CAZALY RESOURCES LIMITED — Director's Dealing 2017

Jun 5, 2017

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	Terry James Gardiner
Date of last notice	23 May 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 givingrise to the relevant interest.	Indirect (1)Shares owned by Terry James Gardiner & Mrs Victoria HelenGardiner (Terry James Gardiner S/Fund). Mr Gardiner is abeneficiary.Indirect (2)Shares owned by Terry James Gardiner (Flynn Manning Gardiner).Mr Gardiner holds on behalf of his dependent.
Date of change	31 May – 6 June 2017
No. of securities held prior tochange	DirectNilIndirect (1)1,000,000 Fully paid ordinary shares150,000 unlisted options exercisable at $0.04 on or before 5/1/1859,923 listed options exercisable at $0.11 on or before 21/8/18Indirect (2)25,000 Fully paid ordinary shares
Class	Fully paid ordinary shares
Number acquired	150,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide detailsand estimated valuation	$7,154

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after 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

Nature of change

Example: on-market trade, off-market trade, On market trades exercise of options, issue of securities under dividend reinvestment plan, participation in buyback

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?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002