HAMMER METALS LIMITED — Director's Dealing 2012

Dec 4, 2012

ASX Announcement ASX Code:MDS ABN 87 095 092 158

5 December, 2012

Diversified mining and metals company Midas Resources (ASX: MDS ) is a gold and copper focussed company with an advanced gold project at Lake Carey south of Laverton where the Company is evaluating options for the development of the Fortitude gold deposit. Midas also has an active gold exploration program at LakeCarey testing various targets. In the multi-metal Paterson Province Midas has a program of diamond drill-testing geophysical targets for IOCG and Nifty style copper deposits.

Key Projects:

• PatersonProvince (100%)

• LakeCarey (100%)

• Leonora Gold Project (100%)

Corporate Structure

Shares on issue 525.8m Performance Options 2.7m 52 week high A$0.017 52 week low A$0.006

Company Directors

AMENDMENT TO CHANGE OF DIRECTOR’S INTEREST

APPENDIX 3Y

We refer to the Appendix 3Y reported on the 30[th] November and attach an amended document that includes Part 3 of the appendix.

The Company is aware of its listing rule obligations in respect to this matter and specifically listing rules 3.19A and 3.19B. In this respect the Company makes the following statements about the attached Appendix 3Y.

1. The Appendix 3Y had not previously been reported as a result of an administrative oversight.

2. The Company has informed all Directors of the disclosure requirements set out in listing rules 3.19A, 3.19B and s205G of the Corporations Act. In addition the Company has previously adopted a Securities Trading Policy which has been disclosed to the market and which outlines the requirements for disclosure and approval of all securities trading.

3. The Company is confident that the arrangements it currently has in place are adequate and doesn’t believe that any additional steps are required to ensure ongoing compliance with listing rule 3.19B.

For and on behalf of the Board of Midas Resources Limited

Mark Pitts Company Secretary

John Hopkins Chairman

Geoff Balfe Managing Director

Terry Streeter Non-Executive Director

Company Secretary Mark Pitts

MIDAS RESOURCES LIMITED | ABN 87 095 092 158 Level 1 282 Rokeby Road Subiaco WA 6008 | PO Box 356 Subiaco WA 6904 T +61 8 9388 2211 | F +61 8 9388 2600 | www.midasresources.com.au

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	Midas Resources Limited
ABN	87 095 092 158

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.

We (the entity) give ASX the followingthe director for the purposes of section	information under listing rule 3.19A.2 and as agent for205G of the Corporations Act.
Name of Director	Geoff Balfe
Date of last notice	22 June 2012

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 relevantinterest.	Mr Balfe has a relevant interest inAventeos Investments Limited <The BalfeSuper Fund A/C>.
Date of change	2 November 2012
No. of securities held prior to change	Direct500,000 unlisted options expiring 15/11/13Indirect14,366,592 shares6,741,200 listed options (MDSOC)expiring 30/11/12
Class	Ordinary shares
Number acquired	1,339,285
Number disposed	-

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$15,000
No. of securities held after change	Direct500,000 unlisted options expiring 15/11/13Indirect15,705,877 shares6,741,200 listed options (MDSOC)expiring 30/11/12
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Take up of equities under share purchaseplan.

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	n/a
If prior written clearance was provided, on what date was thisprovided?	n/a

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3