IRON BEAR RESOURCES LTD — Director's Dealing 2012

Nov 11, 2012

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity CAPE LAMBERT RESOURCES LIMITED

ABN 71 095 047 920

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	Antony Sage
Date of last notice	12 November 2012

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

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest	Indirect (1):
(including registered holder)	Shares owned by Mr Antony William Paul Sage
Note: Provide details of the circumstances giving rise to therelevant interest.	as trustee of the EGAS Superannuation Fund.
	Indirect (2):
	Shares owned by PG Partnership, of which
	Okewood Pty Ltd is a member, a company in
	which Mr Sage has a relevant interest.
	Indirect (3):
	Shares owned by Okewood Pty Ltd, a company
	in which Mr Sage has a relevant interest.
Date of change	12 November 2012

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Indirect (1):40,940,430 Fully Paid Ordinary Shares2,000,000 Options (exercisable at $0.45 eachon or before 30 November 2012)Indirect (2):250,000 Fully Paid Ordinary SharesIndirect (3):926,846 Fully Paid Ordinary Shares
Class	Fully Paid Ordinary Shares
Number acquired	73,154 Fully Paid Ordinary Shares
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$18,288.50
No. of securities held after change	Indirect (1):40,940,430 Fully Paid Ordinary Shares2,000,000 Options (exercisable at $0.45 eachon or before 30 November 2012)Indirect (2):250,000 Fully Paid Ordinary SharesIndirect (3):1,000,000 Fully Paid Ordinary Shares
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participationin buy-back	On-market trade

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

	No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationhih h i h hd	No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationhih h i h hd	N/A	N/A	N/A	N/A	N/A	N/A	N/A
	to wc te nterest as cInterest acqui	angered	N/A
	Interest disposedValue/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuationInterest after change		N/AN/AN/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts No detailed above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to N/A allow the trade to proceed during this period? If prior written clearance was provided, on what N/A date was this provided?

Date: 12 November 2012

• See chapter 19 for defined terms.

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