SUNSTONE METALS LTD — Director's Dealing 2015

Apr 27, 2015

Appendix 3Z

Rule 3.19A.3

Final 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	AVALON MINERALS LIMITED
ABN	68 123 184 412

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Paul Niardone
Date of last notice	3 March 2015
Date that director ceased to be director	28 April 2015

Part 1 – Director's relevant interests in securities of which the director is the registered holder 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.

Number & class of securities

141,334 shares 280,000 unlisted options (exercisable at 50 cents each, expiry 30/09/15) 350,000 Performance Rights, comprising: 140,000 PR's vesting when share price reaches $1.20 and 210,00 PR's when share price reaches $3.00 (these rights lapse following director ceasing role)

+ See chapter 19 for defined terms.

Part 2 – Director's relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interestNote: Provide details of the circumstances giving rise tothe relevant interest	Number & class of securities
Mr Niardone is a director of TrindisP/L	20,000 shares

Part 3 – Director's interests in contracts

Detail of contract	N/A
Nature of interest
Name of registered holder(if issued securities)
No. and class of securities to whichinterest relates

+ See chapter 19 for defined terms.