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KINGSROSE MINING LIMITED Director's Dealing 2016

Jan 17, 2016

65202_rns_2016-01-17_64ddcfb3-9d96-49d3-95ae-c3730999247b.pdf

Director's Dealing

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ASX Announcement 18 January 2016

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CANCELLATION OF SHARE PERFORMANCE RIGHTS

The Company wishes to advise that 417,914 Share Performance Rights have been cancelled following the resignation of the Manging Director.

The capital structure of the Company following the cancellation of these unquoted securities is as follows:

Quoted Securities

358,611,493 Ordinary Fully Paid Shares (ASX: KRM).

Unquoted Securities

Number Instrument ASX Code Exercise Price Expiry Date
1,500,000 Employee Options KRMAK $0.55 28 Jan 2016
500,000 Employee Options KRMAY $0.47 7 Apr 2016
500,000 Unlisted Options KRMAB $0.55 7 Apr 2016
1,850,000 Employee Options KRMAB $0.55 7 Apr 2016
500,000 Employee Options KRMAZ $0.44 11 Aug 2016
3,000,000 Employee Options KRMAK $0.55 13 Jan 2017
4,800,000 Employee Options KRMAK $0.26 18 Nov 2018
416,413 Share Performance Rights KRMAJ 30 June 2017

-ENDS-

For further information please contact:

Joanna Kiernan, Company Secretary +61 8 9486 1149 [email protected]

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----- Start of picture text ----- months which has yielded early stage success with gold veins identified undercover and encouraging results from a recent orientation drilling programtesting blind mineralisation.Suite 9, Level 2, 12-14 Thelma Street, West Perth WA 6005 | P (08) 9486 1149 | F (08) 9486 1151[email protected] | www.kingsrosemining.com.au | ASX: KRMABN: 49 112 389 910----- End of picture text -----