ARDIDEN LTD — Director's Dealing 2017

Jul 17, 2017

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 Ardiden Limited ABN 82 110 884 252

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	Neil Hackett
Date of last notice	1 July 2016

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 Interest
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Corporate Starboard Pty Ltd, a Company Mr Hackett has a relevant interest in.
Date of change	14 July 2017
No. of securities held prior to change	Indirect: Corporate Starboard Pty Ltd 1. 12,259,845 Ordinary Shares 2. 2,500,000 Tranche 1 Unlisted 4 cent Conditional Performance Options expiring 1 July 2019, subject to 20 day VWAP of 8c and the exercising of either the Root Lake or Seymour Lake Lithium options 3. 2,500,000 Tranche 2 Unlisted 4 cent Conditional Performance Options expiring 1 July 2019, subject to 20 day VWAP of 10c and reaching a total JORC compliant resource across allprojects of5Mt.
Class	Ordinary Shares

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	2,000,000 Ordinary Shares
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$30,000
No. of securities held after change	Indirect: Corporate Starboard Pty Ltd 1. 14,259,845 Ordinary Shares 2. 2,500,000 Tranche 1 Unlisted 4 cent Conditional Performance Options expiring 1 July 2019, subject to 20 day VWAP of 8c and the exercising of either the Root Lake or Seymour Lake Lithium options 3. 2,500,000 Tranche 2 Unlisted 4 cent Conditional Performance Options expiring 1 July 2019, subject to 20 day VWAP of 10c and reaching a total JORC compliant resource across all projects of 5Mt.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestmentplan, participation in buy-back	Allocations taken up in the recent SPP

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.

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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
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• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Interest after change

Part 3 –[+] Closed Period

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

Date of Notice: 18 July 2017

• See chapter 19 for defined terms.

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