dates of entering +securities intouncertificatedholdingsordespatch of certificates	28 December 2012
		Number		+Class
8	+classNumberandofall+securitiesquotedonASX(including the securities in clause2 if applicable)	145,334,268		shares	Fully-paid ordinary(ASX Code: SRK)
9	+classNumberandofall+securities not quoted on ASX(including the securities in clause2 if applicable)	See Table A (below)
	Table A - Reconciliation of quoted and unquoted securities:
	The Company currently has the followingsecurities on issue:	Quotedon ASX		Not Quotedon ASX	Total
	Fully paid, ordinary shares	145,334,268			145,334,268
	$2.878 (3 March 2013) employee options			250,000	250,000
$0.36 (23 November 2016) employee options				1,416,668	1,416,668
	$0.42 (23 November 2016) employee options$0.56 (23 November 2016) employee options			1,416,6661,416,666	1,416,6661,416,666
Total		145,334,268		4,500,000	149,834,268

10 Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)

N/A

Part 2 - Bonus issue or pro rata issue

• 11 Is security holder approval required? N/A 12 Is the issue renounceable or non-renounceable? N/A 13 Ratio in which the +securities will be offered N/A 14 +Class of +securities to which the offer relates N/A 15 +Record date to determine entitlements N/A 16 Will holdings on different registers (or subregisters) be aggregated for calculating entitlements? N/A 17 Policy for deciding entitlements in relation to fractions N/A 18 Names of countries in which the entity has +security holders who will not be sent new issue documents Note: Security holders must be told how their entitlements are to be dealt with. Cross reference: rule 7.7. N/A 19 Closing date for receipt of acceptances or renunciations N/A 20 Names of any underwriters N/A 21 Amount of any underwriting fee or commission N/A 22 Names of any brokers to the issue N/A 23 Fee or commission payable to the broker to the issue N/A 24 Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of +security holders N/A
• 25 If the issue is contingent on +security holders' approval, the date of the meeting

N/A

26	Date	entitlement	and
	acceptance form and prospectus
	or Product Disclosure Statement
	will be sent to persons entitled

• 27 If the entity has issued options, and the terms entitle option holders to participate on exercise, the date on which notices will be sent to option holders
• 28 Date rights trading will begin (if applicable)
• 29 Date rights trading will end (if applicable)
• 30 How do +security holders sell their entitlements in full through a broker?
• 31 How do +security holders sell part of their entitlements through a broker and accept for the balance?
• 32 How do +security holders dispose of their entitlements (except by sale through a broker)?

N/A

N/A

N/A

N/A

N/A

N/A

N/A 33 +Despatch date N/A

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

• 34 Type of securities (tick one)
• (a) Securities described in Part 1
• (b) All other securities

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

Tick to indicate you are providing the information or documents

35 If the +securities are +equity securities, the names of the 20 largest holders of the additional +securities, and the number and percentage of additional +securities held by those holders

36 If the +securities are +equity securities, a distribution schedule of the additional +securities setting out the number of holders in the categories 1 - 1,000 1,001 - 5,000 5,001 - 10,000 10,001 - 100,000 100,001 and over

37 A copy of any trust deed for the additional +securities

Entities that have ticked box 34(b)

38	Number of securities for which+quotation is sought	N/A
39	Class of +securities for whichquotation is sought	N/A
40	Do the +securities rank equally inall respects from the date ofallotment with an existing +classof quoted +securities?	N/A
	If the additional securities do notrank equally, please state:the date from which they dotheextenttowhichtheyparticipateforthenextdividend, (in the case of atrust, distribution) or interestpaymentthe extent to which they donot rank equally, other than inrelation to the next dividend,distributionorinterestpayment
41	Reason for request for quotationnowExample:Inthecaseofrestrictedsecurities,endofrestriction period(if issued upon conversion of	N/A
	another security, clearly identifythat other security)
		Number	+Class
42	+classNumberandofall+securitiesquotedonASX(including the securities in clause38)	N/A

Quotation agreement

• 1 +Quotation of our additional +securities is in ASX's absolute discretion. ASX may quote the +securities on any conditions it decides.
• 2 We warrant the following to ASX.
  • The issue of the +securities to be quoted complies with the law and is not for an illegal purpose.
  • There is no reason why those +securities should not be granted +quotation.
  • An offer of the +securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any +securities to be quoted and that no-one has any right to return any +securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the +securities be quoted.
• We warrant that if confirmation is required under section 1017F of the Corporations Act in relation to the +securities to be quoted, it has been provided at the time that we request that the +securities be quoted.
• If we are a trust, we warrant that no person has the right to return the +securities to be quoted under section 1019B of the Corporations Act at the time that we request that the +securities be quoted.
• 3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.
• 4 We give ASX the information and documents required by this form. If any information or document not available now, will give it to ASX before +quotation of the +securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

Sign here: _______________________________________ Date: 31/12/2012

Print name: Stephen Gethin, Company Secretary