ARK MINES LIMITED — Director's Dealing 2023

Aug 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	ARK MINES LTD
ABN	31 123 668 717

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	Ian Burnham Mitchell
Date of last notice	22 December 2021

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	125,500 FPO – Dr Rebecca Mitchell
(including registered holder)	(Daughter) +
Note: Provide details of the circumstances giving rise to the relevantinterest.	1,000 FPO – Mrs Marion Mitchell (Wife) *
Date of change	21, 24 and 27 July 2023.
	This documentcorrects and replacesthe
	ASX Appendix 3Ys lodged on 21, 25 and 28
	July 2023.
No. of securities held prior to change	439,371 FPO shares - Direct.
	296,040 Unlisted options ex. at $0.20 and
	expiring 24 December 2023 - Direct
Class	Fully Paid Ordinary shares.
Number acquired	295,000 FPO shares – Direct.
	1,000 FPO share correction – Indirect. *
	20 FPO share correction – Direct.
Number disposed	125,500 FPO previously included as Direct
	now reclassified as Indirect. +

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration	$0.30 per Fully Paid Ordinary	share.
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	126,500 FPO shares. Indirect.
	608,891 FPO shares. Direct.
	296,040 Unlisted options exercisable at
	$0.20 and exp. 24 December 2023 – Direct.
Nature of change	On Market trade	195,000
Example: on-market trade, off-market trade, exercise of options, issue
of securities under dividend reinvestment plan, participation in buy-	Off Market trade	100,000
back
	Corrections	1,020
	(excluding reclassification +)

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	NA
Nature of interest	NA
Name of registered holder	NA
(if issued securities)
Date of change	NA
No. and class of securities to which	NA
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired	NA
Interest disposed	NA
Value/Consideration	NA
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change	NA

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	Yes
If so, was prior written clearance provided to allow thetrade to proceed during this period?	No – Refer to AHK ASXannouncement of 9 August 2023
If prior written clearance was provided, on what date wasthis provided?	NA

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011