AUSTRAL RESOURCES AUSTRALIA LTD — Director's Dealing 2021

Nov 3, 2021

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

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.

Name of entity	Austral Resources Australia Ltd
ABN	50 142 485 470

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	Daniel Rigby JAUNCEY
Date of appointment	19 July 2019

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

10,000,000 fully paid ordinary shares (7,210,000 shares are restricted for 24 months from the date of official quotation of Austral Resources Australia Ltd).

• See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 1

Appendix 3X Initial Director’s Interest Notice

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 & nature of Number & class of Securities interest Note: Provide details of the circumstances giving rise to the relevant interest. Yellow Gear Pty Ltd <Super Snake 235,100,000 fully paid ordinary shares A/C> (169,507,028 shares are restricted for 24 months from the date of official quotation of Austral Mr Jauncey is the sole director and Resources Australia Ltd). a beneficiary of the trust. Moose 2.0 Pty Ltd <The Moose 22,268,750 unquoted performance rights subject A/C> to KPI vesting conditions and restricted for 24 months from the date of official quotation of Mr Jauncey is the sole director and Austral Resources Australia Ltd. shareholder of the trustee and beneficiary of the trust.

Part 3 – 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	Not applicable
Nature of interest
Name of registered holder(if issued securities)
No. and class of securities to whichinterest relates

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002