EQ RESOURCES LIMITED — Director's Dealing 2011

Jul 24, 2011

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 Icon Resources Ltd (ASX Code: III) ABN 77 115 009 106

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.

		e Corporations Act.
Name of Director	Leon Eu	gene Pretorius
Date of last notice	16 July 2
		010

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
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	N/A
Date of change	20 July 2011
No. of securities held prior to change	13,000,000 fully paid ordinary sharesheld directly5,000,000 unlisted options helddirectly, exercise price $0.15, expirydate 30 June 2011
Class	Fully paid ordinary shares
Number acquired	10,400,000

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed	5,000,000 unlisted options helddirectly, exercise price $0.15, expiredunexercised on30June 2011
Value/ConsiderationNote: If consideration is non‐cash, provide details andestimated valuation	$780,000 (at a share price of $0.075)
No. of securities held after change	23,400,000 fully paid ordinary sharesheld directly
Nature of changeExample: on‐market trade, off‐market trade, exercise ofoptions, issue of securities under dividend reinvestmentplan, participation in buy‐back	Participation in an 8 for 10 Non‐Renounceable Rights Issue under anOffer Document dated 15 June 2011.

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	None
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities to which interest relatedprior to changeNote: Details are only required for a contract in relation towhich the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non‐cash, provide details and anestimated valuation
Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded No during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to Not Applicable proceed during this period? If prior written clearance was provided, on what date was this Not Applicable provided?

Appendix 3Y – 22 July 2011 LEP

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011