AUSTRALIAN VANADIUM LIMITED — Director's Dealing 2014

Nov 26, 2014

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final 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 Yellow Rock Resources Ltd ABN 90 116 221 740

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Sydney James Chesson
Date of last notice	15 September 2014
Date that director ceased to be director	26 November 2014

Part 1 – Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

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+ See chapter 19 for defined terms.

Appendix 3Z Page 1

11/3/2002

Appendix 3Z Final Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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.

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

Name of holder & nature ofinterestNote: Provide details of the circumstances givingrise to the relevant interestJade Glen Pty Ltd ATF DutcoSuper Fund	Number & class of securities190,000 unquoted options exercisable at$0.015 each on or before 31 December2017

Part 3 – Director’s interests in contracts

Detail of contract	n/a
Nature of interest	n/a
Name of registered holder(if issued securities)	n/a
No. and class of securities towhich interest relates	n/a

+ See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002