IONDRIVE LIMITED — Major Shareholding Notification 2012

Apr 18, 2012

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

SOUTHERN GOLD LIMITED

ACN/ARSN 107 424 519

This notice is given by Integra Mining Limited on behalf of itself and each of its controlled bodies corporate (Integra Subsidiaries) named in the list of 1 page annexed to this notice and marked "Annexure A".

1. Details of substantial holder (1)

Name Integra Mining Limited (ACN 093 278 436) and each of the Integra Subsidiaries named in the list of 1 page annexed to this notice and marked “Annexure A”

There was a change in the interests of the 17 & 19/04/2012 substantial holder on The previous notice was given to the company on 02/02/2012 The previous notice was dated 02/02/2012

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate(2) had a relevant interest(3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class ofsecurities(4)	PreviousNotice		PresentNotice
	Persons' votes	Voting power(5)	Persons' votes	Voting power(5)
Ordinary Shares	26,967,644	10.00%	43,277,337	12.48%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of Change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person’s votes affected
17/04/2012	Integra Mining Limited	Purchaser of securities issued pursuant to the Rights Offer Memorandum dated 7 March 2012	$331,316.81	7,705,042 Ordinary Shares	7,705,042
19/04/2012	Integra Mining Limited	Purchaser of securities issued pursuant to Rights Issue Shortfall Allocation	$369,999.99	8,604,651 Ordinary Shares	8,604,651

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered asholder(8)	Nature of relevant interest (6)	Class and number of securities	Person’s votes
Integra MiningLimited	Integra MiningLimited	Integra MiningLimited	Registered Holder	43,277,337 OrdinaryShares	43,277,337

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name andACN/ARSN(ifapplicable)	Nature ofassociation
Not Applicable	Not Applicable

6.	Addresses
The	addresses of persons named in this form are as follows:
	Name Address
	Integra Mining Limited 168 Stirling Highway, Nedlands, 6009 Western Australia
	Integra Subsidiaries As set out in the list of 1 page annexed to this notice and marked “Annexure A”
Signature
	Print name Peter Ironside capacity Director
	sign here date 19/04/2012
	DIRECTIONS
(1)	If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an
	equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to
	throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the
	form.
(2)	See the definition of "associate" in section 9 of the Corporations Act 2001.
(3)	See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
(4)	The voting shares of a company constitute one class unless divided into separate classes.
(5)	The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
(6)	Include details of:
	(a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any
	document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or
	arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
	(b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to
	which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).
	See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.
(7)	Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become
	entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details	must be
	included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person	from whom
	the relevant interest was acquired.
(8)	If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".
(9)	Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Annexure “A”

This is the Annexure of 1 page marked “A” referred to in

the form 604 Notice of Change of Interests of Substantial

Holder

Signed by me and dated 19 April 2012

…………………………………………………… Name: Peter Ironside, Director Integra Mining Limited

	Integra Subsidiaries
Integra Mining Limited – controlled bodies corporate	Registered Office
PayLODE Pty Ltd	168 Stirling Highway, Nedlands, 6009, Western Australia
LODEd Pty Ltd	168 Stirling Highway, Nedlands, 6009, Western Australia
BackLODE Pty Ltd	168 Stirling Highway, Nedlands, 6009, Western Australia