RED MOUNTAIN MINING LIMITED — Director's Dealing 2015

Jul 1, 2015

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	11 February 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	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 each of the trust.
Date of change	1 July 2015

• 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 187,500 Ordinary Shares 15,625 Listed Options exercisable at 1.2 cents each on or before 31 March 2016 15,625 Listed Options exercisable at 0.6 cents each on or before 30 June 2016 Indirect 6,848,437 Ordinary Shares1 12,488,997 Ordinary Shares3 2,718,750 Ordinary Shares4 625,000 Ordinary Shares2 6,403,600 Listed Options exercisable at 3.0 cents on or before 30 June 20163 93,750 Listed Options exercisable at 3.0 cents on or before 30 June 20164 570,703 Listed Options exercisable at 1.2 cents each on or before 31 March 20161 570,703 Listed Options exercisable at 0.6 cents each on or before 30 June 20161 1,040,749 Listed Options exercisable at 1.2 cents each on or before 31 March 20163 1,040,749 Listed Options exercisable at 0.6 cents each on or before 30 June 20163 240,625 Listed Options exercisable at 1.2 cents each on or before 31 March 20164 240,625 Listed Options exercisable at 0.6 cents each on or before 30 June 20164 1,500,000 Class A Performance Rights convertible to Shares on or before 18 November 2016, subject to vesting conditions (5 cent share price and 12 months continued service from grant date)4; 2,250,000 Class B Performance Rights convertible to Shares on or before 18 November 2017, subject to vesting conditions (10 cent 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, subject to vesting conditions (15 cent 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 Family A/C>. Mr Warburton is a director and shareholder and beneficiary of the trust.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

	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	625,000 Fully Paid Ordinary Shares (transferred between entities associated with Mr Warburton)
Number disposed	625,000 Fully Paid Ordinary Shares (transferred between entities associated with Mr Warburton)
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.0035 per Share
No. of securities held after change	Direct 187,500 Ordinary Shares 15,625 Listed Options exercisable at 1.2 cents each on or before 31 March 2016 15,625 Listed Options exercisable at 0.6 cents each on or before 30 June 2016 Indirect 6,848,437 Ordinary Shares1 13,113,997 Ordinary Shares2 2,718,750 Ordinary Shares3 6,403,600 Listed Options exercisable at 3.0 cents on or before 30 June 20162 93,750 Listed Options exercisable at 3.0 cents on or before 30 June 20163 570,703 Listed Options exercisable at 1.2 cents each on or before 31 March 20161 570,703 Listed Options exercisable at 0.6 cents each on or before 30 June 20161 1,040,749 Listed Options exercisable at 1.2 cents each on or before 31 March 20162 1,040,749 Listed Options exercisable at 0.6 cents each on or before 30 June 20162 240,625 Listed Options exercisable at 1.2 cents each on or before 31 March 20163 240,625 Listed Options exercisable at 0.6 cents each on or before 30 June 20163 1,500,000 Class A Performance Rights convertible to Shares on or before 18 November 2016, subject to vesting conditions (5 cent share price and 12 months continued service from grant date)3; 2,250,000 Class B Performance Rights convertible to Shares on or before 18 November 2017, subject to vesting conditions(10cent shareprice and 24

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

• months continued service from grant date)[3] 2,250,000 Class C Performance Rights convertible to Shares on or before 18 November 2018, subject to vesting conditions (15 cent share price and 36 months continued service from grant date)[3] . 1. Held by Michlange Pty Ltd of which Mr Warburton is a director and shareholder.

• 1. Held by Michlange Pty Ltd . Mr Warburton is a director and shareholder and beneficiary of the trust.
• 1. Held by Michlange Pty Ltd . Mr Warburton is a director and shareholder and beneficiary of the trust.

Nature of change Shares transferred from Australian Beijing Example: on-market trade, off-market trade, exercise of options, Holdings Pty Ltd to Michlange Pty Ltd , entities associated with Mr Warburton, in an off-market transfer.

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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• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
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.

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