RAGNAR METALS LIMITED — Director's Dealing 2016

Apr 10, 2016

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	DRAKE RESOURCES LIMITED
ABN	12 108 560 069

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	Brett Fraser
Date of last notice	3 December 2015

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.	Indirect1.Pinewood Asset Pty Ltd2.Tyler Street Holdings Pty Ltd3.WSG Capital Pty Ltd
Date of change	4 April 2016
No. of securities held prior to change	Direct150,000 Ordinary Shares90,000 Options 3 cents expiring 01/08/2017Indirect1.16,411,488 Ordinary Shares6,071,800 Options 3 cents expiring 01/08/20172.5,883,336 Ordinary Shares3,530,002 Options 3 cents expiring 01/08/20173.534,375 Ordinary Shares320,625 Options 3 cents expiring 01/08/2017
Class	Ordinary Shares

+ See chapter 19 for defined terms.

Number acquired	7,181,000 Ordinary Shares
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$0.002 per Share
No. of securities held after change	Direct196,875 Ordinary Shares90,000 Options 3 cents expiring 01/08/2017Indirect1.21,540,078 Ordinary Shares6,071,800 Options 3 cents expiring 01/08/20172.7,721,879 Ordinary Shares3,530,002 Options 3 cents expiring 01/08/20173.701,367 Ordinary Shares320,625 Options 3 cents expiring 01/08/2017
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Entitlement 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	-
Nature of interest	-
Name of registered holder	-
(if issued securities)
Date of change	-
No.andclass of securities to	-
which interest related prior to
changeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired	-
Interest disposed	-
Value/Consideration	-
Note: If consideration is non-cash, provide details andan estimated valuation
Interest after change	-

+ See chapter 19 for defined terms.

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?
If so, was prior written clearance provided to allow the	N/A
trade to proceed during this period?
If prior written clearance was provided, on what date was	N/A
this provided?

+ See chapter 19 for defined terms.

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	DRAKE RESOURCES LIMITED
ABN	12 108 560 069

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	Jay Stephenson
Date of last notice	3 December 2015

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	Indirect
(including registered holder)	1.Almamater Pty Ltd
Note: Provide details of the circumstances giving rise to the	2.Pazzia Pty Ltd
relevant interest.	3.Shares held by Spouse
	4.WSG Capital Pty Ltd
Date of change	4 April 2016
No. of securities held prior to change	Direct
	10,000 Ordinary Shares
	Indirect
	1.9,652,946 Ordinary Shares
	1,907,598 Options 3 cents expiring 01/08/2017
	2.1,332,500 Ordinary Shares
	322,500 Options 3 cents expiring 01/08/2017
	3.105,000 Ordinary Shares
	4.534,375 Ordinary Shares320,625 Options 3 cents expiring 01/08/2017

+ See chapter 19 for defined terms.

Class	Ordinary Shares and Options
Number acquired	3,635,884 Ordinary Shares
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$0.002 per Share
No. of securities held after change	Direct13,125 Ordinary SharesIndirect1.12,669,492 Ordinary Shares1,907,598 Options 3 cents expiring 01/08/20172.1,748,907 Ordinary Shares322,500 Options 3 cents expiring 01/08/20173.137,813 Ordinary Shares4.701,367 Ordinary Shares320,625 Options 3 cents expiring 01/08/2017
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participationin buy-back	Entitlement 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	-
Nature of interest	-
Name of registered holder(if issued securities)	-
Date of change	-
No. and class of securities to whichinterest related prior to changeNote: Details are only required for acontract in relation to which theinterest has changed	-
Interest acquired	-

+ See chapter 19 for defined terms.

Interest disposed	-
Value/ConsiderationNote: If consideration is non-cash,providedetailsandanestimatedvaluation	-
Interest after change	-

Part 3 – +Closed period

Were the interests in the securities or contracts detailed above	No
traded during a +closed period where prior written clearance
was required?
If so, was prior written clearance provided to allow the trade toproceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

+ See chapter 19 for defined terms.

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. Amended 01/01/11

Name of entity	DRAKE RESOURCES LIMITED
ABN	12 108 560 069

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	Robert Beeson
Date of last notice	11 April 2016

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 therelevant interest.Date of changeNo. of securities held prior to change	Indirect1.Beeson Superannuation Fund2.Spouse4 April 2016DirectNil
	Indirect1.13,841,055 Ordinary Fully Paid Shares1,907,598 Options 3 cents exp 01/08/20172.14,934 Ordinary Fully Paid Shares
Class	Ordinary Shares and Options
Number acquired	4,329,997 Ordinary Shares
Number disposed	Nil

+ See chapter 19 for defined terms.

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$0.002 per Share
No. of securities held after change	DirectNilIndirect1.18,166,385 Ordinary Fully Paid Shares1,907,598 Options 3 cents exp 01/08/20172.19,601 Ordinary Fully Paid Shares
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participationin buy-back	Entitlement 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	-
Nature of interest	-
Name of registered holder	-
(if issued securities)
Date of change	-
No.andclass of securities to	-
which interest related prior to
changeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired	-
Interest disposed	-
Value/Consideration	-
Note: If consideration is non-cash, provide details andan estimated valuation
Interest after change	-

+ See chapter 19 for defined terms.

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?
If so, was prior written clearance provided to allow the	N/A
trade to proceed during this period?
If prior written clearance was provided, on what date was	N/A
this provided?

+ See chapter 19 for defined terms.