LIVIUM LTD — Director's Dealing 2014

Apr 9, 2014

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 Cobre Montana NL ABN 29 126 129 413

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	Eduardo Valenzuela
Date of last notice	28 March 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	Indirect 2
Nature of indirect interest	Indirect 1
(including registered holder)	Andes Consulting Pty Ltd
Note: Provide details of the circumstances giving rise to the relevant
interest.	Indirect 2
	Alpes Asesorias e Inversiones E.I.R.L
Date of change	27 March 2014
No. of securities held prior to change	Direct
	Nil
	Indirect 1
	69,400 ordinary fully paid shares
	500,000 $0.0875 options exercisable on or before
	2 September 2015
Class	Indirect 2
	Ordinary fully paid shares
Number acquired	Indirect 2
	710,769 ordinary fully paid shares (voluntarily
	escrowed)
Number disposed	Nil

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

	Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Indirect 2Deemed consideration $35,538.45	Indirect 2Deemed consideration $35,538.45	Indirect 2Deemed consideration $35,538.45	Indirect 2Deemed consideration $35,538.45	Indirect 2Deemed consideration $35,538.45
	No. of securities held after change						DirectNil
							Indirect69,400 or500,000 $ 2 Septem	1dinary fully pai0.0875 optionsber 2015	d sharesexercisable on	or before
							Indirect710,769escrowed	2ordinary fully)	paid shares (v	oluntarily
	NaturExample	e of chan: on-market trad	gee, off-market	trade, exercise	of options, iss	ue of	Shares issAgreeme	ued as part of Snt as outlined in	tock Purchase OASX announce	ptionment of
	securities under dividend reinvestment plan, participation in buy-back						24 February 2014.

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	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to	N/A
which interest related prior to
change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and an
estimated valuation
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the N/A trade to proceed during this period? If prior written clearance was provided, on what date N/A was this provided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3