AVIRA RESOURCES LTD — Board/Management Information 2016

Dec 5, 2016

==> picture [134 x 55] intentionally omitted <==

NON-EXECUTIVE DIRECTOR APPOINTMENT

ASX Announcement 6 December 2016

ASX CODE

Mr Rui Zhang

MGT Resources Ltd is very pleased to announce that Mr Rui Zhang has agreed to be appointed as a Non-Executive Director of the company. Mr. Zhang possesses 12 years of global experience in natural resources exploration, development, mergers and acquisitions.

Mr. Zhang graduated from Peking University with a Dual Bachelor degree in Geological Sciences and Economics. He has also completed a Master of Science in Economic Geology & Exploration Geochemistry from Queen’s University in Canada.

ASX Release MGS 6 December 2016

REGISTRY

Computershare ASX CODE MGS

SHARES ON ISSUE

483,066,131 REGISTRY

Mr Zhang has over ten years of experience working on Uranium related projects including being the Departmental Director of Project Generation and Asset Management of Uranium Resources Development Ltd of China General Nuclear Power Corporation (CGNPC), a Chinese state owned enterprise. During this period, Mr Zhang spent two years as Technical Director of its Australian subsidiary, Energy Metals Limited (ASX:EME).

Since 2014, he has worked as Executive President of Zhaojin Resources Investment Co. Ltd, based in Beijing, establishing several dedicated natural resources private equity funds with Chinese domestic and international partners with fund sizes ranging between US$20 million to 6 billion RMB.

Computershare

Tin Price: US$17,902/t

Gold Price: US$1,329oz

U3O8 Spot Price: US$xx

As a member of the American Institute of Professional Geologists and the Australian Institute of Geoscientists, Mr Zhang is a Qualified Person for signing off NI 43-101 and JORC compliant technical reports for certain types of deposits including Uranium.

Attached is an Appendix 3X for Mr Rui Zhang.

MGT Resources Limited MGT Suite 1305, Level 13, 109 Pitt Street Resources Limited Suite 1305, Level 13, Sydney NSW 2000 109 Pitt Street Australia Sydney NSW 2000 T: 61 2 9262 1122 Australia F: 61 2 9299 5175 T: 61 2 9262 1122 F: 61 2 9299 5175 www.mgt.net.au info@mgt.net.au t t

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 : MGT Resources Limited

ABN : 38 131 715 645

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Mr Rui Zhang
Date of appointment	6thDecember 2016

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

N/A

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

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

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 of interest	Number & class of Securities
Note: Provide details of the circumstances giving rise
to the relevant interest.
N/A	N/A

Part 3 – 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	N/A
Name of registered holder	N/A
(if issued securities)
No. and class of securities to which	N/A
interest relates

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002