IONIC RARE EARTHS LIMITED — Director's Dealing 2017

Mar 21, 2017

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	24 February 2017

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

Direct or indirect interest	Direct
Nature of indirect interest(including registered holder)	Held by the spouse of Mr Dickson and held bythe Dickson Superannuation Fund
Date of change	15 – 17 March 2017
No. of securities held prior to change	a) Direct3,545,330 fully paid shares11,000,000 options exercisable at $0.01 each11,000,000 options exercisable at $0.05 eachb) Indirect12,500,000 fully paid shares11,000,000 options exercisable at $0.01 each11,000,000 options exercisable at $0.05 each
Class	Fully Paid Shares
Number acquired	-
Number disposed	2,500,000
Value/Consideration	$47,353
No. of securities held after change	b) Direct1,045,330 fully paid shares11,000,000 options exercisable at $0.01 each11,000,000 options exercisable at $0.05 eachb) Indirect12,500,000 fully paid shares11,000,000 options exercisable at $0.01 each11,000,000 options exercisable at $0.05 each
Nature of changes	On market sale

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