PEPPERMINT INNOVATION LIMITED — Director's Dealing 2011

Dec 20, 2011

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	Chrysalis Resources Ltd
ABN	56 125 931 964

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	Neale Fong
Date of last notice	18/10/2011

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 relevantinterest.	Indirect holdings include:The Fong Superannuation FundRiverpalm Pty Ltd ATF NW Fong FamilyTrustMrs Peta Lee Fong
Date of change	20/12/2011
No. of securities held prior to change	Indirect Interests:a)The Fong Superannuation Fund (IndirectInterest)227,400 Ord shares50,000 Optionsb)Riverpalm Pty Ltd ATF NW Fong FamilyTrust (Indirect Interest)525,000 Ord shares350,000 Optionsc)Peta Lee Fong Ltd (Indirect Interest)50,000 Ord shares50,000 Optionsd)Direct Interest1,575,000 Ord shares50,000 Options

+ See chapter 19 for defined terms.

Class	Ordinary shares
Number acquired	1,475,000
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$73,750
No. of securities held after change	Indirect Interests:a)The Fong Superannuation Fund (IndirectInterest)752,400 Ord shares50,000 Optionsb)Riverpalm Pty Ltd ATF NW Fong FamilyTrust (Indirect Interest)1,450,000 Ord shares350,000 Optionsc)Peta Lee Fong Ltd (Indirect Interest)75,000 Ord shares50,000 Optionsd)Direct Interest1,575,000 Ord shares50,000 Options
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Issue of securities under nonrenounceable rights issue

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 whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A

+ See chapter 19 for defined terms.

Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 – +Closed period

Were the interests in the securities or contracts detailedabove traded during a +closed periodwhere prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

+ See chapter 19 for defined terms.