Heron Resources : Appendix 3Y - Taylor

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 Heron Resources Ltd

ABN 30 068 263 098

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	Wayne Russell Taylor
Date of last notice	6 January 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.	Director related company
Date of change	7 September 2017
No. of securities held prior to change	1,283,788 ordinary shares held by Geng Holdings Pty Ltd ATF Lugarta Superannuation Fund 312,117 ordinary shares held by Tiaki Nominees Pty Ltd ATF Tuppapa Family Trust
Class	Ordinary Shares
Number acquired	214,286 in the name of Geng Holdings Pty Ltd 214,286 in the name of Tiaki Nominees Pty Ltd
Number disposed	Nil

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$30,000
No. of securities held after change	1,498,074 ordinary shares held by Geng Holdings Pty Ltd ATF Lugarta Superannuation Fund 526,403 ordinary shares held by Tiaki Nominees Pty Ltd ATF Tuppapa Family Trust
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Purchased via the Share Purchase Plan as announced on the ASX on 30 June 2017

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	7 September 2017
No. of securities held prior to change	268,618 Ordinary Shares 858,369 options expiring 20 November 2018 exercisable at $0.07 4,000,000 Options expiring 4 December 2020 exercisable at $0.072.
Class	Ordinary shares
Number acquired	214,286 Ordinary shares
Number disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$15,000

No. of securities held after change	482,904 Ordinary Shares 858,369 options expiring 20 November 2018 exercisable at $0.07 4,000,000 Options expiring 4 December 2020 exercisable at $0.072.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Purchased via Share Purchase Plan as announced on the ASX on 30 June 2017

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	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

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?

N/A

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?

Dated: 4 January 2016