AUSTRALIAN VANADIUM LIMITED — Director's Dealing 2016

Aug 21, 2016

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	Australian Vanadium Ltd
ABN	90 116 221 740

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	Brenton James Lewis
Date of last notice	29 April 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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	-
Date of change	19 August 2016
No. of securities held prior to change	5,778,600 fully paid ordinary shares 1,444,650 listed options (31/12/2018; $0.02) 1,250,000 unlisted options (31/12/2017; $0.014712)
Class	Ordinary shares
Number acquired	2,000,000
Number disposed	-
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	7,778,600 fully paid ordinary shares 1,444,650 listed options (31/12/2018; $0.02) 1,250,000 unlisted options (31/12/2017; $0.014712)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Conversion of performance rights

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	Each Performance Right converts to one ordinary fully paid share, subject to satisfaction of specified performance criteria as approved by shareholders on 20 November 2015. The Performance Rights expire on 2 February 2020.
Nature of interest	Unlisted Performance Rights
Name of registered holder (if issued securities)	-
Date of change	19 August 2016
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	4,000,000
Interest acquired	-
Interest disposed	2,000,000
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	Nil – Conversion to fully paid ordinary shares
Interest after change	2,000,000

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 N/A to proceed during this period? If prior written clearance was provided, on what date was this N/A provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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	Australian Vanadium Ltd
ABN	90 116 221 740

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	Leslie James Ingraham
Date of last notice	21 December 2015

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 and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		Jalein Pty Ltd (Director/Shareholder)
Date of change		19 August 2016
No. of securities held prior to change		Indirect Jalein Pty Ltd - 20,478,774 fully paid ordinary shares - 10,000,000 unlisted options (31/12/2017; $0.0015)
Class		Ordinary shares
Number acquired		5,000,000
Number disposed		-
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		Direct 5,000,000 fully paid ordinary shares Indirect Jalein Pty Ltd - 20,478,774 fully paid ordinary shares - 10,000,000 unlisted options (31/12/2017; $0.014712)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		Conversion of performance rights

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	Each Performance Right converts to one ordinary fully paid share, subject to satisfaction of specified performance criteria as approved by shareholders on 20 November 2015. The Performance Rights expire on 2 February 2020.
Nature of interest	Unlisted Performance Rights
Name of registered holder (if issued securities)	-
Date of change	19 August 2016
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	10,000,000
Interest acquired	-
Interest disposed	5,000,000
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	Nil – Conversion to fully paid ordinary shares
Interest after change	5,000,000

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?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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	Australian Vanadium Ltd
ABN	90 116 221 740

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	Vincent James Algar
Date of last notice	11 May 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		Direct and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		Vincent James Algar & Isobel Vera Legh Algar
Date of change		19 August 2016
No. of securities held prior to change		Indirect 571,129 fully paid ordinary shares 692,307 listed options (31/12/2018:$0.02)
Class		Ordinary shares
Number acquired		5,000,000
Number disposed		-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		Nil
No. of securities held after change		Direct 5,000,000 fully paid ordinary shares Indirect 571,129 fully paid ordinary shares 692,307 listed options (31/12/2018:$0.02)

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Conversion of performance rights Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

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	Each Performance Right converts to one ordinary fully paid share, subject to satisfaction of specified performance criteria. The Performance Rights expire on 2 February 2020.
Nature of interest	Unlisted Performance Rights
Name of registered holder (if issued securities)	-
Date of change	19 August 2016
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	10,000,000
Interest acquired	-
Interest disposed	5,000,000
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	Nil – Conversion to fully paid ordinary shares
Interest after change	5,000,000

Part 3 –[+] Closed period

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?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011