CAZALY RESOURCES LIMITED — Director's Dealing 2016

Nov 30, 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 30/9/2001.

Introduced 30/9/2001.
Name of entity	Cazaly Resources Limited
ABN	23 101 049 334

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	Name of Director	Clive Bruce Jones
PINt	Date of last notice		24 August 2016
	Direct or indirect interest	Indirect (2)
	Nature of indirect interest(including registered holder)Note: Provide details of the circumstancesgiving rise to the relevant interest.	Indirect (1)Shares owned by Widerange Corporation Pty Ltd, a company in which Mr Joneshas a relevant interest.
		Indirect (2)Shares owned by The Alyse Investment Trust, an entity in which Mr Jones has arelevant interest.
	Date of change	1 December 2016
	No. of securities held prior tochange	Direct6,646,256 Fully paid ordinary sharesIndirect (1)7,333,647 Fully paid ordinary shares1,666,667 $0.04 Options expiring 5 January 2018Indirect (2)500,001 Fully Paid Ordinary Shares1,500,000 $0.18 Options expiring 26 November 2016
	Class	Options
	Number acquired	1. 2,500,000 $0.20 Options expiring 30 November 2018
	Number disposed	2. 1,500,000 $0.18 Options expiring 26 November 2016
	Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	Nil

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.

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after Direct

change 6,646,256 Fully paid ordinary shares Indirect (1) 7,333,647 Fully paid ordinary shares 1,666,667 $0.04 Options expiring 5 January 2018 Indirect (2) 500,001 Fully Paid Ordinary Shares 2,500,000 $0.20 Options expiring 30 November 2018 Nature of change 1. Issue of 2,500,000 options as approved by shareholders on 24

Example: on-market trade, off-market trade, November 2016 exercise of options, issue of securities under dividend reinvestment plan, participation in 2. Expiry of 1,500,000 options 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 Nature of interest Name of registered holder (if issued securities) Date of change 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 Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

	Were the interests in the securities or contracts	No
	detailed above traded during a+closed period where
prior written clearance was required?If so, was prior written clearance provided to allowthe trade to proceed during this period?If prior written clearance was provided, on what datewas this provided?	prior written clearance was required?
	If so, was prior written clearance provided to allowthe trade to proceed during this period?
	If prior written clearance was provided, on what datewas this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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