BEACON MINERALS LIMITED — Director's Dealing 2012

Nov 28, 2012

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 Beacon Minerals Limited

ABN 64 119 611 559

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	Marcus Michael
Date of last notice	2 November 2012

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.	Mr Marcus Michael & Mrs Kathryn Michael as trustee for the Riverfront Superannuation Fund – Trustee and Member Riverfront Nominees Pty Ltd as trustee for the MCM FamilyA/C – Director and Shareholder
Date of change	27 November 2012
No. of securities held prior to change 32,095,000 Fully Paid Ordinary Shares 27,295,000 Listed Options 12,800,000 Ordinary Fully Paid Shares 10,800,000 Listed Options 9,333,333 Ordinary Fully Paid Shares 2,666,666 Listed Options	Riverfront Nominees Pty Ltd A/C> Riverfront Nominees Pty Ltd A/C> Mr Marcus Michael & Mrs Kathryn Michael Mr Marcus Michael & Mrs Kathryn Michael Marcus Michael Marcus Michael

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

	Class		Fully Paid Ordinary Shares
			Listed Options
	Number acquired
	9,333,333 Fully Paid Ordinary Shares		Riverfront Nominees Pty Ltd <MCM Family
			A/C>
	2,666,666 Listed Options		Riverfront Nominees Pty Ltd <MCM Family
			A/C>
	Number disposed
	9,333,333 Fully Paid Ordinary Shares		Marcus Michael
	2,666,666 Listed Options		Marcus Michael
	Value/Consideration
	Note: If consideration is non-cash, provide details and
	estimated valuation
	Paid		($60,667)
	Received		$60,667
	No. of securities held after change
	41,428,333 Fully Paid Ordinary Shares		Riverfront Nominees Pty Ltd <MCM Family
			A/C>
	29,961,666 Listed Options		Riverfront Nominees Pty Ltd <MCM Family
			A/C>
	12,800,000 Ordinary Fully Paid Shares		Mr Marcus Michael & Mrs Kathryn Michael
	10,800,000 Listed Options		Mr Marcus Michael & Mrs Kathryn Michael
	Nature of change		Off Market Transfer
	Example: on-market trade, off-market trade, exercise
	of options, issue of securities under dividend
	reinvestmentplan, 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	N/A
	Nature of interest	N/A
	Name of registered holder	N/A
	(if issued securities)
	Date of change	N/A
	No. and class of securities to	N/A
	which interest related prior to
	change
	Note: Details are only required for a contract in relation
	to which the interest has changed
	Interest acquired	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
**Interest after change **	N/A

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.

01/01/2011

Appendix 3Y Page 3