BLACK ROCK MINING LIMITED — Director's Dealing 2016

May 12, 2016

Appendix 3Y Change of Director’s Interest Notice

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 30/9/2001.

Name of entity	BLACK ROCK MINING LIMITED
ACN	094 551 336

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 Steven Tambanis Date of last notice 3 March 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	Indirect
Nature of indirect interest	-	Wife of Steven Tambanis
Registered holder Note: Provide details of the circumstances giving rise to the relevant interest.	Steven Tambanis	Margo de Rhoter
Date of change	9 May 2016	NA
No. of securities held prior to change	3,201,315 Shares 1,0000,000 Options, $0.05, 25-3-2017 200,000 Options, $0.075, 30-11-2018 3,350,000 Rights 31-12-2017 1,950,000 Rights 31-12-2018	400,000 Shares 200,000 Options
Class	ORD SHARES Performance Rights, 31-12-17 Performance Rights, 31-12-18	-
Number acquired	3,533,334Shares	NA
Value/consideration Note: If consideration is non-cash, provide details and estimated valuation	Ordinary Shares issued as part of achievement of JORC Milestones for Performance Rights	NA

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed/transferred	2,233,334 Performance Rights, 31- 12-17 1,300,000 Performance Rights, 31- 12-18	-
No. of securities held after change	6,734,649 Shares 1,0000,000 Options, $0.05, 25-3-2017 200,000 Options, $0.075, 30-11-2018 1,116,668 Rights 31-12-2017 650,000 Rights 31-12-2018	400,000 Shares 200,000 Options
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Off Market as a result of milestones being achieved on Performance Rights	NA

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	Not applicable
Nature of interest	Not applicable
Name of registered holder (if issued securities)	Not applicable
Date of change	Not applicable
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	Not applicable
Interest acquired	Not applicable
Interest disposed	Not applicable
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	Not applicable
Interest after change	Not applicable

Part 3 – ~~[+]~~ Closed period

Were the interests in the securities or contracts detailed above No traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to Not applicable proceed during this period?

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

If prior written clearance was provided, on what date was this Not applicable provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 3

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