CONICO LTD — Director's Dealing 2011

Jul 18, 2011

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.

Name of entity	FISSION ENERGY LTD
ABN	49 119 057 457

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	JAMES BRADLEY RICHARDSON
Date of last notice	1 July 2010

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	Indirect	Indirect
Nature of indirect interest(including registered holder)	Tadea Pty Ltd<Richardson Family Super A/C>Tadea Pty LtdSabre Power Systems Pty Ltd
Note: Provide details of the circumstances giving rise to the relevant	Tadea Pty	Ltd
interest.	Sabre Pow	er Systems Pty Ltd
Date of change	28 June 20	11
No. of securities held prior to change	RBCDe	xiaInvestorServicesA
	NomineesTrust)	Pty Limited (Custodian for
	12,143,575	Ordinary Shares
	Tadea Pty	Ltd<Richardson Family Super A/C
Class	Ordinary Shares

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Number acquired	Number acquired	Number acquired	Number acquired	RBCDexiaInvestorServicesAustraliaNominees Pty Limited (Custodian for FamilyTrust)1,224,313 Ordinary SharesTadea Pty Ltd4,430,888 Ordinary SharesTadea Pty Ltd<Richardson Family Super A/C>8,937,000 Ordinary Shares
Number disposed				RBCDexiaInvestorServicesAustraliaNominees Pty Limited (Custodian for FamilyTrust)13,367,888 Ordinary SharesRM Capital Pty Ltd2,448,625 Ordinary Shares
				13,367,888 Ordinary SharesRM Caital Pt Ltd
				p y2,448,625 Ordinary Shares
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	, provide details an	d estimated valu	ation	RBCDexiaInvestorServicesAustraNominees Pt Limited (Custodian for Fa
				yTrust)1,224,313 Ordinary Shares @ $0.04 = A$48,97
				RBCDexiaInvestorServicesAustraNominees Pty Limited (Custodian for FamTrust)13,367,888OrdinaryShares@$0.04A$534,715Tadea Pty Ltd4430888 Ordinary Shares @ $004 = A$1772
				,, . ,Tadea Pty Ltd<Richardson Family Super A/C>8,937,000 Ordinary Shares @ $0.04 = A$357,4
No. of securities held after change				Tadea Pty Ltd <Richardson Family SuperA/C>10,287,000 Ordinary SharesTadea Pty Ltd5,621,888 Ordinary SharesSabre Power Systems Pty Ltd250,000 Ordinary Shares

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Nature of change	RBCDexiaInvestorServicesAustralia
Example: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Nominees Pty Limited (Custodian for FamilyTrust)
	Ordinary Shares - Off market transfer – no change
	in beneficial owner
	RBCDexiaInvestorServicesAustralia
	Nominees Pty Limited (Custodian for Family
	Trust)
	Ordinary Shares - Off market transfer – no change
	in beneficial owner
	Tadea Pty Ltd
	Ordinary Shares - Off market transfer – no change
	in beneficial owner
	Tadea Pty Ltd<Richardson Family Super A/C>
	Ordinary Shares - Off market transfer – no change
	in beneficial owner
	RM Capital Pty Ltd
	Ordinary Shares - Off market transfer – no change
	in beneficial owners

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

Appendix 3Y

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Part 3 –[+] Closed period

Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	NO
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

Appendix 3Y

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