ORA BANDA MINING LTD — Director's Dealing 2019

Jul 11, 2019

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	Ora Banda Mining Ltd
ABN	67 100 038 266

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 David Quinlivan

Date of last notice 14 June 2019

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.	DF & TM Quinlivan - D. Quinlivan is a trustee and beneficiary of the account.
Date of change	11 July 2019

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Borden Holdings Pty Ltd - D. Quinlivan is a Director of the holder and beneficiary of the account. 666,667 fully paid ordinary shares (Post- consolidation) DF & TM Quinlivan -trustee and beneficiary of the account. 256,667 Remuneration Options (Post- consolidation) 1,185,185 Incentive Options (Post- consolidation) 2,000,000 Performance Options (Post- consolidation) * Note – consolidated 15:1 on 20 June 2019 following consolidation approved on 7 June 2019.
Class	Fully paid ordinary shares.
Number acquired	700,000 fully paid ordinary shares.
Number disposed	700,000 Performance Options.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil consideration.
No. of securities held after change	Borden Holdings Pty Ltd - D. Quinlivan is a Director of the holder and beneficiary of the account. 666,667 fully paid ordinary shares. DF & TM Quinlivan -trustee and beneficiary of the account. 700,000 fully paid ordinary shares. 256,667 Remuneration Options. 1,185,185 Incentive Options. 1,300,000 Performance Options.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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	Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Fully paid ordinary shares issued following vesting and exercise of 700,000 Performance Options as approved by shareholders on 7 June 2019. Further terms and conditions including vesting conditions and KPIs of these Options are included in the Notice of General Meeting released to ASX on 30 April 2019.
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
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 No above traded during a[+] closed period where prior written clearance was required?

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011