REDSTONE RESOURCES LIMITED — Director's Dealing 2016

Feb 28, 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 REDSTONE RESOURCES LTD
ABN	42 090 169 154

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	Edward van Heemst
Date of last notice	7 January 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	Indirect Interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Shareholder of Troyward Pty LtdTrustee and beneficiary of:Edward van Heemst and Marilyn van Heemst
Date of change	28 February 2016

+ See chapter 19 for defined terms.

No. of securities held prior to change
Troyward Pty Ltd	Indirect Interest
Edward van Heemst and Marilyn van Heemst	155,000$0.20ListedOptions(RDSO) exercisable any time on orbefore 28 February 201644,846,113 Ordinary Shares1,500,000 $0.20 Unquoted Optionsexercisable any time on or before 4December 20172,033,666$0.20ListedOptions(RDSO) exercisable any time on orbefore 28 February 20168,644,446 Listed Options (RDSOA)exercisable any time on or before 3July 2017
Class	Listed Options (RDSO) - exercisable at $0.20on or before 28 February 2016
Number acquiredEdward van Heemst and Marilyn van Heemst	Nil
Number disposedTroyward Pty Ltd	155,000 Listed Options (RDSO)
Edward van Heemst and Marilyn van Heemst	2,033,666 Listed Options (RDSO)
Value/ConsiderationNote: If consideration is non‐cash, provide details and estimatedvaluation	Nil
No. of securities held after change	Indirect Interest
Edward van Heemst and Marilyn van Heemst	44,846,113 Ordinary Shares1,500,000 $0.20 Unquoted Optionsexercisable any time on or before 4December 20178,644,446 Listed Options (RDSOA)exercisable any time on or before 3July 2017
Nature of changeExample: on‐market trade, off‐market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy‐back	ExpiryofunexercisedListedOptions(RDSO)

+ 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	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details andan 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 period where prior written	No
clearance was required?
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.

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 REDSTONE RESOURCES LTD
ABN	42 090 169 154

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	Richard Homsany
Date of last notice	7 January 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	Indirect Interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Trustee and beneficiary:Richard and Rosa Diana Marisa Homsany
	Beneficiary and sole director & shareholder:
	Cardinals Corporate Pty Ltd
Date of change	28 February 2016

+ See chapter 19 for defined terms.

No. of securities held prior to change	Indirect Interest
Richard and Rosa Diana Marisa HomsanyCardinals Corporate Pty Ltd	700,000 Ordinary Shares500,000 Unquoted optionsexercisable at $0.20 on or before 4December 2017.30,272,957 Ordinary Shares1,183,665 $0.20 Listed Options(RDSO) exercisable any time on orbefore 28 February 201611,162,252 $0.03 Listed Options(RDSOA) exercisable any time on orbefore 31 July 2017
Class	Listed Options (RDSO) - options exercisableat $0.20 on or before 28 February 2016
Number acquired	Nil
Number disposedCardinals Corporate Pty Ltd	1,183,665 Listed Options (RDSO)
Value/ConsiderationNote: If consideration is non‐cash, provide details and estimatedvaluation	Nil
No. of securities held after change	Indirect Interest
Richard and Rosa Diana Marisa Homsany	700,000 Ordinary Shares500,000 Unquoted optionsexercisable at $0.20 on or before 4December 2017.
Cardinals Corporate Pty Ltd	30,272,957 Ordinary Shares11,162,252 $0.03 Listed Options(RDSOA) exercisable any time on orbefore 31 July 2017
Nature of changeExample: on‐market trade, off‐market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy‐back	ExpiryofunexercisedListedOptions(RDSO)

+ 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	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation	N/A
Interest after change	N/A

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

+ See chapter 19 for defined terms.