CAZALY RESOURCES LIMITED — Director's Dealing 2017

Jun 19, 2017

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.

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	Terry James Gardiner
Date of last notice	6 June 2017

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	Indirect (1)
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Indirect (1) Shares owned by Terry James Gardiner & Mrs Victoria Helen Gardiner (Terry James Gardiner S/Fund). Mr Gardiner is a beneficiary. Indirect (2) Shares owned by Terry James Gardiner (Flynn Manning Gardiner). Mr Gardiner holds on behalf of his dependent.
Date of change	14 June 2017 and 16 June 2017
No. of securities held prior to change	Direct Nil Indirect (1) 1,150,000 Fully paid ordinary shares 150,000 unlisted options exercisable at \$0.04 on or before 5/1/18 59,923 listed options exercisable at \$0.11 on or before 21/8/18 Indirect (2) 25,000 Fully paid ordinary shares
Class	Fully paid ordinary shares
Number acquired	50,000
Number disposed	N il
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$1,953

⁺ See chapter 19 for defined terms.

Appendix 3Y Change of Director's Interest Notice

No. of securities held after change	Direct Nil. Indirect (1) 1,200,000 Fully paid ordinary shares 150,000 unlisted options exercisable at \$0.04 on or before 5/1/18 59,923 listed options exercisable at \$0.11 on or before 21/8/18 Indirect (2) 25,000 Fully paid ordinary shares
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 trades

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

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?

Appendix 3Y Page 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.
	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	June 2017 د

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

Direct or indirect interest	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. Indirect (2)
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Indirect $(1)$ Shares owned by Kingsreef Pty Ltd (Mr McMahon has a relevant interest).
	Indirect (2) Shares owned by Kingsreef Pty Ltd (Mr McMahon is a beneficiary).
	Indirect (3) Shares owned by Apollinax Inc as trustee for Mr McMahon
Date of change	14 June 2017
No. of securities held prior to change	Direct 4,823,756 Fully paid ordinary shares
	Indirect (1) 4,897,299 Fully paid ordinary shares 1,666,667 \$0.04 Options expiring 5 January 2018
	Indirect (2) 16,315,044 Fully paid ordinary shares 2,500,000 \$0.20 Options expiring 30 November 2018
	Indirect (3) 1,000,000 Fully Paid Ordinary Shares
Class	Fully paid ordinary shares
Number acquired	200,000
Number disposed	Nil

⁺ See chapter 19 for defined terms.

Appendix 3Y Change of Director's Interest Notice

ź

÷, $\tilde{\theta}$

Value/Consideration	\$8,000
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)
	4,897,299 Fully paid ordinary shares
	1,666,667 \$0.04 Options expiring 5 January 2018
	Indirect (2)
	16,515,044 Fully paid ordinary shares
	2,500,000 \$0.20 Options expiring 30 November 2018
	Indirect (3)
	1,000,000 Fully Paid Ordinary Shares
Nature of change
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-	On market trades
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

Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?	N 0
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.