CAZALY RESOURCES LIMITED — Director's Dealing 2016

Feb 4, 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	Nathan Bruce McMahon
Date of last notice	21 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.

	Rule 3.19A.2	Rule 3.19A.2	Rule 3.19A.2
	Appendix 3Y’
ChaInformation or documents not available nto ASX become ASX’s property and mayIntroduced 30/9/2001.	nge of Directors Interest Noticeow must be given to ASX as soon as available. Information and documents givenbe made public.
Name of entityCazaly Reso	urces Limited
ABN23 101 049 3	34
We (the entity) give ASX the followthepurposes of section 205G of the C	ing information under listing rule 3.19A.2 and as agent for the director fororporations Act.
Name of Director		Nathan Bruce McMahon
Date of last notice		21 January 2016
Part 1 - Change of director’s relevant iIn the case of a trust, this includes interests in	nterests in securitiesthe trust made available by the responsible entity of the trust
Note: In the case of a company,interests which come	withinparagraph(i)of the definition of “notifiable interest of a director” should be disclosed in thispart.
Direct or indirect interest	Direct and Indirect
Nature of indirect interest	Indirect (1):
(including registered holder)Note: Provide details of the circumstances givingrise to the relevant interest.	Shares owned by Kingsreef Pty Ltd (Mr McMahon has a relevantinterest).
	Indirect (2):
	Shares owned by		Kingsreef Pty Ltd <NB & DL Family A/C> (Mr
	McMahon is a ben		eficiary).
	Indirect (3)Shares owned b		ollinax Inc as trustee for Mr McMahon
	y		p
Date of change	1 February 2016
No. of securities held prior tochane	Direct:4823756 Fll P		id Odi Sh
g	,, uy		a rnary ares
	Indirect (1):
	1,563,966 Ordinar1 convertible note		y Fully Paid Shareswith a face value of $100,000, a maturity date of
	31 December 2016		, zero % interest rate and convertible at $0.03 plus
	a free attaching option on the basis of one option for every twoshares issued on conversion (with an exercise price of $0.04 and an
	t
	expry ae o aIndirect (2):12,720,432 Ordina		nuary ).ry Fully Paid Shares
	1,500,000 $0.18 O		ptions expiring 26 November 2016
	Indirect (3):1,000,000 FullyPa		id OrdinaryShares
Class	Full Paid Ordina		Shares
	y y
Number acquired	85,525

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Number disposed	Nil
Value/Consideration	$2,138
Note: If consideration is non-cash, provide
details and estimated valuation
No. of securities held after change	Direct:
	4,823,756 Fully Paid Ordinary Shares
	Indirect (1):
	1,563,966 Ordinary Fully Paid Shares
	1 convertible note with a face value of $100,000, a maturity date of
	31 December 2016, zero % interest rate and convertible at $0.03 plus
	a free attaching option on the basis of one option for every two
	shares issued on conversion (with an exercise price of $0.04 and an
	expiry date of 5 January 2018).
	Indirect (2):
	12,805,957 Ordinary Fully Paid Shares
	1,500,000 $0.18 Options expiring 26 November 2016
	Indirect (3):
	1,000,000 FullyPaid OrdinaryShares
Nature of change	On market trade
Example: on-market trade, off-market trade,
exercise of options, issue of securities under
dividend reinvestment plan, 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 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 a valuation Interest after change

Part 3 –[+] Closed period

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 allow
the trade to proceed during this period?
If prior written clearance was provided, on what date
was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002