IONIC RARE EARTHS LIMITED — Director's Dealing 2016

Jun 27, 2016

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	MR BRETT DICKSON
Date of last notice	1 July 2015

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

Direct or indirect interest	Direct or indirect interest	Direct	Direct	Direct	Direct
Nature of indirect interest(including registered holder)		Held by the spouse of Mr Dickson and held bythe Dickson Superannuation Fund of whichMr Dickson is both a trustee and beneficiary
Date of change		24 June 2016
No. of securities held prior to cha	nge	¶Direc		t
		2,500,000 full11000000 o		y paid sharesions exercisable at $001 each
		,, p11,000,000 opt		.ions exercisable at $0.05 each
		b) Indirect
		15,000,000 ful		ly paid shares
		11,000,000 options exercisable at $0.01 each11,000,000 options exercisable at $0.05 each
Class		Fully Paid Shares
Number acquired		1,098,901
Number disposed		-
Value/Consideration		$7,500
No. of securities held after change		a) Direct
		3,598,901 fu11000000 o	lly paid sharestions exercisable at $001 each
		,,11,000,000 o	.ptions exercisable at $0.05 each
		b) Indirect
		15,000,000 f	ully paid shares
		11,000,000 options exercisable at $0.01 each11,000,000 options exercisable at $0.05 each
Nature of changes		Participation in the Company’s DirectorsShare Plan approved by shareholders at the2015 AGM

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 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