ANAX METALS LIMITED — Director's Dealing 2019

Jan 24, 2019

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25 January 2019

Company Announcements Office Australian Securities Exchange PO Box H224 Australia Square SYDNEY NSW 2000

Dear Sir/Madam

Appendix 3Y – Late Lodgement

In relation to today’s late lodgement of an Appendix 3Y “Change of Director’s Interest Notice” for Mr Geoffrey Laing, we advise as follows:

1. The change that occurred on 10 December 2018 related to the issue by the Company of new unlisted director options following shareholder approval at the Annual General meeting held on 29 November 2018 (date amended in Appendix 3Y). The Director concerned relied on the Company to initiate the notifications of these changes in terms of the obligations under listing rule 3.19A given that the Company was in possession of the information and was the initiator of each issue of options.

Regrettably the lodgement of Appendices 3Y associated with the options issue was erroneously omitted from the Company’s processes relating to the overall issue and was consequently overlooked.

1. While the Company considers its current arrangements are adequate for ensuring timely notification, and that the failure to do so on this occasion was due to an oversight, it has nevertheless reviewed its procedures to ensure that it meets its disclosure obligations within the required timeframe.

Yours faithfully

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Bruce Waddell Company Secretary Aurora Minerals Limited

Aurora Minerals Limited PO Box 644, West Perth, WA 6872, Australia, Tel +61 8 6143 1840

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 AURORA MINERALS LIMITED ABN 46 106 304 787

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	Geoffrey Michael Huyshe Laing
Date of last notice	12 November 2018

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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	10 December 2018
No. of securities held prior to change	760,313 Fully Paid Ordinary Shares
Class	Unquoted Options
Number acquired	3,000,000 Class A Options Exercisable at $0.0411 expiring 10 December 2020 3,000,000 Class B Options Exercisable at $0.0587 expiring 10 December 2021 3,000,000 Class C Options Exercisable at $0.0881expiring 10 December 2022
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	760,313 Ordinary Shares 3,000,000 Class A Options Exercisable at $0.0411 expiring 10 December 2020 3,000,000 Class B Options Exercisable at $0.0587 expiring 10 December 2021 3,000,000 Class C Options Exercisable at $0.0881 expiring 10 December 2022
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issued as an incentive component of the Director’s remuneration pursuant to the approval granted by shareholders at the Annual General Meeting of the Company held on 29 November 2018.

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
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 above traded during a+closed period where prior written clearance was required?	No
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

01/01/2011