IONIC RARE EARTHS LIMITED — Director's Dealing 2014

Jul 3, 2014

Appendix 3Y Change of Director’s Interest Notice

Appendix 3Y

Change of Director’s Interest Notice

Name of entity ORO VERDE LIMITED ABN 84 083 646 477

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	DR WOLF GERHARD MARTINICK
Date of last notice	26 May 2014

Part 1 - Change of director’s relevant interests in securities

Direct or indirect interest	Direct and Indirect
Nature of indirect interest (including registered holder)	Dr Martinick is a director of Martinick Investments Pty Ltd and a beneficiary of the Martinick Superannuation Fund of which Martinick Investments is a trustee
Date of change	20 June 2014
No. of securities held prior to change	a) W G Martinick 38,212,761 fully paid ordinary shares 7,500,000 options exercisable at $0.27 each b) Martinick Investments Pty Ltd 2,287,239 fully paid shares
Class	Fully Paid Ordinary Shares
Number acquired	Indirect Holding – 34,292,241
Number disposed	Direct Holding– 34,292,241
Value/Consideration	-
No. of securities held after change	a) W G Martinick 3,920,520 fully paid ordinary shares 7,500,000 options exercisable at $0.27 each b) Martinick Investments Pty Ltd 36,579,480 fully paid shares
Nature of changes	Transfer of shares from direct to indirect holding

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

NIL

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.

Appendix 3Y Page 2

11/3/2002