CARAVEL MINERALS LIMITED — Director's Dealing 2021

Oct 3, 2021

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.

Introduced 30/9/2001.
Name of entity	Caravel Minerals Limited
ABN	41 120 069 089

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.

irector for the purposes of section 205G of	the Corporations Act.
Name of Director	Stephen Abbott
Date of last notice	20 September 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 interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	Kate Abbott (spouse)
Date of change	30 September 2021
No. of securities held prior to change	Stephen Abbott657,144 ordinary shares2,303,262 unlisted options (exercisable at $0.30 expiring 30June 2023)Kate Abbott5,000,000 ordinary shares3,000,000 options exercisable at 8c and expiring 30 Sep 2021
Class	options exercisable at 8c and expiring 30 Sep 2021
Number acquired	Nil
Number disposed	3,000,000

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration includesbrokerage/gstNote: If consideration is non-cash, provide details andestimated valuation	Nil
No. of securities held after change	Stephen Abbott657,144 ordinary shares2,303,262 unlisted options (exercisable at $0.30 expiring 30June 2023)Kate Abbott (spouse)5,000,000 ordinary shares
Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestmentplan, participation in buy-back	Expiry of unvested options

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 acontract in relation to which the interesthas changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash,provide details and an estimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

Part 3 Closed Period

Part 3 Closed Period
Were the interests in the securities or	No
contracts detailed above traded during a
+closed period where prior written
clearance was required?
If so, was prior written clearance	N/A
provided to allow the trade to proceed
during this period?
If prior written clearance was provided,	N/A
on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 3