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	Grant Kidner
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:Grant Kidner ATF RJK TrustLizrow Pty Ltd ATF Kidner TrustUltimo Catering & Events Pty Ltd
Date of change	20/12/2011

+ See chapter 19 for defined terms.

No. of securities held prior to change	a)	Indirect Interests:Grant Kidner ATF RJK Trust300,000 Ord shares80,000 Options
	b)	Lizrow Pty Ltd ATF Kidner Trust225,000 Ord shares1,250,000 Options
	c)	Kew Gardens Pty Ltd15,000 Ord shares10,000 Options
	d)	Ultimo Catering & Events Pty Ltd45,000 Ord shares600,000 Options
	e)	Direct Interests:1,875,000 Ord shares250,000 Options
Class		Ordinary Shares
Number acquired	1,121,724
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$56,086.20
No. of securities held after change	a)	Indirect Interests:Grant Kidner ATF RJK Trust500,000 Ord shares80,000 Options
	b)	Lizrow Pty Ltd ATF Kidner Trust946,724 Ord shares1,250,000 Options
	c)	Kew Gardens Pty Ltd15,000 Ord shares10,000 Options
	d)	Ultimo Catering & Events Pty Ltd245,000 Ord shares600,000 Options
	e)	Direct Interests:1,875,000 Ord shares250,000 Options

+ See chapter 19 for defined terms.

Nature of change	Issue of securities under non
Example: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation in	renounceable rights issue
buy-back

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 tochangeNote: Details are only required for a contract in relation to which the interest haschanged	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: 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 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.