MAGNETITE MINES LIMITED. — Director's Dealing 2011

Apr 7, 2011

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.

Name of entity ROYAL RESOURCES LIMITED ABN 108 102 432

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.

We (the entity) give ASX the followingthe director for the purposes of section	information under listing rule 3.19A.2 and as agent for205G of the Corporations Act.
Name of Director	MARCUS FLIS
Date of last notice	30/11/2010

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

Direct or indirect interest	BOTH DIRECT AND INDIRECT
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	Relevant interests arise by virtue of thepower to control the voting rights attached tothe securities of the entities.
Date of change	6/04/2011

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

	Appendix 3YChange of Director’s Interest Notice	Appendix 3YChange of Director’s Interest Notice	Appendix 3YChange of Director’s Interest Notice	Appendix 3YChange of Director’s Interest Notice	Appendix 3YChange of Director’s Interest Notice	Appendix 3YChange of Director’s Interest Notice	Appendix 3YChange of Director’s Interest Notice
	No. of securities held prior to change
	Mr Marcus Ferdin(M & S Flis Super		and Flis					266,70	0ordina	ry shares.
		& S Flis Super	Fund A/	C)				38,100	quoted	o	ptions exerc	isable at 10
									cents	ac	h on or befo	re	1
									Octob	er	2011.
								1,500,	000option	s e	xpiring 6 A	pril	2012
								1500	exerci000otion	sabs	le at 30 cenxirin 6 A	ts eril	ach.2013
								,,	p	pg
	Susan Flis							exercisable at 50 cents each.233,333ordinary shares.33,333quoted options exercisable at 10cents each on or before 31October 2011.1,400,000options expiring 6 April 2011exercisable at 25 cents each.1,000,000options expiring 30 April 2013exercisable at 8 cents each.1,333,333ordinary shares.333,333quoted options exercisable at 10cents each on or before 31October 2011.1,500,000unquoted options exercisable at55 cents each on or before 26November 2014.1,750,000unquoted options exercisable at28 cents each on or before 29November 2015.
	Class							Unquoted options exercisable at 25 centseach on or before 6 April 2011.
	Number acquired
	Number disposedSusan Flis							1,400,000
	Value/ConsiderationNote: If consideration is non‐cash, providedetails and estimated valuation							-

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

	No. of securities held after change(M & S Flis Super Fund A/C)Susan Flis(Rowan Tree Fund A/C)	No. of securities held after change(M & S Flis Super Fund A/C)Susan Flis(Rowan Tree Fund A/C)	No. of securities held after change(M & S Flis Super Fund A/C)Susan Flis(Rowan Tree Fund A/C)	266,700ordinary shares.38,100quoted options exercisable at 12cents each on or before 31October 2013.1,500,000options expiring 6 April 2012exercisable at 30 cents each.1,500,000options expiring 6 April 2013exercisable at 50 cents each.233,333ordinary shares.33,333quoted options exercisable at 12cents each on or before 31October 2013.1,000,000options expiring 30 April 2013exercisable at 8 cents each.1,333,333ordinary shares.333,333quoted options exercisable at 12cents each on or before 31October 2013.1,500,000unquoted options exercisable at55 cents each on or before 26November 2014.1,750,000unquoted options exercisable at28 cents each on or before 29November 2015.	266,700ordinary shares.38,100quoted options exercisable at 12cents each on or before 31October 2013.1,500,000options expiring 6 April 2012exercisable at 30 cents each.1,500,000options expiring 6 April 2013exercisable at 50 cents each.233,333ordinary shares.33,333quoted options exercisable at 12cents each on or before 31October 2013.1,000,000options expiring 30 April 2013exercisable at 8 cents each.1,333,333ordinary shares.333,333quoted options exercisable at 12cents each on or before 31October 2013.1,500,000unquoted options exercisable at55 cents each on or before 26November 2014.1,750,000unquoted options exercisable at28 cents each on or before 29November 2015.	266,700ordinary shares.38,100quoted options exercisable at 12cents each on or before 31October 2013.1,500,000options expiring 6 April 2012exercisable at 30 cents each.1,500,000options expiring 6 April 2013exercisable at 50 cents each.233,333ordinary shares.33,333quoted options exercisable at 12cents each on or before 31October 2013.1,000,000options expiring 30 April 2013exercisable at 8 cents each.1,333,333ordinary shares.333,333quoted options exercisable at 12cents each on or before 31October 2013.1,500,000unquoted options exercisable at55 cents each on or before 26November 2014.1,750,000unquoted options exercisable at28 cents each on or before 29November 2015.
				Expiry of unquoted options.
	Nature of chanExamle: on‐mark	get trade off‐market trade	exercise of	Ei	f td ti
	poptions, issue of se	, ,curities under dividend re	investment	xp	ry o unquoe op	ns.
plan,participation	plan,participation	in buy‐back

Part 2 – Change of director’s interests in contracts

	Detail of contract		N/A
	Nature of interest
	Name of registered holder(if issued securities)
	Date of change
	No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contractin relation to which the interest has changed
	Interest acquired
	Interest disposed
	Value/ConsiderationNote: If consideration is non‐cash, providedetails and an estimated valuation
	Interest after change

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Appendix 3YChange of Director’s Interest NoticePart 3 –+Closed period
Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearance wasrequired?	No.
If so, was prior written clearance provided to allow the trade toproceed during this period?	-
If prior written clearance was provided, on what date was thisprovided?	-

• See chapter 19 for defined terms.

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