RED MOUNTAIN MINING LIMITED — Director's Dealing 2014

Feb 12, 2014

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 30/09/01 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	25 July 2013

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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	The securities are held by Michlange Pty Ltd . Mr Warburton is a Director and shareholder of Michlange Pty Ltd and a beneficiary of the trust.
Date of change	7 February 2014 (1,700,000 Ordinary Shares sold on market) 13 February 2014 (2,807,201 Listed Options exercised)

• 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	Direct 125,000 Ordinary Shares 75,000 Options exercisable at $0.20 expiring on 30 June 2014 Indirect 4,565,625 Ordinary Shares1 7,218,798 Ordinary Shares3 1,925,000 Ordinary Shares4 3,399,375 Options exercisable at $0.20 expiring on 30 June 20141 625,000 Ordinary Shares2 375,000 Options exercisable at $0.20 expiring on 30 June 20142 2,807,201 Listed Options exercisable at 1.5 cents on or before 30 June 20143 6,403,600 Listed Options exercisable at 3.0 cents on or before 30 June 20163 187,500 Listed Options exercisable at 1.5 cents on or before 30 June 20144 93,750 Listed Options exercisable at 3.0 cents on or before 30 June 20164 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 Warburton\ Family\ A/C>. Mr Warburton is a director and shareholder and beneficiary of the trust. 4. Held by Michlange Pty Ltd Super\ A/C>. Mr Warburton is a director and shareholder and beneficiary of the trust.
Class	Fully Paid Ordinary Shares
Number acquired	2,807,201 Fully Paid Ordinary Shares
Number disposed	1,700,000 Fully Paid Ordinary Shares 2,807,201 Listed Options, exercisable at $0.015 each on or before 30 June 2014.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Disposal of 1,700,000 Shares - $56,100.00 ($0.033 each) Exercise of 2,807,201 Options - $42,108.02 ($0.015 each)
No. of securities held after change	Direct 125,000 Ordinary Shares 75,000 Options exercisable at $0.20 expiring on 30 June 2014 Indirect 4,565,625 Ordinary Shares1 8,325,999 Ordinary Shares3 1,925,000 Ordinary Shares4 3,399,375 Options exercisable at $0.20 expiring on 30 June 20141 625,000 Ordinary Shares2 375,000 Options exercisable at $0.20 expiring on 30 June 20142 6,403,600 Listed Options exercisable at 3.0 cents on or before 30 June 20163 187,500 Listed Options exercisable at 1.5 cents on or before 30 June 20144 93,750 Listed Options exercisable at 3.0 cents on or before 30 June 20164 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 Warburton\ Family\ A/C>. Mr Warburton is a director and shareholder and beneficiary of the trust. 4. Held by Michlange Pty Ltd Super\ A/C>. Mr Warburton is a director and shareholder and beneficiary of the trust.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On-market trade for the disposal of 1,700,000 Fully Paid Ordinary Shares to fund the exercise of 2,807,201 Listed Options. Exercise of 2,807,201 Listed Options exercisable at $0.015 each on or before 30 June 2014.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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.

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Detail of contract N/A
Nature of interest
Name of registered holder
(if issued securities)
Date of change
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
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change
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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 trade to proceed during this period? If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011