IONIC RARE EARTHS LIMITED — Director's Dealing 2014

Apr 22, 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 DAVID HAMILTON WARD
Date of last notice	23 August 2013

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

Direct or indirect interest	a) Direct b) Indirect
Nature of indirect interest (including registered holder)	Mr Ward is a director and shareholder in Blackwood Business Services Pty Ltd which acts as a trustee of a trust in which Mr Ward is a beneficiary
Date of change	23 April 2014
No. of securities held prior to change	a) 312,500 fully paid shares 150,000 options exercisable at $0.27 each b) 2,207,227 fully paid shares
Class	Fully Paid Ordinary Shares
Number acquired	-
Number disposed	b) 810
Value/Consideration	-
No. of securities held after change	a) 312,500 fully paid shares 150,000 options exercisable at $0.27 each b) 2,206,417 fully paid shares
Nature of changes	Transposition error on previous advice

Part 2 – Change of director’s interests in contracts

NIL

Appendix 3Y Change of Director’s Interest Notice

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