RED MOUNTAIN MINING LIMITED — Director's Dealing 2014

Jul 1, 2014

ASX ANNOUNCEMENT RED MOUNTAIN MINING LTD (ASX:RMX) 2 July 2014

REPLACEMENT APPENDIX 3Y

The Company provides this replacement Appendix 3Y "Change in Director's Interest Notice" on behalf of Mr Neil Warburton. The following document replaces the Appendix 3Y lodged on 1 July 2014 which was incorrect.

_____________________________________________________________________________________________________________________________

For further information about Red Mountain please visit www.redmm.com.au or contact:

Company Investors Media Jon Dugdale Matt Birney Managing Director Birney Corporate (+61) 402 298 026 (+61) 419 217 090 (+61) 8 9226 5668 (+61)8 9226 5668

E: jon.dugdale@redmm.com.au E: matt@birneycorporate.com.au _____________________________________________________________________________________________________________________________

ASX code: RMX COMPANY DIRECTORS CONTACT DETAILS Non-Executive Chairman Non-Executive Director Head Office

ABN 40 119568106 Neil Warburton Michael Wolley RED MOUNTAIN MINING LTD Jon Dugdale Shannon Coates Unit 1, 2 Richardson Street Managing Director Company Secretary West Perth Western Australia 6005 www.redmm.com.au info@redmm.com.au

Appendix 3Y

Rule 3.19A.2

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 Red Mountain Mining Ltd
ABN 40 119 568 106

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	Neil Fredrick Warburton
Date of last notice	13February 2014

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	The securities are held by Michlange Pty Ltd
(including registered holder)	.
Note: Provide details of the circumstances giving rise to the relevantinterest.
	Mr Warburton is a Director and shareholder
	of Michlange Pty Ltd and a beneficiary of the
	trust.
Date of change	1July2014

+ See chapter 19 for defined terms.

No. of securities held prior to change	Direct125,000 Ordinary Shares75,000 Options exercisable at $0.20 expiringon 30 June 2014Indirect
	Ordinary Shares14,565,6258,325,999 Ordinary Shares3Ordinary Shares41,925,000
	3,399,375Optionsexercisableat$0.20expiring on 30 June 20141625,000 Ordinary Shares2
	375,000Optionsexercisableat$0.20expiring on 30 June 201426,403,600Listed Options exercisable at 3.0
	cents on or before 30 June 20163187,500Listed Options exercisable at 1.5cents on or before 30 June 20144
	93,750Listed Options exercisable at 3.0cents on or before 30 June 201641,500,000ClassAPerformanceRightsconvertible to Shares on or before 18 November2016, subject to vesting conditions ($0.05 shareprice and 12 months continued service from grant
	date) 42,250,000ClassBPerformanceRightsconvertible to Shares on or before 18 November2017, subject to vesting conditions ($0.10 shareprice and 24 months continued service from grantdate) 4
	2,250,000 Class C Performance Rights convertibleto Shares on or before 18 November 2018, subjectto vesting conditions ($0.15 share price and 36months continued service from grant date)4
	1.Held by Michlange Pty Ltd of whichMr Warburton is a director andshareholder.2.Held by Australian Beijing Holdings
	Pty Ltd of which Mr Warburton is adirector and shareholder.3.Held by Michlange Pty Ltd<nfWarburtonFamilyA/C>.MrWarburtonisadirectorandshareholder and beneficiary of the</nf
	trust.4.HeldbyMichlangePtyLtd<warburtonSuperA/C>.MrWarburtonisadirectorandshareholder and beneficiary of thetrust.</warburton

+ See chapter 19 for defined terms.

Class	Listed Options exercisable at 1.5 cents on orbefore 30 June 2014.Unlisted Options exercisable at $0.20expiring on 30 June 2014.
Number acquired	Nil
Number disposed	187,500ListedOptionsand3,849,375Unlisted Options.
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Nil

+ See chapter 19 for defined terms.

No. of securities held after change	Direct
	125,000 Ordinary Shares
	Indirect
	Ordinary Shares14,565,625
	Ordinary Shares38,325,999
	Ordinary Shares41,925,000
	625,000 Ordinary Shares2
	6,403,600Listed Options exercisable at 3.0
	cents on or before 30 June 20163
	93,750Listed Options exercisable at 3.0
	cents on or before 30 June 20164
	1,500,000ClassAPerformanceRights
	convertible to Shares on or before 18 November
	2016, subject to vesting conditions ($0.05 share
	price and 12 months continued service from grant
	date) 4
	2,250,000ClassBPerformanceRights
	convertible to Shares on or before 18 November
	2017, subject to vesting conditions ($0.10 share
	price and 24 months continued service from grant
	date) 4
	2,250,000 Class C Performance Rights convertible
	to Shares on or before 18 November 2018, subjectto vesting conditions ($0.15 share price and 36
	months continued service from grant date)4
	1.Held by Michlange Pty Ltd of which
	Mr Warburton is a director and
	shareholder.
	2.Held by Australian Beijing Holdings
	Pty Ltd of which Mr Warburton is a
	director and shareholder.
	3.Held by Michlange Pty Ltd<nf< th=""></nf<>
	WarburtonFamilyA/C>.Mr
	Warburtonisadirectorand
	shareholder and beneficiary of the
	trust.
	4.HeldbyMichlangePtyLtd
	<warburtonSuperA/C>.Mr</warburton
	Warburtonisadirectorand
	shareholder and beneficiary of the
	trust.
Nature of change	187,500ListedOptionsand3,849,375
Example: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Unlisted Options lapsed unexercised.

+ See chapter 19 for defined terms.

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
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 a contract in relationto which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation
Interest after change

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?
If prior written clearance was provided, on what date was thisprovided?

+ See chapter 19 for defined terms.