GALAN LITHIUM LIMITED — Director's Dealing 2015

Sep 17, 2015

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	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	Nathan Bruce McMahon
Date of last notice	24 June 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 interestildiitd	Indirect (1):Shares owned by Kingsreef Pty Ltd <NB & DL Family A/C>, an accountin which Mr McMahon is a beneficiary.Indirect (2)Shares owned by Jed McMahon, child of Mr McMahonIndirect (3)Shares owned by Millicent McMahon, child of Mr McMahonIndirect (4)Shares owned by Hendy McMahon, child of Mr McMahonIndirect (5)Shares owned by Montague McMahon, child of Mr McMahon
	(ncungregsereholder)NPiddilfh	Sharesin whic	owned by Kingsreef Pty Ltd <NB & DL Family A/C>, an ach Mr McMahon is a beneficiary.
	ote:roveetasotecircumstances giving rise to therelevant interest.	Indire	ct (2)
		Shares	owned by Jed McMahon, child of Mr McMahon
		Indire	ct (3)
		Shares	owned by Millicent McMahon, child of Mr McMahon
		IndireShares	ct (5)owned by Montague McMahon, child of Mr McMahon
	Date of change	16 Se	tember 2015
p		p

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held priorto change	Direct:128,549 Fully Paid Ordinary SharesIndirect (1):3,263,872 Ordinary Fully Paid SharesIndirect (2):12,854 Fully Paid Ordinary SharesIndirect (3):12,854 Fully Paid Ordinary SharesIndirect (4):12,854 Fully Paid Ordinary SharesIndirect (5):12,854 Fully Paid Ordinary Shares
Class	Ordinary Shares
Number acquired	50,000 Fully Paid Ordinary Shares
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash,provide details and estimated valuation	$3,750.00
No. of securities held afterchange	Direct:128,549 Fully Paid Ordinary SharesIndirect (1):3,313,872 Fully Paid Ordinary SharesIndirect (2):12,854 Fully Paid Ordinary SharesIndirect (3):12,854 Fully Paid Ordinary SharesIndirect (4):12,854 Fully Paid Ordinary SharesIndirect (5):12,854 FullyPaidOrdinary Shares
Nature of changeExample: on-market trade, off-markettrade, exercise of options, issue ofsecurities under dividend reinvestmentplan, participation in buy-back	On 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.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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

Part 3 –+Closed period.
Were the interests in the securities orcontracts detailed above traded during a+closed period where prior written clearance**was 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