UNION STAR METALS LTD — Director's Dealing 2014

Sep 3, 2014

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SOUTH AMERICA’S EMERGING PRECIOUS AND BASE METALS EXPLORER

Promesa Limited

Office Address

Suite 7 | 55 Hampden Rd, Nedlands, WA 6009 Australia

ASX ANNOUNCEMENT

4 September 2014

CORRECTION of APPENDIX 3Y

Promesa Ltd (“Promesa” or the “Company) advises that the Change of Director’s Interest Notice lodged earlier today for Mr Kathiravelu contained an error. Mr Kathiravelu was issued 600,000 ordinary shares after taking up his full entitlement under the Share Purchase Plan, and not 150,000 as incorrectly shown in the “Number Acquired” box.

All other information, including the totals shown for his interests, were correct as shown.

An amended Appendix 3b is appended below.

P: +61 8 9389 8884 F: +61 8 6389 0576

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For or on behalf of Promesa Ltd

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Damon Sweeny

Company Secretary

Contact

Ananda Kathiravelu Executive Director E: ananda@promesa.com.au M: +61 412 036 789

Michael Sebbag Executive Technical Director E: michael@promesa.com.au M: +61 407 703 899

ASX:PRA | PROMESA.COM.AU

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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 PROMESA LIMITED ABN 36 124 541 466

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	ANANDA KATHIRAVELU
Date of last notice	8 February 2013

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 and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Fcc Equities Pty Ltd Ananda Kathiravelu is a Director of the Company Nandak Pty Ltd Ananda Kathiravelu is a Director of the Company Mr Milo Kathiravelu Son of Director Miss Jaspa Kathiravelu Daughter of Director Ferro Ltd Ananda Kathiravelu is a Director of the Company Fcc Shares Pty Ltd Ananda Kathiravelu is a Director of the Company
Date of change	29 August 2014

• See chapter 19 for defined terms.

Appendix 3Y Page 0

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	696,672 Ord Shares held by the following registered holders:  13,334 Fcc Equities Pty Ltd  13,334 Nandak Pty Ltd  13,334 Mr Milo Kathiravelu  13,334 Miss Jaspa Kathiravelu  13,334 Ferro Ltd  13,334 Fcc Shares Pty Ltd  616,668 Ananda Kathiravelu 1,500,000 Director options expiring 31 December 2013 exercisable at $0.20:  1,500,000 Ananda Kathiravelu
Class	Ordinary Shares
Number acquired	600,000 Ordinary Shares
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$15,000

• See chapter 19 for defined terms.

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

	No. of securities held after change	1,296,672 Ord Shares held by the following registered holders:  13,334 Fcc Equities Pty Ltd  13,334 Nandak Pty Ltd  13,334 Mr Milo Kathiravelu  13,334 Miss Jaspa Kathiravelu  13,334 Ferro Ltd  13,334 Fcc Shares Pty Ltd  1,216,668 Ananda Kathiravelu
	Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Full entitlement in Share Purchase Plan

Part 2 – Change of director’s interests in contracts

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.

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

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?
If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2