Redstone Resources : Change of Director's Interest Notice x 2

8cfe9b18-c8a8-416c-ad1c-46a591d77739.pdf

29 February 2016

The Manager

Company Announcements Office Australian Stock Exchange Limited Level 4, Exchange Centre

20 Bridge Street

SYDNEY NSW 2000

LISTED OPTION EXPIRY

The Directors of Redstone Resources Limited (ASX Code: RDS) (Redstone or the Company) advise that 31,356,966 listed options (ASX: RDSO) exercisable at $0.20 expired, unexercised on 28 February 2016.

An Appendix 3B accompanies this announcement.

For further information please contact:

Miranda Conti

Company Secretary Redstone Resources Limited

[phone]

[e-mail]

Redstone Resources Limited ABN 42 090 169 154 www.redstone.com.au

60 Havelock Street, West Perth WA 6005 Tel: [phone] Fax: [phone] Email: [e-mail]

1

Appendix 3B New issue announcement

Appendix 3B

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

New issue announcement, application for quotation of additional securities and agreement

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 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13

Name of entity

Redstone Resources Ltd

ABN

42 090 169 154

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

Expiry of listed options (ASX: RDSO) over fully paid ordinary shares

1 +Class of +securities issued or to be issued

31,356,966

1. Number of +securities issued or to be issued (if known) or maximum number which may be issued

   
   

   
   

   Expiry of listed options (ASX: RDSO) over ordinary shares, exercisable at $0.20 on or before 28 February 2016

2. Principal terms of the

   +securities (e.g. if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if

   +convertible securities, the conversion price and dates for conversion)

   
   

   + See chapter 19 for defined terms.

   
   

   04/03/2013 Appendix 3B Page 1

   Appendix 3B New issue announcement

   
   

   
   

   No, however shares issued upon exercise of the options will rank equally with the shares then on issue

3. Do the +securities rank equally in all respects from the +issue date with an existing +class of quoted +securities?

   
   

   If the additional +securities do not rank equally, please state:

   • the date from which they do

   • the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

   • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

     
     

     n/a

4. Issue price or consideration

   
   

   Expiry of 31,356,966 listed options (ASX: RDSO), unexercised

5. Purpose of the issue

(If issued as consideration for the acquisition of assets, clearly identify those assets)

Yes

6aIs the entity an +eligible entity that has obtained security holder approval under rule 7.1A?

If Yes, complete sections 6b - 6h in relation to the +securities the subject of this Appendix 3B, and comply with section 6i

27 November 2015

6b The date the security holder resolution under rule 7.1A was passed

Nil

6c Number of +securities issued without security holder approval under rule 7.1

+ See chapter 19 for defined terms.

Appendix 3B Page 2 04/03/2013

Nil

6d Number of +securities issued with security holder approval under rule 7.1A

Appendix 3B New issue announcement

Nil

6e Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)

Nil

6f Number of +securities issued under an exception in rule 7.2

N/A

6g If +securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the

+issue date and both values. Include the source of the VWAP calculation.

N/A

6h If +securities were issued under rule 7.1A for non‐cash consideration, state date on which valuation of consideration was released to ASX Market Announcements

See Annexure 1

6i Calculate the entity's remaining issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements

N/A

7 +Issue dates

Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A.

Cross reference: item 33 of Appendix 3B.

Number	+Class
326,047,245	Fully paid ordinary
Shares
55,631,193	Listed Options (ASX:
	RDSOA) exercisable
	at $0.03 on or before
	31 July 2017

8 Number and +class of all

+securities quoted on ASX (including the +securities in section 2 if applicable)

+ See chapter 19 for defined terms.

04/03/2013 Appendix 3B Page 3