GALAN LITHIUM LIMITED — Director's Dealing 2014

Jan 5, 2014

Appendix 3Y Change of Director’s Interest Notice

CAZRule 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	DEMPSEY MINERALS LTD
ABN	87 149 349 646

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	Christopher Chalwell
Date of last notice	19 December 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	Direct and Indirect
Nature of indirect interest(includingregisteredholder)Note:Providedetailsofthecircumstances giving rise to therelevant interest.	Indirect (1):Shares owned by Mr CW & Mrs JR Chalwell <Chalwell Pension FundA/C>, an account in which Mr Chalwell is a beneficiary
Date of change	3 January2014
No. of securities held priorto change	Direct:578,471 Fully Paid Ordinary SharesIndirect (1):160,000 Fully Paid Ordinary Shares

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

	assOrdinary Sharesmber acquired90,000mber disposedNillue/Considerationte: If consideration is non-cash,vide details and estimated valuation$5,581.20. of securities held afterangeDirect:578,471 Fully Paid Ordinary SharesIndirect (1):250,000 Fully Paid Ordinary Shares	assOrdinary Sharesmber acquired90,000mber disposedNillue/Considerationte: If consideration is non-cash,vide details and estimated valuation$5,581.20. of securities held afterangeDirect:578,471 Fully Paid Ordinary SharesIndirect (1):250,000 Fully Paid Ordinary Shares
Cl	ass	Ordinary Shares
Nu	mber acquired	90,000
Nu	mber disposed	Nil
VaNopro	lue/Considerationte: If consideration is non-cash,vide details and estimated valuation	$5,581.20
No. of securities held afterchange	. of securities held afterange	Direct:578,471 Fully Paid Ordinary SharesIndirect (1):250,000 Fully Paid Ordinary Shares
Nature of changeExample: on-market trade, off-markettrade, exercise of options, issue ofsecurities under dividend reinvestmentplan, participation in buy-back		On-market trades

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 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

.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Were the interests in the securities orcontracts detailed above traded during a+closed period where prior written clearancewas required?	No
If so, was prior written clearance provided toallow the trade to proceed during this period?
If prior written clearance was provided, onwhat date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 3

11/3/2002