Resolute Mining Limited — Director's Dealing 2017

Nov 5, 2017

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 30/9/2001.

Name of entity RESOLUTE MINING LIMITED ABN 39 097 088 689

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	Mr John Paul Welborn
Date of last notice	23 October 2017

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

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	31 October 2017
No. of securities held prior to change	911,478 fully paid ordinary shares 1,515,000 Performance Rights with a vesting date of 30 June 2018 (annual grant) 564,000 Performance Rights with a vesting date of 30 June 2019 (annual grant) 400,000 Performance Rights with a vesting date of 30 June 2018 (special grant) 600,000 Performance Rights with a vesting date of 30 June 2019 (special grant) 1,000,000 Performance Rights with a vesting date of 30 June 2020 (special grant)
Class	Fully paid ordinary shares
Number acquired	1,218,522
Number disposed	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil - 1,218,522 Resolute shares were transferred to Mr Welborn pursuant to the terms of a confidential and without admissions Deed of Settlement and Release.
No. of securities held after change	2,130,000 fully paid ordinary shares 1,515,000 Performance Rights with a vesting date of 30 June 2018 (annual grant) 564,000 Performance Rights with a vesting date of 30 June 2019 (annual grant) 400,000 Performance Rights with a vesting date of 30 June 2018 (special grant) 600,000 Performance Rights with a vesting date of 30 June 2019 (special grant) 1,000,000 Performance Rights with a vesting date of 30 June 2020 (special grant)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Subject to the terms of a confidential and without admissions Deed of Settlement and Release, 1,218,522 Resolute shares have been transferred to Mr Welborn.

Part 2 – Change of director’s interests in contracts

Detail of contract	Confidential and without admissions Deed of Settlement and Release
Nature of interest	Direct
Name of registered holder (if issued securities)	Mr John Paul Welborn
Date of change	31 October 2017
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	1,218,522 fully paid ordinary shares.
Interest acquired	N/A
Interest disposed	Subject to the terms of a confidential and without admissions Deed of Settlement and Release, 1,218,522 Resolute shares have been transferred to Mr Welborn.
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	Nil
Interest after change	Subject to the terms of a confidential and without admissions Deed of Settlement and Release, 1,218,522 Resolute shares have been transferred to Mr Welborn.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

Part 3 – Closed Period

Were the interests in the securities or Yes contracts detailed above traded during a closed period where prior written clearance was required? If so, was prior written clearance provided to Yes, in accordance with Resolute’s Securities Trading allow the trade to proceed during this Policy, written approval for Mr Welborn to enter into period? the confidential and without admissions Deed of Settlement and Release and for the transfer of 1,218,522 Resolute shares to Mr Welborn was received from the Chairman prior to execution of the deed. If prior written clearance was provided, on 19 October 2017 what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 3