HILLGROVE RESOURCES LIMITED — Director's Dealing 2018

Jan 31, 2018

==> picture [103 x 52] intentionally omitted <==

==> picture [142 x 40] intentionally omitted <==

Thursday, 1 February 2018

CORRECTION CHANGE IN DIRECTOR’S INTEREST

Hillgrove Resources (ASX:HGO), advises the attached Appendix 3Y Change in Director’s Interest notice replaces the version released on 12 December 2017..

The Date of Change in the earlier notice was incorrectly written as 20 September 2017 and it should have been 6 December 2017. There are no other changes to the earlier notice.

For more information contact:

Mr Paul Kiley CFO & Company Secretary Tel: +61 (0) 8 7070 1698

IIII

HILLGROVE RESOURCES LIMITED ACN 004 297 116 Suite 1709, Level 17 Australia Square Tower, 264 George Street, Sydney NSW 2000, Australia

www.hillgroveresources.com T +61 2 8247 9300 F +61 2 8247 9399

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	22 September 2017

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 rise to the relevant interest.	McClare PTY LTD A/C>
Date of change	6 December 2017
No. of securities held prior to change	5,046,373 Ordinary Shares 55,000 Convertible Notes 6,300,000 Performance Rights
Class	Ordinary Shares
Number acquired	1,833,333 Ordinary Shares
Number disposed	55,000 Convertible Notes
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil - per the Note Terms, the noteholder can convert each $1.00 Convertible Note into ordinary fully paid shares at a conversion price of $0.03 per share, for nil consideration
No. of securities held after change	6,879,706 Ordinary Shares Nil Convertible Notes 6,300,000 Performance Rights

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of Conversion of Notes into fully paid ordinary options, issue of securities under dividend reinvestment shares. plan, participation in buy-back

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 (if issued securities)	N/A
Date of change	N/A
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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
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 period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 2