ZENITH MINERALS LIMITED — Director's Dealing 2017

Dec 21, 2017

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 30/09/01 Amended 01/01/11

Name of entity ZENITH MINERALS LIMITED

ABN 96 119 397 938

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	Stanley Allen Macdonald
Date of last notice	24 March 2016

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 interest
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Creekwood Nominees Pty Ltd SA Macdonald as a director of Creekwood Nominees Pty Ltd
Date of change	22 December 2017
No. of securities held prior to change	Direct: 2,156,520 ordinary shares; and 179,710 quoted options exercisable at 10c, expiring 31 December 2017 (ZNCO) Indirect: Creekwood Nominees Pty Ltd - 2,380,862 ordinary shares; and 57,254 quoted options exercisable at 10c, expiring 31 December 2017 (ZNCO)
Class	Ordinary shares

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	Direct: 179,710 ordinary shares through exercise of ZNCO quoted options Indirect: Creekwood Nominees Pty Ltd - 57,254 ordinary shares through exercise of ZNCO quoted options.
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$23,696.40
No. of securities held after change	Direct: S.A Macdonald - 2,336,230 ordinary shares; and Indirect: Creekwood Nominees Pty Ltd - 2,438,116 ordinary shares; and
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Exercise of ZNCO options

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 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

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

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 3