CARBINE RESOURCES LIMITED — Director's Dealing 2012

Jan 17, 2012

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	CARBINE RESOURCES LIMITED
ABN	81 122 976 818

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	GRANT MOONEY
Date of appointment	17 January 2012

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

Name of holder & nature of interestNote: Provide details of the circumstances givingrise to the relevant interest.Shares held by Mooney & PartnersPty Ltd. Mr Mooney is the soledirector of Mooney & Partners PtyLtd.Unlisted options held by OceanFlyers Pty Ltd <The S&G MooneySuper Fund A/c>. Mr Mooney is abeneficiary of that account.	Number & class of Securities135,000 Ordinary fully paid shares750,000 Unlisted Options exercisable at $0.40each on or before 13 September 2013.

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	‐
Nature of interest	‐
Name of registered holder(if issued securities)	‐
No. and class of securities to whichinterest relates	‐

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002