MOUNT RIDLEY MINES LIMITED — Director's Dealing 2018

Nov 25, 2018

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 Mt Ridley Mines Ltd

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	Peter James Christie
Date of last notice	10 October 2018

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Waterbeach Investments Pty Ltd (“Waterbeach”) Evantage Pty Ltd (“Ëvantage”)
Date of change	20 November 2018
No. of securities held prior to change	(i) Waterbeach Investments Pty Ltd Family A/C> 10,665,268 fully paid ordinary shares 50,000,000 listed options exercisable at $0.0125 expiring 31/08/2019 1,000,000 unlisted options exercisable at $0.03 expiring 30/06/2019 (ii) Evantage Pty Ltd Fund A/C> 9,250,000 fully paid ordinary shares

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	(i) Fully paid ordinary shares (ii) Fully paid ordinary shares (iii) Free attaching options (ex 0.30c, exp 20/11/2022) (iv) Free attaching options (ex 0.30c, exp 20/11/2022)
Number acquired	(i) 3,555,090 (Waterbeach) (ii) 3,083,334 (Ëvantage) (iii) 1,777,545 (Waterbeach) (iv) 1,541,667 (Evantage)
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	(i) $3,555 (ii) $3,083 (iii) nil (iv) nil
No. of securities held after change	(i) Waterbeach Investments Pty Ltd Family A/C> 14,220,358 fully paid ordinary shares 50,000,000 listed options exercisable at $0.0125 expiring 31/08/2019 1,000,000 unlisted options exercisable at $0.03 expiring 30/06/2019 1,777,545 unlisted options exercisable at $0.003, expiring 20/11/2022 (ii) Evantage Pty Ltd Fund A/C> 12,333,334 fully paid ordinary shares 1,541,667unlisted options exercisable at $0.003, expiring 20/11/2022
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Rights Issue Subscription @ 0.10 cents with one for two free attaching Option

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	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

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?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

4 January 2017

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3