Navarre Minerals : 03/07/2017 – Change in Director’s Interest Notice – McDermott

Appendix 3Y Change of Director's Interest Notice Appendix 3Y Change of Director's Interest Notice

Rule 3.19A.2

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 Navarre Minerals Limited

ABN 66 125 140 105

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	Geoffrey John McDermott
Date of last notice	5 December 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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	New Chum Holdings Pty Ltd (Mr McDermott is a director of and has a beneficial interest in New Chum Holdings Pty Ltd.) Mrs Catherine Lee McDermott (wife of Mr McDermott) Mr Geoffrey John McDermott & Mrs Catherine Lee McDermott (children of Mr McDermott)
Date of change	30 June 2017
No. of securities held prior to change Mrs Catherine Lee McDermott New Chum Holdings Pty Ltd Mr Geoffrey John McDermott & Mrs Catherine Lee McDermott Mr Geoffrey John McDermott	5,163,358 ordinary fully paid shares 457,554 unlisted options for ordinary shares (exercise price $0.05, expiry 31/3/18) 4,504,809 ordinary fully paid shares 163,242 ordinary fully paid shares 23,322 unlisted options for ordinary shares (exercise price $0.05, expiry 31/3/18) 100,000 unlisted options for ordinary shares (exercise price $0.10, expiry 31/12/18)

+ See chapter 19 for defined terms.

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Appendix 3Y Change of Director's Interest Notice

Total	9,831,409 ordinary fully paid shares 580,876 unlisted options for ordinary shares
Class	Fully paid ordinary shares
Number acquired	1,966,283
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.03 per share
No. of securities held after change Mrs Catherine Lee McDermott New Chum Holdings Pty Ltd Mr Geoffrey John McDermott & Mrs Catherine Lee McDermott Mr Geoffrey John McDermott Total	5,163,358 ordinary fully paid shares 457,554 unlisted options for ordinary shares (exercise price $0.05, expiry 31/3/18) 6,471,092 ordinary fully paid shares 163,242 ordinary fully paid shares 23,322 unlisted options for ordinary shares (exercise price $0.05, expiry 31/3/18) 100,000 unlisted options for ordinary shares (exercise price $0.10, expiry 31/12/18) 11,797,692 ordinary fully paid shares 580,876 unlisted options for ordinary shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Participation in the Company's pro rata non- renounceable entitlement offer

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

+ See chapter 19 for defined terms.

Appendix 3Y Page 2 01/01/2011

Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation

Interest after change

Part 3 - +Closed period Appendix 3Y Change of Director's Interest Notice

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?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

+ See chapter 19 for defined terms.

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