GOLDARC RESOURCES LIMITED — Director's Dealing 2011

Aug 24, 2011

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 Cluff Resources Pacific NL

ABN 72 002 261 565

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 Peter John Ashcroft Date of last notice 3 August 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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Parkview Services (Australia) Pty Limited (The Director is a director and shareholder of this company). The company is the legal owner of the shares. Parkview Services (Australia) Pty Limited Parkview Services Superannuation Fund> The Director is a director of the company and a beneficiary of the fund. Ashware Holdings Pty Limited (The Director is director of this company but has no beneficial interest in any shares of the company). The company is the legal owner of the Torian shares.
Date of change	25 August 2011
No. of securities held prior to change	Securities held by held by Parkview Services (Australia) Pty Limited Fund>: 57,333,334 TNR 21,660,000 TNRAK 20,000,000 TNRAL 10,000,000 31 December 2011 $0.00448 unlisted options 10,000,000 31 December 2011 $0.00948 unlisted options 10,000,000 31 December 2012 $0.004 unlisted options 10,000,000 31 December 2012 $0.01 unlisted options 47,000,000 31 December 2014 $0.01 unlisted options 47,000,000 31 December 2014 $0.011 unlisted options 47,000,000 31 December 2015 $0.012 unlisted options 47,000,000 31 December 2015 $0.013 unlisted options

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

	Securities held by Parkview Services (Australia) Pty Limited: 4,392,500 TNR Securities held by Ashware Holdings Pty Ltd: 5,000,000 TNR
Class	TNR– Fully paid ordinary shares TNROB- Listed 31 July 2011 Options convertible at $0.01 per Option TNRAK- Unlisted Employee Options exercisable at 0.5 cents ($0.005) per Option and expiring on 31 August 2012 TNRAL- Unlisted Employee Options exercisable at 0.33 cents ($0.0033) per Option and expiring on 14 October 2013 Unlisted Options- issued to Directors pursuant to 2009, 2010 and 2011 AGM resolutions.
Number acquired	10,050,000 TNR
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$45,000.00 paid for conversion of 10,000,000 $0.00448 31 December 2011 and 50,000 $0.004 31 December 2012 unlisted options
No. of securities held after change	Securities held by held by Parkview Services (Australia) Pty Limited Fund>: 67,383,334 TNR 21,660,000 TNRAK 20,000,000 TNRAL 10,000,000 31 December 2011 $0.00948 unlisted options 9,950,000 31 December 2012 $0.004 unlisted options 10,000,000 31 December 2012 $0.01 unlisted options 47,000,000 31 December 2014 $0.01 unlisted options 47,000,000 31 December 2014 $0.011 unlisted options 47,000,000 31 December 2015 $0.012 unlisted options 47,000,000 31 December 2015 $0.013 unlisted options Securities held by Parkview Services (Australia) Pty Limited: 4,392,500 TNR Securities held by Ashware Holdings Pty Ltd: 5,000,000 TNR
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Conversion of unlisted options

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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?	-
If prior written clearance was provided, on what date was this provided?	-

• See chapter 19 for defined terms.

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