BOSS ENERGY LTD — Director's Dealing 2016

Nov 21, 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	Boss Resources Ltd
ABN	38 118 834 336

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	Grant Davey
Date of last notice	29 January 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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	16 and 17 November 2016
No. of securities held prior to change	9,333,333 ordinary shares in Boss Resources Limited held indirectly via Davey Management (Aus) Pty Ltd ATF Davey Family Super Fund of which Grant Davey is the sole director. 20 ordinary shares in Boss Energy Pty Ltd, an 80% owned subsidiary of Boss Resources Ltd, held indirectly via Wattle Mining Pty Ltd of which Grant Davey is the sole director.
Class	Ordinary
Number acquired	1,000,000

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$44,750
No. of securities held after change	9,333,333 ordinary shares in Boss Resources Limited held indirectly via Davey Management (Aus) Pty Ltd ATF Davey Family Super Fund of which Grant Davey is the sole director. 20 ordinary shares in Boss Energy Pty Ltd, an 80% owned subsidiary of Boss Resources Ltd, held indirectly via Wattle Mining Pty Ltd of which Grant Davey is the sole director. 1,000,000 ordinary shares in Boss Resources Ltd held directly.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On market trade

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	No change
Nature of interest	No change
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	No change
Interest disposed	No change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation

Not applicable

Interest after change

Via a Shareholder’s Agreement between Boss Resources Limited, Wattle Mining Pty Ltd and Boss Energy Pty Ltd, Grant Davey has a 20% interest in Boss Energy Pty Ltd which owns 100% of Boss Uranium Pty Ltd. Boss has a call option to acquire Wattle Mining Pty Ltd’s 20% interest in the Joint Venture after it completes a positive bankable feasibility study to restart the operations. The terms of the acquisition will be mutually agreed or otherwise determined by an independent valuer taking into account the valuation of the project and market capitalisation of Boss at the relevant point in time. The consideration of the acquisition of Wattle’s 20% interest may, at the election of Boss,bepayable in cash and/or shares in Boss.

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

• See chapter 19 for defined terms.

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