ACROW LIMITED — Director's Dealing 2016

Apr 12, 2016

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

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 30/09/01 Amended 01/01/11

Name of entity Noble Mineral Resources Limited ABN 36 124 893 465

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

We (the entity) give ASX the following the director for the purposes of section	information under listing rule 3.19A.2 and as agent for 205G of the Corporations Act.
Name of Director	Michael Everett
Date of last notice	24 December 2015

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Reunion Investments Pty Ltd Reunion Investments Pty Ltd Superannuation Fund> Mr Michael Everett
Date of change	12 April 2016
No. of securities held prior to change	Nil
Class	Fully paid ordinary shares Unlisted options

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number acquired	24,661,000 fully paid ordinary shares 15,600,000 unlisted options, exercisable at $0.01 per option, expiring 30 June 2018 3,833,333 unlisted and unvested options, vesting once the 20 day VWAP of the Company’s shares is $0.02 or above, each exercisable at $0.01 per option, expiring on 12 April 2019 3,833,333 unlisted and unvested options, vesting once the 20 day VWAP of the Company’s shares is $0.03 or above, each exercisable at $0.01 per option, expiring on 12 April 2021
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$100,000
No. of securities held after change	24,661,000 fully paid ordinary shares 15,600,000 unlisted options, exercisable at $0.01 per option, expiring 30 June 2018 3,833,333 unlisted and unvested options, vesting once the 20 day VWAP of the Company’s shares is $0.02 or above, each exercisable at $0.01 per option, expiring on 12 April 2019 3,833,333 unlisted and unvested options, vesting once the 20 day VWAP of the Company’s shares is $0.03 or above, each exercisable at $0.01 per option, expiring on 12 April 2021
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Subscription for securities under prospectus dated 23/02/2016

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	N/A
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3