HILLGROVE RESOURCES LIMITED — Director's Dealing 2017

Feb 15, 2017

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	HILLGROVE RESOURCES LIMITED
ABN	73 004 297 116

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	Steven Paul McClare
Date of last notice	23 December 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(incl. registered holder)Note: Provide details of the circumstances giving riseto the relevant interest.	N/A *
Date of change	16 February 2017
No. of securities held prior to change	477,273 Ordinary Shares55,000 Convertible Notes2,069,100 Options
Class	Ordinary Shares
Number acquired	2,069,100 Ordinary Shares
Number disposed	2,069,100 Options
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	$0.03 per share
No. of securities held after change	2,546,373 Ordinary Shares55,000 Convertible NotesNil Options

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of changeExample: on-market tradeoptions, issue of securitieplan, participation in buy-b	, off-market trade, exercise ofs under dividend reinvestment	Exercise of options and on market tra	nsfer to
	ack	an associated entity.

• The 2,546,373 ordinary Shares and the 55,000 Convertible Notes are now held indirectly by Mr McClare through the Stirling Idea Superfund.

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	N/A
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which interest	N/A
related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide
details and an estimated valuation
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts
detailed above traded during a+closed periodwhere prior written clearance was required?	Yes
If so, was prior written clearance provided toallow the trade to proceed during this period?	Yes, written clearance to transfer interest toan associated entity was given.
If prior written clearance was provided, on what
date was this provided?	25 January 2017

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 2