CAZALY RESOURCES LIMITED — Director's Dealing 2018

Jan 9, 2018

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	Clive Bruce Jones
Date of last notice	20 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.

ispart.
Direct or indirect interest	Indirect (2)
Nature of indirect interest	Indirect (1)
(including registered holder)	Shares owned by Widerange Corporation Pty Ltd, a company in which Mr Jones
Note: Provide details of the circumstancesgiving rise to the relevant interest.	has a relevant interest.
	Indirect (2)
	Shares owned by The Alyse Investment Trust, an entity in which Mr Jones has a
	relevant interest.
Date of change	8 January 2018
No. of securities held prior to	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)
	600,001 Fully Paid Ordinary Shares
	2,500,000 $0.20 Options expiring 30 November 2018
Class	Fully paid ordinary shares
Number acquired	750,000
Number disposed	Nil
Value/Consideration	$30,000
Note: If consideration is non-cash, provide
details and estimated valuation

• 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 Direct

change 6,646,256 Fully paid ordinary shares Indirect (1) 7,333,647 Fully paid ordinary shares Indirect (2) 1,350,001 Fully Paid Ordinary Shares 2,500,000 $0.20 Options expiring 30 November 2018 Nature of change Conversion of options 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 an estimated valuation Interest after change

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contractsdetailed above traded during a+closed period whereprior written clearance was required?	No
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

11/3/2002