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	GregoryENGLISH
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	Direct and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	1. Mr English is a director of andhas a beneficial interest in theregistered holder LEC NomineesPty Ltd ATF LEC SuperannuationFund (LEC).2. Mr English is a director of andhas a beneficial interest in theregisteredholderGDEExploration (SA) Pty Ltd (GDEExp).
Date of change	13 April 2016
No. of securities held prior to change	40,000 Shares held by Mr English2,225,000 Shares held by LEC4,000,000 Shares held byGDE Exp
Class	Shares - Fully paid ordinary shares.QuotedOptions–quotedoptionsexercisable at 5 cents by 31 August 2017.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number acquired	1,000,000 Quoted Options
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil
No. of securities held after change	40,000 Shares held by Mr English2,225,000 Shares held by LEC4,000,000 Shares held by GDE Exp1,000,000 Quoted Options by GDE Exp
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	QuotedOptionsacquiredfollowingshareholder approval at the generalmeeting 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 whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation
Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	Not applicable
If so, was prior written clearance provided to allow thetrade toproceed during thisperiod?
If prior written clearance was provided, on what date wasthisprovided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3