MARVEL GOLD LIMITED — Director's Dealing 2017

Aug 17, 2017

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: GRAPHEX MINING LIMITED ABN: 77 610 319 769

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	Phil Hoskins
Date of last notice	9 June 2016 (Appendix 3X)

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.

be disclosed in this part.
Direct or indirect interest	DirectIndirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Phil Hoskins Pty Ltd <Phil & Nicole HoskinsS/F>
Date of change	11 August 2017

• 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 prior to change	Direct
	•	715,000 Unquoted Options with a nil
		exercise price, expiring 9 June 2021, one
		third vesting on each of 1 July 2017, 1
		July 2018 and 1 July 2019, conditional
		uponachievementofkeyproject
		milestones and subject to an escrow
		period to 14 June 2018.
	•	520,000 Unquoted Options with a nil
		exercise price, expiring 9 June 2019,
		vesting on 1 July 2017, conditional upon
		performance against KPIs and subject to
		an escrow period to 14 June 2018.
	•	350,000 Unquoted Options exercisable at
		$0.20, expiring 9 June 2019 and subject
		to an escrow period to 14 June 2018.
	•	56,554 Fully Paid Ordinary Shares
		subject to an escrow period to 14 June
		2018.
	Indirect
	•	310,444 Fully Paid Ordinary Shares, of
		which 60,444 are subject to an escrow
		period to 14 June 2018.
	•	83,333 Loyalty Options, exercisable at
		$0.25 each, expiring 9 June 2019.
Class	Indirect:	Unquoted Options
Number acquired	N/A
Number disposed	238,333	Unquoted Options with a nil exercise
		price, expiring 9 June 2021
	260,000	Unquoted Options with a nil exercise
		price, expiring 9 June 2019
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and estimated
valuation

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Direct
	•	476,667 Unquoted Options with a nil
		exercise price, expiring 9 June 2021,
		238,333 vesting on 1 July 2018 and
		238,334 vesting on 1 July 2019,
		conditional upon achievement of key
		project milestones and subject to an
		escrow period to 14 June 2018.
	•	260,000 Unquoted Options, with a nil
		exercise price, expiring 14 June 2019
		and subject to an escrow period to 14
		June 2018.
	•	350,000 Unquoted Options exercisable at
		$0.20, expiring 9 June 2019 and subject
		to an escrow period to 14 June 2018.
	•	56,554 Fully Paid Ordinary Shares
		subject to and subject to an escrow
		period to 14 June 2018.
	Indirect
	•	310,444 Fully Paid Ordinary Shares, of
		which 60,444 are subject to an escrow
		period to 14 June 2018.
	•	83,333 Loyalty Options, exercisable at
		$0.25 each, expiring 9 June 2019.
Nature of change	Lapse of Unquoted Options
Example: on-market trade, off-market trade, exercise of options,
issue of 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.

	b dild i hi
	e scose n ts part.
	Detail of contract		N/A
	Nature of interest
	Name of registered(if issued securitie	holders)
	Date of change
	No. and class of sinterest related pri	ecurities to whichor to change
	Note: Details are only rerelation to which the inter	quired for a contract inest has changed
	Interest acquired
	Interest disposed

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

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	Part 3 –+Closed period	Part 3 –+Closed period	Part 3 –+Closed period	Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?					No
	learance was required?
Ift	so, was prior written co proceed during this pe		learance provided triod?	o allow the trade		N/A
Ifp	prior written clearancerovided?		was provided, on w	hat date was this		N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011