CORE LITHIUM LTD — Director's Dealing 2013

Nov 21, 2013

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	Core Exploration Limited
ABN	80 146 287 809

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	Michael PeterSCHWARZ
Date of last notice	15 July 2013

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	1. Mr Schwarz is a director of and has a beneficial interest in the registered holder SA Digger Pty Ltd ATF The Digger Trust (SA Digger). 2. Mr Schwarz has a beneficial interest in the registered holder Michael Schwarz ATF Michael Schwarz Family Trust (MSFT).
Date of change	19 November 2013

• 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	416,667 Shares held by SA Digger 166,667 Shares held by MSFT 166,667 Listed Options held by SA Digger 166,667 Listed Options held by MSFT 1,000,000 Unlisted Options A held by MSFT 2,000,000 Unlisted Options B held by MSFT
Class	Shares - Fully paid ordinary shares. Listed Options - exercisable at $0.10 expiring 31 October 2014. Unlisted Options A - exercisable at $0.25 expiring 30 June 2014. Unlisted Options B - exercisable at $0.20 expiring 13 November 2014 subject to meeting KPI criteria. Performance Rights – subject to satisfaction of performance conditions by 31/12/14 and 31/12/15.
Number acquired	3,500,000 Performance Rights
Number disposed	2,000,000 Unlisted Options B
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Acquired – Nil Disposed – Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	416,667 Shares held by SA Digger 166,667 Shares held by MSFT 166,667 Listed Options held by SA Digger 166,667 Listed Options held by MSFT 1,000,000 Unlisted Options A held by MSFT 3,500,000 Performance Rights held by MSFT
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of Performance Rights as approved by shareholders at the 2013 AGM held on 14 November 2013; and Cancellation of performance based unlisted options, both vested and unvested, following issue of performance rights.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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	Not applicable
Nature of interest	Not applicable
Name of registered holder (if issued securities)	Not applicable
Date of change	Not applicable
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	Not applicable
Interest acquired	Not applicable
Interest disposed	Not applicable
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	Not applicable
Interest after change	Not applicable

Part 3 –[+] Closed period

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?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	Not applicable
If prior written clearance was provided, on what date was this provided?	Not applicable

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011