MAGNETITE MINES LIMITED. — Director's Dealing 2016

Dec 1, 2016

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	MAGNETITE MINES 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.

Name of Director	Gordon L Toll
Date of last notice	27/11/2015

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 therelevant interest.	Relevant interests arise by virtue of the power tocontrol the voting rights attached to the securitiesof the entities.
Date of change	1/12/2016
No. of securities held prior to changeGordon L TollCoffee House Group Limited	10,000,000 Unquoted options exercisable at 2cents each on or before 26November 2020.78,476,509ordinary shares.
Class	(1) Unquoted options exercisable at 2 centseach on or before 30 November 2021;(2) Unquoted options exercisable at 1.7 centseach on or before 30 November 2021;(3) Unquoted options exercisable at 4.4 centseach on or before 30 November 2021; and(4) Unquoted options exercisable at 3.7 centseach on or before 30 November 2021.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquiredGordon L Toll	Number acquiredGordon L Toll	Number acquiredGordon L Toll	Number acquiredGordon L Toll	(1) 10,000,000;(2) 10,000,000;(3) 10,000,000; and(4) 10,000,000.-(1) to (4) The options were issued for no
Number disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation
				consideration.
No. of securities held after changeGordon L TollCoffee House Group Limited
	f securities held after change
				10,000,000 Unquoted options exercisable at 2cents each on or before 26November 2020.
				10,000,000 Unquoted options exercisable at 2cents each on or before 30
				November 2021.
				10,000,000 Unquoted options exercisable at 1.7cents each on or before 30November 2021.
				10,000,000 Unquoted options exercisable at 4.4cents each on or before 30
				November 2021.10,000,000 Unquoted options exercisable at 3.7cents each on or before 30
	ee House Group Limited			November 2021.78,476,509 ordinary shares.
				Issue of directors options approved byshareholders at Annual General Meeting.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back

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	-

• 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 whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	-
Interest acquired	-
Interest disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	-
Interest after change	-

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above No. traded during a[+] closed period where prior written clearance was required? 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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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	MAGNETITE MINES 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.

Name of Director	Peter James Schubert
Date of last notice	17/12/2015

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 therelevant interest.	Relevant interests arise by virtue of the power tocontrol the voting rights attached to the securitiesof the entities.
Date of change	1/12/2016
No. of securities held prior to changeThe Schubert Family AccountThe Schubert Super Fund No 2 Account	15,025,000ordinary shares.5,966,129ordinary shares.
Class	Unquoted options exercisable at 2 cents each onor before 30 November 2021
Number acquiredThe Schubert Family Account	10,000,000
Number disposed	-

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide detailsand estimated valuation	The options were issued for no consideration.
No. of securities held after changeThe Schubert Family AccountThe Schubert Super Fund No 2Account	15,025,000ordinary shares.10,000,000Unquoted options exercisable at 2 centseach on or before 30 November 2021.5,966,129ordinary shares.
Nature of changeExample: on-market trade, off-market trade, exerciseof options, issue of securities under dividendreinvestment plan, participation in buy-back	Issue of directors options approved byshareholders at Annual General Meeting.

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)	-
Date of change	-
No. and class of securities towhich interest related prior tochangeNote: 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

Were the interests in the securities or contracts detailed above No. traded during a[+] closed period where prior written clearance was required? 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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