Luiri Gold : Half Yearly Report

LUIRI GOLD LIMITED EXEMPT COMPANY NO. 46884 ARBN 139 588 926

Half‐year Report 30 June 2016

LUIRI GOLD LIMITED EXEMPT COMPANY ‐ 46884 CONTENTS

Corporate information 1

Directors' report 2

Condensed statement of comprehensive income 3

Condensed statement of financial position 4

Condensed statement of changes in equity 5

Condensed statement of cash flows 6

Notes to the condensed financial statements 7

Directors' declaration 10

Independent auditor's review report 11

CORPORATE INFORMATION

Directors Rob Brown

Stuart Murray Angela Pankhurst Peter Hawkins

Company secretary Angela Pankhurst

Registered office Clarendon House 2 Church Street

Hamilton, Bermuda

Australian office c/‐ Westland Settlements Pty Ltd Suite 5, 9 Bowman Street

South Perth, Western Australia 6151 Telephone: +61‐8 6102 0399

Facsimile: +61‐8 6323 4661

Share registry Computershare Investor Services Pty Ltd Reserve Bank Building

Level 11, 172 St Georges Terrace Perth, Western Australia 6000

Auditors HLB Mann Judd

Chartered Accountants Level 4, 130 Stirling Street

Perth, Western Australia 6000

Solicitors HWL Ebsworth Lawyers

Level 11, 167 St Georges Terrace Perth, Western Australia 6000

ASX code Luiri Gold Limited is listed on the Australian Securities Exchange (Shares: LGM)

Website www.luirigold.com

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LUIRI GOLD LIMITED

DIRECTORS' REPORT

Your Directors present their financial report for the half‐year ended 30 June 2016. The financial report is prepared in accordance with the Bermudian Companies Act, 1981.

Directors

The following persons were Directors of Luiri Gold Limited (the Company or Luiri) during the whole of the period and up to the date of this report unless otherwise stated:

Robert Brown - Non‐executive Chairman

Stuart Murray - Managing Director Peter Hawkins - Non‐Executive Director Angela Pankhurst - Executive Director

Review of operations

The Company sold its interests in the Luiri Hill Gold Project in 2014 and currently has no operations.

Corporate

During 2016 the directors continued to evaluate potential investments, and having been unable to identify a mining asset that is a good value proposition for the Company's shareholders, expanded the range of investments being considered to include projects outside the resources industry.

Administration costs are being kept to a minimum and directors' fees will be paid in shares, subject to shareholder approval, to preserve cash.

The Board will continue to work toward acquiring a project and funding that will enable it to have the suspension of its shares from the ASX lifted.

This report is signed in accordance with a resolution of Directors.

Angela Pankhurst Director/Company Secretary

Perth

16 August 2016

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