STRIKE RESOURCES LIMITED — Director's Dealing 2012

Mar 12, 2012

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. Amended 01/01/11

Name of entity	Strike Resources Limited
ABN	94 088 488 724

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	Malcolm Richmond
Date of last notice	7/12/2007

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		Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevant interest.		Not applicable
Date of change	07/03/2012
No. of securities held prior to change	(1)(2)(3)	100,000 fully paid,ordinary shares600,000 07/03/2012,$2.788 options500,000 07/03/2012,
	(4)	$2.078 options600,000 03/12/2012,$3.978 options
Class	Options
Number acquired	Nil
Number disposed	(1)(2)	600,000 07/03/2012,$2.788 options500,000 07/03/2012,
		$2.078 options
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change		100,000 fully paid,ordinary shares
	(2)	600,000 03/12/2012,$3.978 options

+ See chapter 19 for defined terms

Nature of change

Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Expiry of options on their stated expiry date

Part 2 – Change of director's interests in contracts

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.

Details of contract	Not Applicable
Nature of interest	Not Applicable
Name of registered holder(if issued securities)	Not Applicable
Date of change	Not Applicable
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract inrelation to which the interest has changed	Not Applicable
Interest acquired	Not Applicable
Interest disposed	Not Applicable
Value/ConsiderationNote: If consideration is non-cash, providedetails and an estimated valuation	Not Applicable
Interest after change	Not Applicable

+ See chapter 19 for defined terms.

Part 3 – Closed period

Were the interests in the securities or contractsdetailed above traded during a closed period whereprior written clearance was required?	Not Applicable
If so, was prior written clearance provided to allow thetrade to proceed during this period?	Not Applicable
If prior written clearance was provided, on what datewas this provided?	Not Applicable

Signature of Director: ---------------------------------------------------------- Date: 13/03/2012

Malcolm Richmond