IONIC RARE EARTHS LIMITED — Director's Dealing 2015

Jan 28, 2015

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 BRADFORD FARRELL
Date of last notice	26 May 2014

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

Direct or indirect interest	Indirect
Nature of indirect interest(including registered holder)	Held by Companies of which Dr Farrell is botha director and shareholder
Date of change	31 December 2014
No. of securities held prior to change	42,101,281 fully paid shares7,500,000 options exercisable at $0.27 each
Class	Options exercisable at $027 each
Number acquired	-
Number disposed	Options lapsed
Value/Consideration	-
No. of securities held after change	42,101,281 fully paid shares
Nature of changes	Lapse of options

Part 2 – Change of director’s interests in contracts

NIL

Part 3 – Closed period

	Were the interests in the securities or contracts detailedabove traded during a closed period where prior writtenclearance was required?	Were the interests in the securities or contracts detailedabove traded during a closed period where prior writtenclearance was required?	Were the interests in the securities or contracts detailedabove traded during a closed period where prior writtenclearance was required?	No	No	No
	If so, was prior written clearance provided to allow the tradeto proceed during this period?			N/A
	If prior written clearance was provided, on what daprovided?	te was this		N	/A

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	4 July 2014

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

Direct or indirect interest	Direct and Indirect	Direct and Indirect
Nature of indirect interest	Dr	Martinick is a director of Martinick
(including registered holder)	Investments Pty Ltd and a beneficiary of the
	Martinick Superannuation Fund of which
	Martinick Investments is a trustee
Date of change	31	December 2014
No. of securities held prior to 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
Class	Options exercisable at $0.27
Number acquired	-
Number disposed	Lapse of options
Value/Consideration	-
No. of securities held after change	a)	W G Martinick
		3,920,520 fully paid ordinary shares
	b)	Martinick Investments Pty Ltd
		36,579,480 fully paid shares
Nature of changes	Lapse of options

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 detailedabove traded during a closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002