CARNABY RESOURCES LIMITED — Director's Dealing 2020

Nov 17, 2020

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: Carnaby Resources Limited ABN: 62 610 855 064

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	Paul Payne
Date of last notice	04/11/20

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 relevantinterest.	PAYNE GEOLOGICAL SERVICES PTYLTD <PAYNE SUPER FUND A/C>Paul Payne is a Director and Beneficiary
Date of change	16/11/2020
No. of securities held prior to change	PAYNE GEOLOGICAL SERVICES PTYLTD <PAYNE SUPER FUND A/C>-175,000 ordinary fully paid sharesPaul Payne-500,000 ordinaryfully paid shares
Class	Fully Paid Ordinary Shares
Number acquired/transferred	200,000 (indirect)
Number disposed	200,000 (direct)
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Not Applicable – off market transfer withno change in beneficial ownership

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change PAYNE GEOLOGICAL SERVICES PTY LTD <PAYNE SUPER FUND A/C> - 375,000 ordinary fully paid shares Paul Payne - 300,000 ordinary fully paid shares Nature of change Off market transfer of ordinary shares with

Example: on-market trade, off-market trade, exercise of options, no change in beneficial ownership. 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.

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----- Start of picture text ----- Detail of contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuationInterest after change----- End of picture text -----

Part 3 –[+] Closed period

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	NO
If so, was prior written clearance provided to allow the tradeto proceed during this period?
If prior written clearance was provided, on what date was thisprovided?

• See chapter 19 for defined terms.

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