GALAN LITHIUM LIMITED — Director's Dealing 2016

Aug 15, 2016

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	7 June 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	Indirect
(including registered holder)Note: Provide details of the circumstances givingrise to the relevant interest.	Shares owned by Mr CW & Mrs JR Chalwell <Chalwell PensionFund A/C>, an account in which Mr Chalwell is a beneficiary
Date of change	15 August 2016
No. of securities held prior to	Direct
change	854,180 Fully Paid Ordinary Shares
	191,402 Listed Options Expiring 31/12/18 exercisable @$0.14
	Indirect
	480,000 Fully Paid Ordinary Shares
	120,000 Listed Options Expiring 31/12/18 exercisable @$0.14
Class	Fully Paid Ordinary Shares
Number acquired	1. 145,820
	2. 20,000
Number disposed	Nil
Value/Consideration	1. $10,207.40
Note: If consideration is non-cash, providedetails and estimated valuation	2. 1,400.00

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change Direct 1,000,000 Fully Paid Ordinary Shares 191,402 Listed Options Expiring 31/12/18 exercisable @$0.14 Indirect 500,000 Fully Paid Ordinary Shares 120,000 Listed Options Expiring 31/12/18 exercisable @$0.14 Nature of change On market trades Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buyback

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

Part 3 –+Closed period.
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 2

11/3/2002