IONDRIVE LIMITED — Director's Dealing 2016

Nov 3, 2016

Appendix 3Y Change of Director’s Interest Notice

The 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 SOUTHERN GOLD LIMITED ABN 30 107 424 519

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	Gregory Colin Boulton
Date of last notice	26 October 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		Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.		The Greg Boulton Family SuperannuationFund
Date of change		2 November 2016
No. of securities held prior to change		DIRECTNILINDIRECT1,089,003 listed ordinary shares133,334 unlisted options exercisable at37.5 cents on or before 30 November2019
Class		Fully paid ordinary shares
Number acquired		INDIRECT200,000
Number disposed		Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation		$69,394.18

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No.	of securities held	of securities held	of securities held	after change	after change		DIRECT	DIRECT
								NIL
							INDIRECT
								1,289,003 listed ordinary shares
								133,334 unlisted options exercisable at
								37.5 cents on or before 30 November
								2019
Nature of change								On Market Purchase
Example: on-market trade, off-market trade,					exercise of options,
issue	of	securities	under	dividend	reinvestment	plan,
participation		in buy-back

Part 2 – Change of director’s interests in contracts

Part 2 – Change of director’s interests in contracts	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 disclosedinthis 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	No
detailed above traded during a+closed period
where prior written clearance was required?
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.

Appendix 3Y Page 2

01/01/2011