SUNSHINE METALS LIMITED — Director's Dealing 2009

Jun 3, 2009

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	Pelican Resources Limited
ABN	12063 388 821

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	Darryl Francis Lynton-Brown
Date of last notice	10 December 2008

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	Indirect
Nature of indirect interest	D F Lynton-Brown Pty Ltd (Director)
(including registered holder)
Note: Provide details of the circumstances giving
rise to the relevant interest.
Date of change	4 June 2009
No. of securities held prior to change	6,034,784 Ordinary fully paid shares
	1,000,000 Options exercisable at $0.25 before 31/12/11
	1,000,000 Options exercisable at $0.35 before 31/12/11
	500,000 Options exercisable at $0.10 before 31/12/11
	500,000 Options exercisable at $0.15 before 31/12/12
Class	Ordinary fully paid shares
	Options exercisable at $0.25 before 31/12/11
	Options exercisable at $0.35 before 31/12/11
Number acquired	2,500,000
Number disposed	Nil
Value/Consideration	$100,000
Note: If consideration is non-cash, provide details
and estimated valuation

• See chapter 19 for defined terms.

Appendix 3Y Page 1

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	8,534,784 Ordinary fully paid shares
	1,000,000 Options exercisable at $0.25 before 31/12/11
	1,000,000 Options exercisable at $0.35 before 31/12/11
	500,000 Options exercisable at $0.10 before 31/12/11
	500,000 Options exercisable at $0.15 before 31/12/12
Nature of change	Debt conversion
Example: on-market trade, off-market trade,
exercise of options, issue of securities under
dividend reinvestment plan, participation in buy-
back

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
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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001