ZENITH MINERALS LIMITED — Director's Dealing 2018

Jan 1, 2018

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	Michael Joseph Clifford
Date of last notice	22 December 2017

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	Indirect interest in fully paid ordinary shares and quoted options; and Direct interest in unlisted options
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Cobalt Consulting Pty Ltd - Registered holder of fully paid ordinary shares. MJ Clifford is a director of Cobalt Consulting Pty Ltd; and Loredana InesClifford(Spouse).
Date of change	2 January 2018
No. of securities held prior to change	Indirect: 2,357,876 ordinary shares 4 quoted options exercisable at 10c, expiring 31 December 2017 (ZNCO) Direct: 1,350,000 Unlisted options exercisable at 16.1 cents, expiring29November 2019.
Class	Ordinary Shares
Number acquired	N/A
Number disposed	Expiry of 4 ZNCO quoted options exerciseable at 10 cents, expiring 31 December 2017

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	Indirect: 2,357,876 ordinary shares Direct: 1,350,000 Unlisted options exercisable at 16.1 cents, expiring 29 November 2019.
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 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.

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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.

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