KORAB RESOURCES LIMITED — Director's Dealing 2015

Jun 28, 2015

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: KORAB RESOURCES LIMITED ABN: 17 082 140 252

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	ANDREJ K KARPINSKI
Date of last notice	30 June 2014

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	Direct (a) Indirect (b) and (c)
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	(a) Self (b) Director of, and controlling shareholder in Rheingold Investments Corporation P/L (c) Beneficiary of Rubicon Super Fund
Date of change	25 June 2015
No. of securities held prior to change	(a) 7,142,850 shares (b) 936,843 shares (c) 13,000,000 shares
Class	Ordinary fully paid shares
Number acquired	(a) NIL shares (b) 20,000,000 shares (c) NIL shares
Number disposed	(a) NIL shares (b) NIL shares (c) NIL shares
Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	3 cents each

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	(a) 7,142,850 shares (b) 20,936,843 shares (c) 13,000,000 shares
Nature of change Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐back	Issue of securities under Underwriting Agreement to partially underwrite a non-renounceable pro-rata rights issue offer 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	NOT APPLICABLE
Nature of interest	NOT APPLICABLE
Name of registered holder (if issued securities)	NOT APPLICABLE
Date of change	NOT APPLICABLE
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	NOT APPLICABLE
Interest acquired	NOT APPLICABLE
Interest disposed	NOT APPLICABLE
Value/Consideration Note: If consideration is non‐cash, provide details and an estimated valuation	NOT APPLICABLE
Interest after change	NOT APPLICABLE

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?	NO
If so, was prior written clearance provided to allow the trade to proceed during this period?	NOT APPLICABLE
If prior written clearance was provided, on what date was this provided?	NOT APPLICABLE

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011