KINGSTON RESOURCES LIMITED — Director's Dealing 2016

Jul 10, 2016

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity	Kingston Resources Limited
ABN	44 009 148 529

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Andrew Corbett
Date of appointment	4 July 2016

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

Nil

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest. Milamar Group Pty Ltd (Mr Corbett is a Director of this entity)	Number & class of Securities 9,523,808 Fully paid ordinary shares 5,000,000 Unquoted Short Term Incentive Options exercisable at $0.04 (4 cents) each and expiring on 30 June 2018. 5,000,000 Unquoted Long Term Incentive Optionsexercisable at $0.07 (7 cents) each and expiring on 30 June 2019.

Part 3 – 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	Offer pursuant to Kingston Resources Limited Long Term Incentive Plan (KSN LTIP) as approved by Shareholders at General Meeting held 4July2016
Nature of interest	Indirect
Name of registered holder (if issued securities)	Milamar Group Pty Ltd
No. and class of securities to which interest relates	10,000,000 Performance Rights that will vest upon the satisfaction of the following Vesting Conditions: (a) 5,000,000 upon the announcement to ASX by the Company of a 5 million tonne JORC Compliant inferred Mineral Resource (or greater) of Li2O of at least 1%; and (b) 5,000,000 upon the announcement to ASX by the Company of a 15 million tonne JORC Compliant inferred Mineral Resource (or greater) of Li2O of at least 1%.

• See chapter 19 for defined terms.

Appendix 3X Page 2

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