CHALICE MINING LIMITED — Director's Dealing 2017

Nov 28, 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 30/09/01 Amended 01/01/11

Name of entity CHALICE GOLD MINES LIMITED

ABN 47 116 648 956

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	Tim R B Goyder
Date of last notice	21 March 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	Direct and indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Plato Prospecting Pty Ltd (ACN 008 964 896) as trustee for TRB Goyder Superannuation Fund. Tim Goyder is the sole Director and Shareholder of Plato Prospecting Pty Ltd and a member of the TRB Goyder Superannuation Fund. Lotaka Pty Ltd (ACN 008 939 192). Tim Goyder is the sole Director and Shareholder of Lotaka Pty Ltd. Linda Sullivan is the wife of Tim Goyder.
Date of change	29 November 2017

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	 Lotaka: 685,811 fully paid ordinary shares  Tim Goyder: 41,954,279 fully paid ordinary shares  Plato Prospecting A/C>: 1,787,675 fully paid ordinary shares  Linda Sullivan: 400,000 fully paid ordinary shares Total: 44,827,765 ordinary shares 1,664,707 performance rights exp. 30 June 2019 1,200,738performance rights exp. 30 June 2020
Class	 Performance rights  Ordinary shares
Number acquired	 1,217,989 performance rights  667,778 ordinary shares by Plato Prospecting
Number disposed	 667,778 ordinary shares by Tim Goyder
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	 Nil for performance rights.  $122,200.04 for ordinary shares (off-market transaction)
No. of securities held after change	 Lotaka: 685,811 fully paid ordinary shares  Tim Goyder: 41,286,501 fully paid ordinary shares  Plato Prospecting A/C>: 2,455,453 fully paid ordinary shares  Linda Sullivan: 400,000 fully paid ordinary shares Total: 44,827,765 ordinary shares 1,664,707 performance rights exp. 30 June 2019 1,200,738 performance rights exp. 30 June 2020 1,217,989 performance rights exp. 30 June 2021

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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Appendix 3Y Change of Director’s Interest Notice

	Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		Performance Rights The issue of performance rights, the subject of Resolution 3, as approved by Shareholders at the Company’s Annual General Meeting held on 28 November 2017. The performance rights are issued under the terms and conditions of the Company’s Employee Long Term Incentive Plan and in accordance with key business objectives and TSR objectives as announced on 27 July 2017. Ordinary shares Off-market transaction between Tim Goyder (transferor) and Plato Prospecting Super FundA/C> (transferee) of 667,778 on 29 November 2017.

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	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011