Appendix 3X Initial Director's Interest

Appendix 3X Initial Director's Interest Notice Appendix 3X Initial 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 30/9/2001.

Rule 3.19A.1

Name of entity	Carbine Tungsten Limited (ASX Code: CNQ)
ABN	77 115 009 106

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Andrew James Morgan
Date of appointment	19 January 2012

Part 1 - Director's relevant interests in securities of which the director is the registered holder

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.

Number and class of securities

Nil

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder and nature of interest

Note: Provide details of the circumstances giving rise to the relevant interest.

Nil

Number and class of Securities

Nil

Part 3 - Director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifia ble interest of a

director" should be disclosed in this part.

Detail of contract	None
Nature of interest
Name of registered holder (if issued securities)
No. and class of securities to which interest relates

Appendix 3X - 24 Jan 12 AJM

+ See chapter 19 for defined terms.

11/3/2002 Appendix 3X Page 1

Appendix 3Z Final Director's Interest Notice Appendix 3Z Final Director's Interest Notice

Rule 3.19A.3
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 30/9/2001.

Name of entity Carbine Tungsten Limited (ASX Code: CNQ) ABN 77 115 009 106

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Ian Sheffield-Parker
Date of last notice	17 October 2011
Date that director ceased to be Director	19 January 2012

Part 1 - Director's relevant interests in securities of which the Director is the registered holder

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.

Number & class of securities

127,660 shares in the name of Ian Sheffield-Parker

Part 2 - Director's relevant interests in securities of which the Director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest

Note: Provide details of the circumstances giving rise to the relevant interest

IPZ Pty Ltd

Number & class of securities

2,666,667 shares

Part 3 - Director's interests in contracts

Detail of contract	None
Nature of interest
Name of registered holder (if issued securities)
No. and class of securities to which interest relates

CNQ Appendix 3Z - 19 Jan 2012 - ISP

+ See chapter 19 for defined terms.

11/3/2002 Appendix 3Z Page 1