IRON BEAR RESOURCES LTD — Director's Dealing 2013

Jun 3, 2013

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	1 May 2013

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(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	Indirect (1):Shares owned by Mr Antony William Paul Sageas trustee of the EGAS Superannuation Fund.Indirect (2):Shares owned by PG Partnership, of whichOkewood Pty Ltd is a member, a company inwhich Mr Sage has a relevant interest.Indirect (3):Shares owned by Okewood Pty Ltd, a companyin which Mr Sage has a relevant interest.
Date of change	3 June 2013

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

N	N	o. of securities held prior to change	o. of securities held prior to change		Indirect (1):40,940,430 Fully Paid Ordinary Shares	9t
					Indirect (2):
					250,000 Fully Paid Ordinary Shares
					Indirect (3):1725000 Full Paid Ordinar Shares
					,, y y2,000,000 Unlisted options exercisable at $0.2each on or before 22 November 2013 (subjec
					to vesting conditions)
C		lass			Fully Paid Ordinary Shares
N		umber acquired			272,170
N		umber disposed			Nil
VNv		alue/Considerationote: If consideration is non-cash, provide details and estimatedaluation			$31,238.25
N		o. of securities held after change			Indirect (1):40,940,430 Fully Paid Ordinary SharesIndirect (2):	9t
					250,000 Fully Paid Ordinary Shares
					Indirect (3):1,997,170 Fully Paid Ordinary Shares2,000,000 Unlisted options exercisable at $0.2
					each on or before 22 November 2013 (subjec
					to vesting conditions)
NEisin		ature of changexample: on-market trade, off-market trade, exercise of optionssue of securities under dividend reinvestment plan, participationbuy-back		,	On Market trade
		art 2 – Change of director’s intote: In the case of a company, interests which come within paragthis part.		erests in contracts
				raph (ii) of the definition of “notifiable interest of a director” should be disclose
	Detail of contract	Detail of contract	N	/A
	Nature of interest		N/A

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contractsdetailed above traded during a+closed periodwhere prior written clearance was required?	No
If so, was prior written clearance provided toallow the trade toproceed during thisperiod?	N/A
If prior written clearance was provided, on whatdate was thisprovided?	N/A

Date: 4 June 2013

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3