Argo Exploration

Published : June 17th, 2015

Change of Director's Interest Notice

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Change of Director's Interest Notice

Change of Director's Interest

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 Argo Exploration Limited

ABN 38 120 917 535

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

Christopher Martin

Date of last notice

3 June 2015

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.

1. Millwest Investments Pty Ltd (Sole Director)

2. Yarra Management Pty Ltd (Sole Director)

3. Rojul Nominees Pty Ltd (Director)

Date of change

15 June 2015

+ See chapter 19 for defined terms.

31/05/2013 Appendix 3Y Page 1

Appendix 3Y

Change of Director's Interest Notice

No. of securities held prior to change

13,750,900 fully paid ordinary shares

2,000,000 performance rights (Class A) which vest where the Company's share price is equal to greater than a 5 day VWAP of $0.035 (3.5 cents)

2,000,000 performance rights (Class B) which vest where the Company's share price is equal to greater than a 5 day VWAP of $0.05 (5 cents)

3,000,000 performance rights (Class C) which vest where the Company's share price is equal to greater than a 5 day VWAP of $0.075 (7.5 cents)

3,000,000 performance rights (Class D) which vest where the Company's share price is equal to greater than a 5 day VWAP of $0.10 (10 cents)

Class

Fully paid ordinary shares

Number acquired

24,725 fully paid ordinary shares

Number disposed

Nil

Value/Consideration

Note: If consideration is non-cash, provide details and estimated valuation

$0.012 ($296.70)

No. of securities held after change

13,775,625 fully paid ordinary shares

2,000,000 performance rights (Class A) which vest where the Company's share price is equal to greater than a 5 day VWAP of $0.035 (3.5 cents)

2,000,000 performance rights (Class B) which vest where the Company's share price is equal to greater than a 5 day VWAP of $0.05 (5 cents)

3,000,000 performance rights (Class C) which vest where the Company's share price is equal to greater than a 5 day VWAP of $0.075 (7.5 cents)

3,000,000 performance rights (Class D) which vest where the Company's share price is equal to greater than a 5 day VWAP of $0.10 (10 cents)

Nature of change

Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

On-market acquisition

+ See chapter 19 for defined terms.

Appendix 3Y Page 2 31/05/2013

Part 2 - Change of director's interests in contracts

Appendix 3Y

Change of Director's Interest Notice

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?

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.

31/05/2013 Appendix 3Y Page 3

Read the rest of the article at www.noodls.com

Argo Exploration

EXPLORATION STAGE
CODE : AXT.AX
ISIN : AU000000AXT5
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Argo Expl. is a exploration company based in Australia.

Its main exploration properties are INTERCEPT HILL and TOONDULYA in Australia.

Argo Expl. is listed in Australia. Its market capitalisation is AU$ 2.6 millions as of today (US$ 1.9 millions, € 1.6 millions).

Its stock quote reached its highest recent level on June 03, 2011 at AU$ 0.17, and its lowest recent point on February 20, 2015 at AU$ 0.01.

Argo Expl. has 182 970 000 shares outstanding.

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