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PROVARIS ENERGY LTD Director's Dealing 2017

Jan 29, 2017

65630_rns_2017-01-29_0ea23a32-1c95-485b-bdb5-d9f57ef5e675.pdf

Director's Dealing

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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 Global Energy Ventures Ltd (previously TTE Petroleum Ltd)
ABN 53 109 213 470

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 Fletcher Maurice Brand
Date of last notice 25 January 2017

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 Direct and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest. Registered holder is Sasigas Nominees Pty Ltd astrustee for the Fletcher M Brand Family Trust. MrBrand is a director and shareholder of SasigasNominees Pty Ltd and a beneficiary of theFletcher M Brand Family Trust.
Date of change 30 January 2017
No. of securities held prior to change 9,679,169 ordinary shares and 2,224,791 optionsexercisable at $0.40 each and expiring on 31 May2020.
Class Class A Performance Rights ("A-Rights"), ClassB Performance Rights ("B-Rights"), Class CPerformance Rights ("C-Rights").
Number acquired 2,000,000 A-Rights, 2,000,000 B-Rights and3,000,000 C-Rights.
Number disposed Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation Nil.

+ See chapter 19 for defined terms.

No. of securities held after change 9,679,169 ordinary shares, 2,224,791 optionsexercisable at $0.40 each and expiring on 31 May2020, 2,000,000 Class A Performance Rights ("ARights"), 2,000,000 Class B Performance Rights("B-Rights") and 3,000,000 Class C PerformanceRights ("C-Rights").
Nature of change Issued by the Company pursuant to approval at
Example: on-market trade, off-market trade, exercise of options, issue of the general meeting of shareholders held on 18
securities under dividend reinvestment plan, participation in buy-back January 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
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation
Interest after change

Part 3 – +Closed period

Were the interests in the securities or contracts detailedabove traded during a +closed periodwhere prior writtenclearance was required? No.
If so, was prior written clearance providedto allow the tradeto proceed during this period? N/A
If prior written clearance was provided, on what date was thisprovided? N/A

Dated: 30 January 2017

+ See chapter 19 for defined terms.