BCI MINERALS LIMITED — Director's Dealing 2016

Dec 19, 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 BC Iron Limited ABN 21 120 646 924

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.

We (the entity) give ASX the followingthe director for the purposes of section	information under listing rule 3.19A.2 and as agent for205G of the Corporations Act.
Name of Director	Andrew Haslam
Date of last notice	24 November 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	N/A
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	19 December 2016
No. of securities held prior to change	60,000 fully paid ordinary shares
Class	Performance Rights expiring 19 December 2021
Number acquired	200,000
Number disposed	Nil
Value/Consideration	Nil
Note: If consideration is non‐cash, provide details and estimated
valuation

• 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	1) 60,000 fully paid ordinary shares (BCI)
	2) 200,000 Performance Rights expiring 19
	December 2021
Nature of change	Issue of performance rights following shareholder
Example: on‐market trade, off‐market trade, exercise of options,issue of securities under dividend reinvestment plan, participation	approval on 25 November 2016
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.

Part 2 – Change of director’s interests in contractsNote: 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 contractN/ANature of interestN/A
	Detail of contract		N/A
	Nature of interest		N/A
	Name of registered holder(if issued securities)		N/A
	Date of change		N/A
	No. and class of securities to whichinterest related prior to change		N/A
	Note: Details are only required forelation to which the interest has ch	r a contract inanged
	Interest acquired		N/A
	Interest disposed		N/A
	Value/Consideration		N/A
	Note: If consideration is non‐cash, provide detailsand an estimated valuation
	Interest after change		N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior written**clearance was required? **	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011