MAGNETITE MINES LIMITED. — Director's Dealing 2014

Jun 19, 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	ROYAL RESOURCES LIMITED
ABN	34 108 102 432

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 following the director for the purposes of section	information under listing rule 3.19A.2 and as agent for 205G of the Corporations Act.
Name of Director	Philip G Crabb
Date of last notice	2/12/2013

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	BOTH DIRECT AND INDIRECT
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Relevant interests arise by virtue of the power to control the voting rights attached to the securities of the entities.
Date of change	(1) 18/06/2014 (2) 19/06/2014

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change June W Crabb Ioma Pty Ltd (The Gemini Fund Account) Ragged Range Mining Pty Ltd The Crabb Superannuation Fund	10,430 12,696,539 750,000 1,000,000 1,250,000 1,500,000 1,500,000 5,753,713 6,390,272 Ordinary shares. Ordinary shares. unquoted options exercisable at 55 cents each on or before 26 November 2014. unquoted options exercisable at 28 cents each on or before 29 November 2015. unquoted options exercisable at 21 cents each on or before 27 November 2016. unquoted options exercisable at 16 cents each on or before 27 November 2017. unquoted options exercisable at 10 cents each on or before 31 October 2018. ordinary shares. ordinary shares
Class	(1) and (2) ordinary shares
Number acquired Ragged Range Mining Pty Ltd The Crabb Superannuation Fund	(1) 269,210 (2) 231,000
Number disposed	-
Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	(1) $8,091.25 (2) $7,175.95

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change June W Crabb Ioma Pty Ltd (The Gemini Fund Account) Ragged Range Mining Pty Ltd The Crabb Superannuation Fund

10,430 12,696,539 750,000 1,000,000 1,250,000 1,500,000 1,500,000 6,022,923 6,621,272 ordinary shares. ordinary shares. unquoted options exercisable at 55 cents each on or before 26 November 2014. unquoted options exercisable at 28 cents each on or before 29 November 2015. unquoted options exercisable at 21 cents each on or before 27 November 2016. Unquoted options exercisable at 16 cents each on or before 27 November 2017. Unquoted options exercisable at 10 cents each on or before 31 October 2018. ordinary shares. ordinary 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

(1) and (2) on market trades.

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	‐
Name of registered holder (if issued securities)	‐

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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 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?	-
If prior written clearance was provided, on what date was this provided?	-

• See chapter 19 for defined terms.

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