AUREKA LIMITED — Director's Dealing 2023

Mar 22, 2023

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ASX Announcement
23 March 2023
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CHANGE OF DIRECTORS INTEREST NOTICE

Navarre Minerals Limited ( ASX: NML ) ( Navarre or the Company ) attaches a Change of Director’s Interest Notice (Appendix 3Y) detailing sales of shares in the Company by Technical Director, Mr Geoff McDermott.

Mr McDermott and his relevant interests has sold 2,912,534 shares to meet tax obligations. After the sale, Mr. McDermott continues to hold 12,000,000 fully paid ordinary shares, 5,000,000 unlisted options and 4,419,453 Performance Rights (directly and indirectly) in the Company.

This announcement has been approved for release by the Board of Directors of Navarre Minerals Limited.

– ENDS –

For further information, please visit www.navarre.com.au or contact:

Mathew Watkins

Company Secretary

E: info@navarre.com.au

T: +61 03 4329 0310

About Nav arr e Min erals Limited

Navarre Minerals Limited (ASX: NML) is a gold producer and an advanced mineral exploration company with a core mission to develop and operate large, high-grade and long-life mineral deposits.

Headquartered in Victoria, Navarre’s gold-dominant portfolio comprises the operating Mt Carlton mine, five development projects and a highly prospective exploration portfolio across Queensland and Victoria.

Navarre maintains an aggressive exploration program aimed at delivering a strong pipeline of organic growth opportunities. The Company also continues to investigate transformational acquisition and strategic merger opportunities to grow the business.

The Company sustains a lean operating model and has a deeply experienced board and management team with a proven track record in value creation.

Navarre’s highest priority is the health and safety of our people, contractors, their families and the communities in which we operate. We are committed to building strong partnerships with our key community, workforce and investment stakeholders.

See more at www.navarre.com.au

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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 Navarre Minerals Limited ABN 66 125 140 105

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	Geoff McDermott
Date of last notice	21 December 2022

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.	Mrs Catherine Lee McDermott (wife of Mr McDermott) New Chum Holdings Pty Ltd Superannuation A/C> (Mr McDermott is a director of and has a beneficial interest in New Chum Holdings Pty Ltd)
Date of change	20 March 2023 and 21 March 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		Indirect 14,912,534 Ordinary fully paid shares; 892,858 Performance Rights in two separate tranches with various vesting conditions (expiring on the first anniversary of their vesting date); and 3,526,595 Performance Rights with various vesting conditions (expiring on the second anniversary of their vesting date). Direct 3,000,000 unlisted options, exercise price $0.15, expiry 10/04/23; and 2,000,000 unlisted options, exercise price $0.12, expiry 17/05/24.
Class		Fully Paid Ordinary Shares
Number acquired		Nil
Number disposed		Indirect 2,912,534 Fully Paid Ordinary Shares
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$88,526.00
No. of securities held after change		Indirect 12,000,000 Ordinary fully paid shares; 892,858 Performance Rights in two separate tranches with various vesting conditions (expiring on the first anniversary of their vesting date); and 3,526,595 Performance Rights with various vesting conditions (expiring on the second anniversary of their vesting date). Direct 3,000,000 unlisted options, exercise price $0.15, expiry 10/04/23; and 2,000,000 unlisted options, exercise price $0.12, expiry 17/05/24.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		On market disposal

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

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?	N/A
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3