CORE LITHIUM LTD — Director's Dealing 2016

Apr 12, 2016

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	Heath HELLEWELL
Date of last notice	29 January 2016

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	Mr Hellewell is a director of and has a
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	beneficial interest in the registeredholder Nedlands Nominees Pty Ltd
Date of change	13 April 2016
No. of securities held prior to change	1,000,000 Director Options
Class	Director Options – exercisable at 10 cents
	by 31 January 2017 and subject to
	satisfaction of performance condition by
	15/12/16.
	QuotedOptions–quotedoptions
	exercisable at 5 cents by 31 August 2017.
Number acquired	1,000,000 Quoted Options
Number disposed	Nil
Value/Consideration	Nil
Note: If consideration is non-cash, provide details and estimated
valuation

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change 1,000,000 Director Options 1,000,000 Quoted Options Nature of change Quoted Options acquired following

Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in shareholder approval at the general

buy-back meeting held on 8 April 2016.

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 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

Were the interests in the securities or contracts detailed Not applicable 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

01/01/2011