KINGSTON RESOURCES LIMITED — Director's Dealing 2017

Jul 31, 2017

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 30/9/2001. Amended 01/01/11

Name of entity	**Kingston Resources Limited **
ABN	44 009 148 529

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.

Na	me of Director	Andrew Paterson
Da	te of last notice	1 March 2017

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.

	t 1 - Change of director’s relevant interests in securitiese case of a trust, this includes interests in the trust made available by the responsible entity of the trustIn 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.ect or indirect interestDirectture of indirect interest (including registered holder)e: Provide details of the circumstances giving rise to the relevant interest.-te of change31 July 2017 (Performance Rights lapsed)31 July 2017 (Ordinary Shares issued on partial vesting ofPerformance Rights)476,190 Ordinary Shares8,000,000 Performance Rights(Offer pursuant to KingstonResources Limited Long Term Incentive Plan (KSN LTIP) as
Dir	ect or indirect interest	Direct
NaNot	ture of indirect interest (including registered holder)e: Provide details of the circumstances giving rise to the relevant interest.	-
Da	te of change	31 July 2017 (Performance Rights lapsed)31 July 2017 (Ordinary Shares issued on partial vesting ofPerformance Rights)
No. of securities held prior to change*		476,190 Ordinary Shares8,000,000 Performance Rights(Offer pursuant to KingstonResources Limited Long Term Incentive Plan (KSN LTIP) as
		approved by Shareholders at General Meeting held 4 July2016) – varying vesting conditions prior to 30/6/19.4,000,000 Unquoted Short Term Incentive Optionsexercisable at $0.04 (4 cents) each and expiring on 30 June2018.4,000,000 Unquoted Long Term Incentive Optionsexercisable at $0.07 (7 cents) each and expiring on 30 June2019.1,825,000 Performance Rightsthat will vest subject toperformance and vesting conditions being satisfied before 30June 2020 (refer ASX Announcement lodged on 22/12/16)2,737,500 Performance Rightsthat will vest subject toperformance and vesting conditions being satisfied before 30June 2017 (refer ASX Announcement lodged on 22/12/16)

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Class	Class	Ordinary Shares	Ordinary Shares	Ordinary Shares
Number acquired		1,095,000 Ordinary Shares (31/7/17) due to partial vesting ofPerformance Rights granted on 22/12/17
Numb	er disosed	1642500 Pf Riht (ld 31/7/17)
	p	,, erormance gs apse
ValueNote: If	/ Considerationconsideration is non-cash, provide details and estimated valuation	Nil
No. o	f securities held after change	1,571,190 Ordinary Shares4,000,000 Unlisted STI Optionsexercisable at $0.04 –expiry 30 June 2018
		4000000 Unlisted LTI Optionsexercisable at $0.07 –
		,, expiry 30 June 20198,000,000 Performance Rightsthat will vest upon thesatisfaction of the following Vesting Conditions prior to
		30/6/19:
		4,000,000 upon the announcement to ASX by the Companyof a 5 million tonne JORC Compliant inferred Mineral
		Resource (or greater) of Li2O of at least 1%; and
		4,000,000 upon the announcement to ASX by the Companyf 15 millin tnn JORC Cmlint infrrd Minrl
		o a o oe opa ee eaResource (or greater) of Li2O of at least 1%.1,825,000 Performance Rightsthat will vest subject toperformance and vesting conditions being satisfied before 30June 2020 (refer 3B Notice on 22/12/16)
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back
	e of change
Part 2 – Change of director’s interests in contractsNote: 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
Name of registered holder (if issued securities)
Date of change
No. and class of securities to which interest relatedprior to changeNote: Details are only required for a contract in relation to which the interesthas changed
	nged
Intere	st acquired

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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Appendix 3Y Change of Director’s Interest Notice

Interest disposed Value / Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed abovetraded during a +closed period where prior written clearance wasrequired?	N/A
If so, was prior written clearance provided to allow the trade toproceed 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 3

11/3/2002