Resolute Mining Limited — Director's Dealing 2017

Jul 27, 2017

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	John Paul Welborn
Date of last notice	28July2017

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 riseto the relevant interest.
Date of change	28July2017
No. of securities held prior to change	2,040,000 fully paid ordinary shares1,515,000Performance Rights with a vesting date of 30June 2018 (annual grant)564,000 Performance Rights with a vesting date of 30June 2019 (annual grant)400,000 Performance Rights with a vesting date of 30June 2018 (special grant)600,000 Performance Rights with a vesting date of 30June 2019 (special grant)1,000,000 Performance Rights with a vesting date of 30June 2020 (special grant)
Class	Fully paid ordinary shares
Number acquired	60,000

+ See chapter 19 for defined terms.

Number disposed	n/a
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	$62,309.85
No. of securities held after change	2,100,000fully paid ordinary shares1,515,000Performance Rights with a vesting date of 30June 2018(annual grant)564,000 Performance Rights with a vesting date of 30June 2019 (annual grant)400,000 Performance Rights with a vesting date of 30June 2018(special grant)600,000 Performance Rights with a vesting date of 30June 2019(special grant)1,000,000 Performance Rights with a vesting date of 30June 2020(special grant)
Nature of changeExample: on-market trade, off-market trade, exerciseof options, issue of securities under dividendreinvestment plan, participation in buy-back	Purchase of shares on market.

Part 2 – Change of director's interests in contracts

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

Part 3 – Closed Period

+ See chapter 19 for defined terms.

Were the interests in the securities orcontracts detailed above traded during aclosed period where prior written clearancewas required?	No
If so, was prior written clearance provided toallow the trade to proceed during thisperiod?	N/A
If prior written clearance was provided, onwhat date was this provided?	N/A

+ See chapter 19 for defined terms.