MOUNT RIDLEY MINES LIMITED — Director's Dealing 2010

Aug 30, 2010

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 AXG Mining Limited

ABN 93 092 304 964

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	Roland Berzins
Date of last notice	5 April 2007

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	Direct	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Roland Holger and Carol Maree Berzins	Roland Berzins < A/c Julian Berzins>
Date of change	31 August 2010	31 August 2010
No. of securities held prior to change	(a) 210,000 (b) 290,000	(a) 100,000 (b) 50,000
Class	(a) Ordinary (b) Options	(a) Ordinary (b) Option
Number acquired	(a) Nil (b) Nil	(a) Nil (b) Nil
Number disposed	(a) Nil (b) 290,000l	(a) Nil (b) 50,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	(a) N/A (b) Expired	(a) N/A (b) Expired
No. of securities held after change	(a) 210,000 (b) Nil	(a) 100,000 (b) Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	(a) N/A (b) Options exerciseable at $0.20 expired 31 August 2010	(a) N/A (b) Options exerciseable at $0.20 expired 31 August 2010

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	N/A
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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

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 AXG Mining Limited

ABN 93 092 304 964

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	Alex Bajada
Date of last notice	12 April 2007

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Spartan Nominees Pty Ltd ( Mr Bajada is a director of Spartan Nominees Pty Ltd)
Date of change	31 August 2010
No. of securities held prior to change	(a) 250,000 (b) 125,000
Class	(a) Ordinary (b) Option
Number acquired	(a) Nil (b) Nil
Number disposed	(a) Nil (b) 125,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	(a) N/A (b) Expired
No. of securities held after change	(a) 250,000 (b) Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 3

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Appendix 3Y Change of Director’s Interest Notice

Nature of change (a) N/A Example: on-market trade, off-market trade, exercise of options, issue of (b) Options exerciseable at $0.20 securities under dividend reinvestment plan, participation in buy-back expired 31 August 2010

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	N/A
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

• See chapter 19 for defined terms.

Appendix 3Y Page 4

11/3/2002

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 AXG Mining Limited

ABN 93 092 304 964

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 Sklenka
Date of last notice	12 April 2007

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Formaine Pty Ltd ( Mr Sklenka is a director of Formaine Pty Ltd)
Date of change	31 August 2010
No. of securities held prior to change	(c) 1,666,667 (d) 1,500,000
Class	(c) Ordinary (d) Option
Number acquired	(c) Nil (d) Nil
Number disposed	(c) Nil (d) 1,500,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	(c) N/A (d) Expired
No. of securities held after change	(c) 1,666,667 (d) Nil

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Nature of change (c) N/A Example: on-market trade, off-market trade, exercise of options, issue of (d) Options exerciseable at $0.20 securities under dividend reinvestment plan, participation in buy-back expired 31 August 2010

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	N/A
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

• See chapter 19 for defined terms.

Appendix 3Y Page 6

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