IONDRIVE LIMITED — Director's Dealing 2019

Dec 15, 2019

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 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	18 October 2019

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.

Part 1 - Change of director’s relevaIn the case of a trust, this includes interests	Part 1 - Change of director’s relevaIn the case of a trust, this includes interests	nt interests in securitiesin the trust made available by the responsible entity of the trust	nt interests in securitiesin the trust made available by the responsible entity of the trust	nt interests in securitiesin the trust made available by the responsible entity of the trust
Note: In the case of a company, interests whichdisclosed in this part.Direct or indirect interest		come within paragraph (i) of the definition of “notifiable interest of a director”
	Direct or indirect interest		Indirect
	Nature of indirect interest(including registered holder)		The Greg Boulton Family Superannuation F	und
	Note: Provide details of the circumstances givto the relevant interest.	ing rise
	Date of change		1. 12 December 2019213 December 2019
	No. of securities held prior to change		DIRECT•NilINDIRECT•2,289,178 Listed ordinary shares•600,000 Unlisted options exercisable at 24cents on or before 9 October 2023•286,148 Unlisted options exercisable at 18cents on or before 31 December 2021
	Class		1. Fully paid ordinary shares2. Fully paid ordinary shares
	Number acquired		1. 71,9812. 17,097
	Number disposed		•Nil

• 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 detailsand estimated valuation		1. 16 cents per share2. 16 cents per share
No. of securities held after change		DIRECT•NilINDIRECT•2,378,256 Listed ordinary shares•600,000 Unlisted options exercisable at 24cents on or before 9 October 2023•286,148 Unlisted options exercisable at 18cents on or before 31 December 2021
Nature of changeExample: on-market trade, off-market trade, exerciseof options, issue of securities under dividendreinvestment plan, participation in buy-back		1. On market purchase2. On market purchase

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 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 –+Closedperiod
Were the interests in the securities or contracts detailed above tradedduring a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade toproceed during this period?
If prior written clearance was provided, on what date was thisprovided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011