ADX ENERGY LTD — Director's Dealing 2009

Nov 17, 2009

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 30/9/2001.

Name of entity AuDAX Resources Ltd ABN 50 009 058 646

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.

Name of Director	Andrew Childs
Date of last notice	16 November 2009

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		1. Direct
		2.Indirect
Nature of indirect interest	1.	8,252,326 Fully Paid Ordinary Shares
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevantinterest.	2.	594,000 Fully Paid Ordinary - Petroleum
	Ventures Pty Ltd shares held in trust for
	Andrew Childs
Date of change	17	November 2009
No. of securities held prior to change	1.	8,252,326 Fully Paid Ordinary Shares
Class	1.	1,400,000 at 30c expires 22/4/2010
	1.	1,050,000 at 35c expires 22/4/2011
	Vesting date 22/4/2010
	1.	1,050,000 at 40c expires 22/4/2012
	Vesting date 22/4/2011
Number acquired	1.	398,000 Fully Paid Ordinary
Number disposed	-

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$39,800
No. of securities held after change	1. 8,650,326 Fully Paid Ordinary2. 594,000 Fully Paid Ordinary1. 3,500,000 Options

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 Nature of interest Name of registered holder (if issued securities) Date of change 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 Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002