AIC MINES LIMITED — Director's Dealing 2021

Nov 1, 2021

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 AIC MINES LIMITED ABN 11 060 156 452

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.

We (the entity) give ASX the followingthe director for the purposes of section	information under listing rule 3.19A.2 and as agent for205G of the Corporations Act.
Name of Director	Brett Montgomery
Date of last notice	15 December 2020

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 Interest
Nature of indirect interest	Mr Brett Montgomery
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevantinterest.	Registered Holder: Miss Lily Montgomery (daughter)
Date of change	29 October 2021
No. of securities held prior to change	857,143 fully paid ordinary shares in the name of Mr
	Brett Montgomery
	12,500 fully paid ordinary shares in the name of Miss
	Lily Montgomery (daughter)
	285,715 fully paid ordinary shares in the name of
	Gerise Pty Ltd (sole director and shareholder)
Class	Fully paid ordinary shares
Number acquired	12,500 Miss Lily Montgomery (daughter)
Number disposed	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	12,500 @ $0.25 per share Miss Lily Montgomery
No. of securities held after change	857,143 fully paid ordinary shares in the name of MrBrett Montgomery25,000 fully paid ordinary shares in the name of MissLily Montgomery (daughter)285,715 fully paid ordinary shares in the name ofGerise Pty Ltd (sole director and shareholder)
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Participation in Public Offer following shareholderapproval at General Meeting

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.

==> picture [434 x 315] intentionally omitted <==

----- Start of picture text ----- Detail of contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuationInterest after change----- End of picture text -----

Part 3 –[+] Closed period

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3