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.

purposes of section 205G of the Corporations Act.
Name of Director	Andrew Corbett
Date of last notice	11 July 2016

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)	Milamar Group Pty Ltd <Milamar Family A/c>
Note: Provide details of the circumstances giving rise to the relevant interest.	(A Corbett is a Director of this entity)
	31 July 2017 (Performance Rights lapsed)
	31 July 2017 (Ordinary Shares issued on partial vesting of
Date of change	Performance Rights)
	9,523,808 Ordinary Shares
	5,000,000 Unlisted STI Optionsexercisable at $0.04 –
	expiry 30 June 2018
	5,000,000 Unlisted LTI Optionsexercisable at $0.07 –
	expiry 30 June 2019
	10,000,000 Performance Rightsthat will vest upon the
	satisfaction of the following Vesting Conditions prior to 30
No. of securities held prior to change*	June 2019:5,000,000 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
	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.

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Appendix 3Y Change of Director’s Interest Notice

	2,144,375 Performance Rightsthat will vest subject toperformance and vesting conditions being satisfied before 30June 2020 (refer 3B Notice on 22/12/16)3,216,563 Performance Rightsthat will vest subject toperformance and vesting conditions being satisfied before 30June 2017 (refer 3B Notice on 22/12/16)
Class	Ordinary Shares
Number acquired	1,287,000 Ordinary Shares (31/7/17) due to partial vesting ofPerformance Rights
Number disposed	1,929,563 Performance Rights (lapsed 31/7/17)
Value / ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	10,810,808 Ordinary Shares5,000,000 Unlisted STI Optionsexercisable at $0.04 –expiry 30 June 20185,000,000 Unlisted LTI Optionsexercisable at $0.07 –expiry 30 June 201910,000,000 Performance Rightsthat will vest upon thesatisfaction of the following Vesting Conditions prior to 30June 2019:5,000,000 upon the announcement to ASX by the Companyof a 5 million tonne JORC Compliant inferred MineralResource (or greater) of Li2O of at least 1%; and5,000,000 upon the announcement to ASX by the Companyof a 15 million tonne JORC Compliant inferred MineralResource (or greater) of Li2O of at least 1%.2,144,375 Performance Rightsthat will vest subject toperformance and vesting conditions being satisfied before 30June 2020
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Issue of Ordinary Shares

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired 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.

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