Alkane Resources — Director's Dealing 2015

Mar 8, 2015

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 Alkane Resources Ltd

ABN 35 000 689 216

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	David Ian CHALMERS
Date of last notice	05.12.2014

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

Direct or indirect interest	a)Direct Interestb)Indirect Interestc)Indirect Interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	a)N/Ab)Leefab Pty Ltd – a company of which the Directoris a director and beneficiaryc)MultiMetalConsultantsPtyLtd<MMCSuperannuation A/C> - a superfund account ofwhich the director is a beneficiary
Date of change	3 March 2015
No. of securities held prior to change	a)ii)333,333 STI FY2015 performance rightsiii)666,667 LTI FY2015 performance rightsiv)1,800,000 LTI FY2015 share appreciationrightsb)i)2,293,713 ALKc)i)125,141 ALK
Class	i)Ordinary fully paid shares ALKii)Performance rights subject to financial year 2015short term incentive program (STI FY2015)vesting conditions and performance hurdlesiii)Performance rights subject to financial year 2015long term incentive program (LTI FY2015)vesting conditions and performance hurdlesiv)Share appreciation rights subject to long termincentiveprogram(LTIFYI2015)vestingconditions and performance hurdles
Number acquired	N/A
Number disposed	a)N/Ab)N/Ac)i)62,570

• See chapter 19 for defined terms.

Appendix 3Y Page 1

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration	Value/Consideration				c)	i)	Nil
Note: If consideration is	non-cash, provide		details and estimated
valuation
No. of securities held after		change			a)	ii)	333,333 STI FY2015 performance rights
						iii)	666,667 LTI FY2015 performance rights
						iv)	1,800,000 LTI FY2015 share appreciation
							rights
					b)	i)	2,293,713 ALK
					c)	i)	62,571 ALK
Nature of change					Off market		transfer, at no consideration, of ALK shares
Example: on-market trade, off-market trade, exercise of options,					held for the benefit of a third party relevant interest in a
issueofsecuritiesunderparticipation in buy-back		dividend	reinvestment	plan,	joint self-managed superannuation fund uponrestructuring and splitting of the fund.

Part 2 – Change of director’s interests in contracts

Detail of contract	N/A
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

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period? If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001