BANNERMAN ENERGY LTD — Director's Dealing 2016

Mar 8, 2016

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 Bannerman Resources Limited ABN 34 113 017 128

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	Brandon Munro
Date of appointment	9 March 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

Nil

• 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

	’	’	’	’
	irectors relevant interests in securities of which the director is not the registeredof a trust, this includes interests in the trust made available by the responsible entity of the trustf holder & nature of interestde details of the circumstances giving riseant interest.Number & class of Securities
Name of holder & nature of interestNote: Provide details of the circumstances giving riseto the relevant interest.Nil	f holder & nature of interestde details of the circumstances giving riseant interest.	Number & class of Securities

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	Detail of contract	Detail of contract	Pursuant to an Employments Agreement, MrMunro will receive payments of $220,000 perannum (inclusive of superannuation). Inaddition to fixed remuneration, Bannermanwill grant to Mr Munro, 20 million optionssubject to shareholder approval.	Pursuant to an Employments Agreement, MrMunro will receive payments of $220,000 perannum (inclusive of superannuation). Inaddition to fixed remuneration, Bannermanwill grant to Mr Munro, 20 million optionssubject to shareholder approval.	Pursuant to an Employments Agreement, MrMunro will receive payments of $220,000 perannum (inclusive of superannuation). Inaddition to fixed remuneration, Bannermanwill grant to Mr Munro, 20 million optionssubject to shareholder approval.	Pursuant to an Employments Agreement, MrMunro will receive payments of $220,000 perannum (inclusive of superannuation). Inaddition to fixed remuneration, Bannermanwill grant to Mr Munro, 20 million optionssubject to shareholder approval.	Pursuant to an Employments Agreement, MrMunro will receive payments of $220,000 perannum (inclusive of superannuation). Inaddition to fixed remuneration, Bannermanwill grant to Mr Munro, 20 million optionssubject to shareholder approval.
Nature of interest
Name o(if issue
	registered holderd securities)
No. andinterest	class of securities	to which
	relates

Date of this Notice: 9 March 2016

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002