BOAB METALS LIMITED — Director's Dealing 2021

Apr 6, 2021

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: Boab Metals Limited ABN 43 107 159 713

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	Gary Comb
Date of last notice	22 January 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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Bluedale Pty Ltd <Comb FamilyAccount>Mr Comb is a director of Bluedale Pty Ltd
Date of change	6 April 2021
No. of securities held prior to change	a) 120,000 Unlisted Class “B” PerformanceRights(expiring 30 June 2022)b) 140,000 Unlisted Class “C” PerformanceRights(expiring 30 June 2022)c) 160,000 Unlisted Class “D” PerformanceRights(expiring 6 March 2025)d) 504,612 Ordinary shares
Class	Ordinary Shares
Number acquired	55,625

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Shares issued to Director in lieu of Directorsfees payable. (Issued at a VWAP of 44.94cents per share).
No. of securities held after change	a) 120,000 Unlisted Class “B” PerformanceRights(expiring 30 June 2022)b) 140,000 Unlisted Class “C” PerformanceRights(expiring 30 June 2022)c) 160,000 Unlisted Class “D” PerformanceRights(expiring 6 March 2025)d) 560,237 Ordinary shares
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Shares issued as a result of a resolution beingpassed at the AGM of the Company, held on23 December 2020, valuation as per above.

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 whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed Yes above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the Not applicable trade to proceed during this period? These Shares were issued with Shareholder approval obtained at the Annual General Meeting of the Company held on 23 December 2020, price was based on the VWAP for the period concerned. If prior written clearance was provided, on what date was N/A this provided?

• See chapter 19 for defined terms.

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