FENIX RESOURCES LTD — Director's Dealing 2010

Oct 13, 2010

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14 October 2010

Company Announcements Office Australian Securities Exchange Level 4 20 Bridge St Sydney NSW 2000

Appendix 3Y – Change of Directors Interest Notices

Please find attached Appendix 3Y Change of Directors Interest Notices for Mr George McMaster and Mr Robert Boylan.

Emergent Resources Limited

Kevin Hart Company Secretary

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 30/9/2001.

Name of entity Emergent Resources Ltd ABN 68 125 323 622

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	George James McMaster
Date of last notice	31 August 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	Direct and Indirect
	Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Indirect interest held Mr G J McMaster and Mrs T M McMaster ATF Dalpura Superannuation Fund
	Date of change	11 October 2010
	No. of securities held prior to change Direct Indirect	2,051,250 Ordinary fully paid shares 2,500,000 Ordinary fully paid shares 1,483,620 Listed options - 20 cents expiring 30/9/2010 500,000 Unlisted options - 20 cents expiring 31/8/2012
	Class	Ordinary fully paid shares
	Number acquired	1,483,620 ordinary fully paid shares
	Number disposed	250,000 ordinaryfully paid shares

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

	Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Shares acquired - $0.20 each on exercise of listed options; Shares disposed - $0.20 each.
	No. of securities held after change Direct Indirect	2,051,250 Ordinary fully paid shares 3,733,620 Ordinary fully paid shares 500,000 Unlisted options - 20 cents expiring 31/8/2012
	Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Exercise of listed options at $0.20 each on or before 30 September 2010. Shares sold via off-market trade.

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	N/a
Nature of interest	N/a
Name of registered holder (if issued securities)	N/a
Date of change	N/a
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	N/a
Interest acquired	N/a
Interest disposed	N/a
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/a
Interest after change	N/a

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

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 30/9/2001.

Name of entity Emergent Resources Ltd ABN 68 125 323 622

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	Robert Boylan
Date of last notice	21 September 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
	Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Indirect interest held Trimglint Pty Ltd
	Date of change	11 October 2010
	No. of securities held prior to change Indirect Trimglint Pty Ltd Trimglint Pty Ltd	3,732,223 Ordinary fully paid shares 125,000 Listed options - 20 cents expiring 30/9/2010 2,983,658 Ordinary fully paid shares 15,000 Listed options - 20 cents expiring 30/9/2010
	Class	Ordinary fully paid shares
	Number acquired	140,000
	Number disposed	Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

	Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.20 each on exercise of listed options
	No. of securities held after change Indirect Trimglint Pty Ltd Trimglint Pty Ltd	3,857,223 Ordinary fully paid shares 2,998,658 Ordinary fully paid shares
	Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Exercise of listed options at $0.20 each on or before 30 September 2010

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.

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Detail of contract N/a
Nature of interest N/a
Name of registered holder N/a
(if issued securities)
Date of change N/a
No. and class of securities to N/a
which interest related prior to
change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired N/a
Interest disposed N/a
Value/Consideration N/a
Note: If consideration is non-cash, provide details and
an estimated valuation
Interest after change N/a
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• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002