CANYON RESOURCES LIMITED — Director's Dealing 2020

Feb 11, 2020

Appendix 3Y Change of Director’s Interest Notice

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 30/9/2001.

Name of entity Canyon Resources Limited ACN 140 087 261

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 Emmanuel CORREIA Date of last notice 25 February 2019

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.	Indirect –Cardrona Energy Pty Ltd Indirect - Canyon Incentive Scheme Pty Ltd ATF Canyon Resources Ltd - Long Term Incentive Plan
Date of change	10 February 2020
No. of securities held prior to change	Cardrona Energy Pty Ltd 729,864 Fully Paid Ordinary Shares Canyon Incentive Scheme Pty Ltd ATF Canyon Resources Ltd - Long Term Incentive Plan - 1,666,666 Shares 3,000,000 Performance Shares 3,333,334 Performance Rights
Class	Fully Paid Ordinary Shares.
Number acquired	31,250
Number disposed	Nil.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$5,000

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change Cardrona Energy Pty Ltd 761,114 Fully Paid Ordinary Shares Canyon Incentive Scheme Pty Ltd ATF Canyon Resources Ltd - Long Term Incentive Plan 1,666,666 Shares 3,000,000 Performance Shares 3,333,334 Performance Rights

Nature of change

Example: on-market trade, off-market trade, exercise Participation in SPP 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 relationto whichtheinteresthas 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

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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 30/9/2001.

Name of entity - Canyon Resources Limited ACN 140 087 261

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.

director for the purposes of section 205G of the	Corporations Act.
Name of Director	PhillipGALLAGHER
Date of last notice	15 February2019

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.	Indirect – Director of Company - Fremantle Enterprises Pty Ltd; Indirect - Canyon Incentive Scheme Pty Ltd ATF Canyon Resources Ltd-Long Term Incentive Plan
Date of change	10 February 2020
No. of securities held prior to change	Fremantle Enterprises Pty Ltd 5,000,000 ordinary shares Canyon Incentive Scheme Pty Ltd ATF Canyon Resources Ltd - Long Term Incentive Plan 2,666,667 Shares 1,734,649 Performance Shares 5,333,333 Performance Rights Phillip & Nicole Gallagher **fund> 694,117 ordinary shares
Class	Fully Paid Ordinary Shares
Number acquired	31,250
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$5,000

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Fremantle Enterprises Pty Ltd 5,031,250 ordinary shares Canyon Incentive Scheme Pty Ltd ATF Canyon Resources Ltd - Long Term Incentive Plan 2,666,667 Shares 1,734,649 Performance Shares 5,333,333 Performance Rights Phillip & Nicole Gallagher **fund> 694,117 ordinary shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Participation in SPP.

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 whichtheinteresthas 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
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 4

01/01/2011