ADAVALE RESOURCES LIMITED — Director's Dealing 2023

Sep 10, 2023

Appendix 3Y Change of Director’s Interest Notice

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 Adavale Resources Limited ABN 96 008 719 015

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 Grant Stanley Pierce Date of last notice 4 July 2023

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 & Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Equity Plan Services Pty Ltd (a trust which Mr Pierce is a beneficiary)
Date of change	7 September 2023
No. of securities held prior to change	4,951,733 Fully Paid Ordinary Shares 459,474 Unlisted Options exercisable at $0.03 each expiring 22 September 2023 2,000,000 Unlisted Options exercisable at $0.15 each expiring 13 January 2025 2,200,000 Performance Rights expiring 31 December 2023
Class	1) Fully Paid Ordinary Shares 2) Listed Options ADDOA
Number acquired	1) 952,573 2) 952,573

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	1) $18,098.90 2) Nil – free attaching
No. of securities held after change	5,904,306 Fully Paid Ordinary Shares 952,573 Listed Options exercisable at $0.03 each expiring 31 December 2025 459,474 Unlisted Options exercisable at $0.03 each expiring 22 September 2023 2,000,000 Unlisted Options exercisable at $0.15 each expiring 13 January 2025 2,200,000 Performance Rights expiring 31 December 2023
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 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	-
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	-
Interest after change	-

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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?	-
If prior written clearance was provided, on what date was this provided?	-

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

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 Adavale Resources Limited ABN 96 008 719 015

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	John Desmond Hicks
Date of last notice	4 July 2023

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.	Nambour Valley Pty Ltd A/C> (a company which Mr Hicks is a director) Equity Plan Services Pty Ltd (a trust which Mr Hicks is a beneficiary)
Date of change	7 September 2023
No. of securities held prior to change	4,636,287 Fully Paid Ordinary Shares 1,004,113 Unlisted Options exercisable at $0.03 each expiring 22 September 2023 2,000,000 Unlisted Options exercisable at $0.15 each expiring 13 January 2025 2,200,000 Performance Rights expiring 31 December 2023

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	1) Fully Paid Ordinary Shares 2) Listed Options ADDOA
Number acquired	1) 789,473 2) 789,473
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	1) $15,000 2) Nil – free attaching
No. of securities held after change	5,425,760 Fully Paid Ordinary Shares 789,473 Listed Options exercisable at $0.03 each expiring 31 December 2025 1,004,113 Unlisted Options exercisable at $0.03 each expiring 22 September 2023 2,000,000 Unlisted Options exercisable at $0.15 each expiring 13 January 2025 2,200,000 Performance Rights expiring 31 December 2023
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 Entitlement Offer
The

Part 2 – Change of director’s interests in contracts

The Part 2 – Change of director’s interests in contracts	The 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 thispart.
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

Appendix 3Y Change of Director’s Interest Notice

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

Part 3 –[+] Closed period

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?	-
If prior written clearance was provided, on what date was this provided?	-

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

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 Adavale Resources Limited ABN 96 008 719 015

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	David Noel Riekie
Date of last notice	2 August 2023

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 & Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Wilhaja Pty Ltd as Trustee for Riekie Family A/C (a company which Mr Riekie is a director and beneficiary) Riekie Superannuation Pty Ltd A/C> (a fund which Mr Riekie is a beneficiary) Equity Plan Services Pty Ltd (a trust which Mr Riekie is a beneficiary)
Date of change	7 September 2023

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	6,274,123 Fully Paid Ordinary Shares 600,000 Listed Options exercisable at $0.03 each expiring 31 December 2025 1,142,780 Unlisted Options exercisable at $0.03 each expiring 22 September 2023 2,000,000 Unlisted Options exercisable at $0.15 each expiring 13 January 2025 2,200,000 Performance Rights expiring 31 December 2023
Class	1) Fully Paid Ordinary Shares 2) Listed Options ADDOA
Number acquired	1) 1,208,160 2) 1,208,160
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	1) $22,955.04 2) Nil – Free attaching
No. of securities held after change	7,482,283 Fully Paid Ordinary Shares 1,808,160 Listed Options exercisable at $0.03 each expiring 31 December 2025 1,142,780 Unlisted Options exercisable at $0.03 each expiring 22 September 2023 2,000,000 Unlisted Options exercisable at $0.15 each expiring 13 January 2025 2,200,000 Performance Rights expiring 31 December 2023
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 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.

be disclosed in thispart.
Detail of contract	-
Nature of interest	-

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

Part 3 –[+] Closed period

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?	-
If prior written clearance was provided, on what date was this provided?	-

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3