GOLD MOUNTAIN LIMITED — Director's Dealing 2011

Sep 4, 2011

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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	Commissioners Gold Limited(ASX Code: CGU)
ABN	79 115 845 942

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Robert J Waring
Date of appointment	29 November 2010;trading commenced ASX on 2 September 2011

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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.

Number and class of securities

10,000 Ordinary

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder and nature of interest Number and class of Securities Note: Provide details of the circumstances giving rise to the relevant interest. 10,000 Nadia Waring (spouse) Warinco Services Pty Limited 20,000 (RJW is a 50% shareholder and Director)

RJ Waring is a Director and substantial shareholder in, but he does not have a relevant interest in, Spencer Hamilton Limited, a company which holds 260,000 ordinary shares in Commissioners Gold Limited and in Oakhill Hamilton Pty Ltd, a company which holds 10,000 ordinary shares in Commissioners Gold Limited.

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Part 3 – 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)
No. and class of securities towhich interest relates

Appendix 3X – 2 Sep 11 RJW

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002