BARYS RESOURCES LIMITED — Director's Dealing 2023

Dec 5, 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	ENRG Elements Limited
ABN	73 149 230 811

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	James Eric Eggins
Date of last notice	4 March 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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	5 December 2023
No. of securities held prior to change	7,000,000 Fully Paid Ordinary Shares
Class	Fully Paid Ordinary Shares
Number acquired	500,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.007 per Share

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change 7,500,000 Fully Paid Ordinary Shares Nature of change On market purchase 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	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?	No
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.

Appendix 3Y Page 2 ME_146196957_1

01/01/2011

ASX Announcement 6 December 2023

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Change of Director’s Interest Notice

ENRG Elements Limited (ASX:EEL) ( ENRG Elements or the Company ) provides an Appendix 3Y Change of Director’s Interest Notice (Appendix 3Y) for Caroline Keats regarding an on-market purchase of shares yesterday, 5 December 2023, and a previous issue of shares as approved by Shareholders on 4 March 2022.

The Company advises the following in relation to the late lodgment of this document as it relates to 2,500,000 shares issued on 4 March 2022 :

• The issue of the shares occurred on 4 March 2022. The Company failed to disclose the issue via Appendix 3Y at that time due to an administrative oversight. The Company arranged for the Appendix 3Y to be lodged with ASX as soon as practicable upon becoming aware of the oversight.

• The Company and its Directors are aware of their obligations under Listing Rules 3.10.3A, 3.19A and 3.19B and have procedures in place in accordance with the Company’s Continuous Disclosure Policy to meet its disclosure obligations.

• The Company believes its current practices are adequate to ensure compliance with the Listing Rules, including Listing Rule 3.19B, and that failure to do so on these occasions was due to an administrative oversight. However, the Company intends to further review its procedures to identify and implement any potential improvements.

Authorised by the Managing Director of ENRG Elements Limited.

For further enquiries, please contact:

Sarah Wilson

Company Secretary ENRG Elements Limited - info@enrg elements.com +61 8 6263 4400 - www.enrg elements.com

A: Suite 10, 44 Kings Park Road West Perth, WA 6005 P: +61 8 6263 4400 | F: +61 8 9481 7869 E: info@enrg-elements.com

ASX: EEL ABN: 73 149 230 811 www.enrg-elements.com

1

ASX Announcement

6 December 2023

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About ENRG Elements Limited

ENRG Elements Limited (ASX:EEL OTCQB: EELFF) is a company focused on the exploration and development of its uranium, lithium and copper projects, both commodities which are essential for a clean energy future.

The Company holds 100% of the underexplored Agadez Uranium Project located in the Tim Mersoi Basin of Niger, with a JORC Inferred Resource of 21.5 Mlbs of contained U3O8 at 315 ppm (175 ppm cut-off grade) from surface to ~37m depth (ASX Release – 26 April 2023). Agadez hosts similar geology to Orano SA’s Cominak/Somair and Imouraren uranium mines and the deposits held by Global Atomic Corporation (TSE:GLO) and GoviEx Uranium (CVE:GXU). The Company was also recently granted the Tarouadji Project in Niger, a lithium exploration permit covering approximately 500km[2] , located 70km[2] from the Company’s flagship Agadez Uranium Project.

Niger has one of the world’s largest uranium reserves and in 2021 it was the seventh-highest uranium producer globally[1] , with the Tim Mersoï Basin in Niger hosting the highest-grade and tonnage uranium ores in Africa .[2]

ENRG Elements also holds the 100% owned Ghanzi West Copper-Silver Project covering a total area of 2,630km2 in the emerging world class Kalahari Copper Belt of Botswana, one of the most prospective copper belts in the world, which hosts Sandfire Resources' Motheo Copper Mine and Khoemacau Copper Mining’s Zone 5 underground mine. ENRG Elements believes that the Kalahari Copper Belt has the potential for material discovery, with further exploration underway to advance the project. On 25 September 2023, the Company announced it had entered into an agreement with AIM listed Kavango Resources Plc (Kavango), for the sale of 90% of its Ghanzi West Copper-Silver Project, subject to customary conditions precedent.

Botswana is a stable, pro-mining jurisdiction, supportive of mineral exploration and development.

The Directors and management of ENRG Elements have strong complementary experience with over 90 years of Australian and international technical, legal and executive experience in exploration, resource development, mining, legal and resource fields.

Competent Persons Statement

The information on the Mineral Resources outlined in this announcement was compiled by Mr. David Princep, an independent consultant employed by Gill Lane Consulting. Mr Princep is a Fellow of the Australasian Institute of Mining and Metallurgy and a Chartered Professional Geologist. Mr Princep has more than five years relevant experience in estimation of mineral resources and the mineral commodity uranium. Mr Princep has sufficient experience relevant to the assessment of this style of mineralisation to qualify as a Competent Person as defined in the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves – The JORC Code (2012)”. The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results, Exploration Target or Mineral Resources information included in the original announcements and all material assumptions and technical parameters underpinning the estimates in the original announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the applicable Competent Persons’ findings are presented have not been materially modified from the original announcement.

1 https://world-nuclear.org/information-library/facts-and-figures/uranium-production-figures.aspx

2 https://www.sciencedirect.com/science/article/pii/S016913682200213X

A: Suite 10, 44 Kings Park Road West Perth, WA 6005 P: +61 8 6263 4400 | F: +61 8 9481 7869 E: info@enrg-elements.com

ASX: EEL ABN: 73 149 230 811 www.enrg-elements.com

2

ppendix 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	ENRG Elements Limited
ABN	73 149 230 811

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	Caroline Denise Keats
Date of last notice	12 January 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 and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Toledo Superannuation Pty Ltd as trustee for the Keats Superfund trust. Ms Keats is a director of Toledo Superannuation Pty Ltd and a beneficiary of the Keats Superfund trust.
Date of change	1) 4 March 2022 2) 5 December 2023
No. of securities held prior to change	20,000,000 Fully Paid Ordinary Shares
Class	Fully Paid Ordinary Shares
Number acquired	1) 2,500,000 Fully Paid Ordinary Shares 2) 500,000 Fully Paid Ordinary Shares
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	1) $0.03 per Share 2) $0.007 per Share

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Direct 22,500,000 Fully Paid Ordinary Shares Indirect 500,000 Fully Paid Ordinary Shares1 1. Held by Toledo Superannuation Pty Ltd as trustee for the Keats Superfund trust of which Ms Keats is a director and a beneficiary of the Keats Superfund trust.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	1) Participation in capital raising, as approved by Shareholders on 4 March 2022. 2) On market purchase

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?	No
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.

Appendix 3Y Page 2 ME_146196957_1

01/01/2011