AUSTRALIAN VANADIUM LIMITED — Director's Dealing 2019

Jul 9, 2019

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	Australian Vanadium Ltd
ABN	90 116 221 740

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	Daniel Clifford Harris
Date of last notice	12 July 2017

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
Nature of indirect interest	-
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	8 July 2019
No. of securities held prior to change	-
Class	Ordinary shares
Number acquired	2,500,000
Number disposed	-
Value/Consideration	$35,000
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	2,500,000 ordinary shares

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change On-market trade Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

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	Each Performance Right (PR) converts to one ordinaryfully paid share, subject to satisfaction of specifiedperformance criteria as approved by shareholders on 12June 2017. The Performance Rights have an expiry dateof:19 December 2019 – 2,000,000 PRs19 December 2020 – 2,000,000 PRs19 December 2021 – 2,000,000 PRs
Nature of interest	Unlisted Performance Rights
Name of registered holder(if issued securities)	Daniel Clifford Harris
Date of change	N/A
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	6,000,000
Interest acquired	-
Interest disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	-
Interest after change	6,000,000

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade N/A to proceed during this period? If prior written clearance was provided, on what date was this N/A provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011