ZENITH MINERALS LIMITED — Director's Dealing 2019

Feb 7, 2019

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	1stOctober 2018

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 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	8thFebruary 2019
No. of securities held prior to change	Indirect: 2,357,876 ordinary shares Direct: 1,350,000 Unlisted options exercisable at 16.1 cents, expiring 29 November 2019. 1,000,000 Unlisted options exercisable at 18 cents, expiring 28 September 2021.
Class	Ordinary Shares
Number acquired	Indirect: 100,000 ordinary Fully Paid Shares
Number disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$6,730.00

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

Indirect: 2,457,876 ordinary shares Direct: 1,350,000 Unlisted options exercisable at 16.1 cents, expiring 29 November 2019. 1,000,000 Unlisted options exercisable at 18 cents, expiring 28 September 2021.

Nature of change On market trade 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

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.

==> picture [434 x 307] intentionally omitted <==

----- Start of picture text -----

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
----- End of picture text -----

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a[+] closed period where prior written No clearance was required? 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

01/01/2011