ORBMINCO LIMITED — Director's Dealing 2012

Jun 5, 2012

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: Australian-American Mining Corporation Limited

ABN: 99 073 155 781

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	Mark Ceglinski
Date of last notice	23 April 2012

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- ordinary shares Direct- performance rights
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Bluerise Holdings Pty Ltd Account> Mark Ceglinski is a Director of Bluerise Holdings Pty Ltd
Date of change	6 June 2012

• 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		Indirect Bluerise Holdings Pty Ltd Account> 800,000 options exercisable at $0.50 and expiring 31 December 2012. Sunboat Investments Pty Ltd Fund A/C> 300,000 fully paid ordinary shares 732,000 options exercisable at $0.50 and expiring 31 December 2012. Direct 190,000 options exercisable at $0.50 and expiring 31 December 2012.
Class		Fully paid ordinary shares Performance rights
Number acquired		Ordinary shares- 2,000,000 Performance rights- 13,000,000
Number disposed		Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		Ordinary shares- issued for nil consideration upon conversion of performance rights Performance rights- nil
No. of securities held after change		Indirect Bluerise Holdings Pty Ltd Account> 2,000,000 fully paid ordinary shares; 800,000 options exercisable at $0.50 and expiring 31 December 2012. 13,000,000 performance rights Sunboat Investments Pty Ltd Fund A/C>, 300,000 fully paid ordinary shares; 732,000 options exercisable at $0.50 and expiring 31 December 2012. Direct 190,000 options exercisable at $0.50 and expiring 31 December 2012.

• See chapter 19 for defined terms.

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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	Shares- conversion of performance rights into ordinary shares following first performance hurdle being met. Performance rights- Grant of balance of performance rights approved by shareholders 28May2012

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

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

• See chapter 19 for defined terms.

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