MGX RESOURCES LIMITED — Director's Dealing 2016

Jun 26, 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 Mount Gibson Iron Limited ABN 87 008 670 817

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	Lee Seng Hui
Date of last notice	23 June 2016

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

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	This Appendix 3Y relates to ordinary shares inMount Gibson Iron Limited (“MGI”) in whichMr Lee is deemed to have acquired a relevantinterest pursuant to section 608(3) of theCorporations Act.Mr Lee is a trustee of The Lee and Lee Trustwhich owns approximately 73.91% of the sharesin Allied Group Limited (“AGL”).Allied Properties Investments (1) CompanyLimited (“APICL”), an indirect subsidiary of AGL,owns 2,246,282,100 shares in APAC ResourcesLimited (“APAC”), representing approximately24.43% of the total issued share capital of APAC.On 22 June 2016 APAC acquired an additionalrelevant interest in 8,504,032 ordinary shares inMGI, taking its total relevant interest to307,047,374 ordinary shares being 28.14% ofMGI’s shareholding.On 23 June 2016 APAC acquired an additionalrelevant interest in 16,733,374 ordinary shares inMGI, taking its total relevant interest to323,780,748 ordinary shares being 29.67% ofMGI’s shareholding.Accordingly Mr Lee has acquired an additionaldeemed relevant interest in 25,237,406 ordinaryshares in MGI under section 608(3) of theCorporations Act.
Date of change	22 and 23 June 2016
No. of securities held prior to change	Deemed relevant interest in 298,543,342 ordinaryshares in MGI under section 608(3) of theCorporations Act.
Class	Ordinary
Number acquired	Deemed relevant interest in 25,237,406 ordinaryshares in MGI under section 608(3) of theCorporations Act.
Number disposed	None
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$0.25 per share

• 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	Deemed relevant interest in 323,780,748 orshares in MGI under section 608(3)Corporations Act.	dinaryof the
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	On-market acquisition by APAC ResCapital Limited resulting in Mr Lee acquideemed relevant interest in 25,237,406 orshares in MGI held by APAC under sectionof the Corporations Act.	ourcesring adinary608(3)

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 Nature of interest Name of registered holder (if issued securities) 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	No
above traded during a+closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the trade	N/A
to proceed during this period?
If prior written clearance was provided, on what date was this	N/A
provided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3