GOLD MOUNTAIN LIMITED — Director's Dealing 2012

Nov 29, 2012

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 30/09/01; Amended 01/01/11

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.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Robert J Waring
Date of last notice	30 December 2011

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.	Nadia Waring (spouse) Warinco Services Pty Limited (RJW is a 50% shareholder and Director)
Date of change	28 November 2012
No. of securities held prior to change	Robert J Waring – 10,000 shares Nadia Waring – 10,000 shares Warinco Services Pty Limited – 55,000 shares
Class	Ordinary Shares
Number acquired	666,666
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$30,000 (at a price $0.045 each) in SPP

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Robert J Waring – 343,333 shares Nadia Waring – 10,000 shares Warinco Services Pty Limited – 388,333 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	Participated in Share Purchase Plan (SPP)

In addition, 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.

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	None
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 or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	Not applicable
If prior written clearance was provided, on what date was this provided?	Not applicable

Appendix 3Y – 30 November 2012 RJW

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011