CARNAVALE RESOURCES LIMITED — Director's Dealing 2023

Sep 21, 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 30/9/2001.

Name of entity - CARNAVALE RESOURCES LIMITED

ABN: 49 119 450 243

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	RON GAJEWSKI
Date of last notice	1 August 2023

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.

isclosed 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.	Vienna Holdings Pty Ltd A/T/F The Ronjen Superannuation Fund - Mr Gajewski is a director, joint shareholder and beneficiary. Redtown Enterprises Pty Ltd - a company owned and directed by an associate of Mr Gajewski. Jennifer Gajewski A/T/F the Donegal Investment Trust. Jennifer Gajewski is the spouse of Mr Gajewski and an associate for this purpose.
Date of change	15 September 2023 and 20 September 2023
No. of securities held before change 25,000,000 Unlisted Options (ex $0.012, exp 30/11/23) 148,910,227 ordinary fully paid shares. 5,000,000 ordinaryfully paid shares.	Ron Gajewski Vienna Holdings Pty Ltd A/T/F The Ronjen Superannuation Fund Redtown Enterprises Pty Ltd.
Class	Ordinary fully paid shares and unlisted options.
Number acquired 22,500,000 ordinary fully paid shares 22,500,000 ordinary fully paid shares 20,000,000 Unlisted Options (ex $0.008, exp 31/03/2025).	Vienna Holdings Pty Ltd A/T/F The Ronjen Superannuation Fund. Jennifer Gajewski Ron Gajewski

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$202,500 – ordinary fully paid shares. Nil – unlisted options.
No. of securities held after change 25,000,000 Unlisted Options (ex $0.012, exp 30/11/23) 20,000,000 Unlisted Options (ex $0.008, exp 31/03/2025). 171,410,227 ordinary fully paid shares. 5,000,000 ordinary fully paid shares. 22,500,000 ordinary fully paid shares.	Ron Gajewski Ron Gajewski Vienna Holdings Pty Ltd A/T/F The Ronjen Superannuation Fund Redtown Enterprises Pty Ltd. Jennifer Gajewski
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Subscription to 45 million shares at $0.0045 each and issue of 20 million unlisted options following shareholder approval received on 15 September 2023.

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
Name of registered holder (if issued securities)
Date of change
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
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
**Interest after change **

Part 3 – Closed Period

art 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

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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 30/9/2001.

Name of entity - CARNAVALE RESOURCES LIMITED ABN: 49 119 450 243

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	ANDREW BECKWITH
Date of last notice	1 August 2023

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.	Penand Pty Ltd - Mr Beckwith is a director and controlling shareholder. Penelope Beckwith, spouse of Mr Beckwith and an associate for this purpose.
Date of change	15 September 2023 and 20 September 2023.
No. of securities held before change 54,543,188 ordinary fully paid shares 25,000,000 Unlisted Options (ex $0.012, exp 30/11/23)	Penand Pty Ltd Penelope Beckwith
Class	Ordinary fully paid shares and unlisted options.
Number acquired 45,000,000 ordinary fully paid shares 20,000,000 Unlisted Options (ex $0.008, exp 31/03/2025).	Penand Pty Ltd Penelope Beckwith

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	N/A.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$202,500 – ordinary fully paid shares. Nil–unlisted options.
No. of securities held after change 99,543,188 ordinary fully paid shares 25,000,000 Unlisted Options (ex $0.012, exp 30/11/23) 20,000,000 Unlisted Options (ex $0.008, exp 31/03/2025).	Penand Pty Ltd Penelope Beckwith Penelope Beckwith
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Subscription to 45 million shares at $0.0045 each and issue of 20 million unlisted options following shareholder approval received on 15 September 2023.

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
Name of registered holder (if issued securities)
Date of change
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
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

Part 3 – Closed Period

art 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

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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 30/9/2001.

Name of entity - CARNAVALE RESOURCES LIMITED ABN: 49 119 450 243

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	RHETT BRANS
Date of last notice	2 July 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	Direct and Indirect.
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Proman Consulting Engineers Pty Ltd – an entity in which Mr Brans is a director and holds a beneficial interest.
Date of change	15 September 2023.
No. of securities held prior to change 10,000,000 Unlisted Options (ex $0.012, exp 30/11/23) 5,000,000 ordinary fully paid shares	Rhett Brans Proman Consulting Engineers Pty Ltd
Class	Unlisted options.
Number acquired 5,000,000 Unlisted Options (ex $0.008, exp 31/03/2025).	Rhett Brans
Number disposed	N/A.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	N/A.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change 10,000,000 Unlisted Options (ex $0.012, exp 30/11/23) 5,000,000 Unlisted Options (ex $0.008, exp 31/03/2025). 5,000,000 ordinary fully paid shares	Rhett Brans Rhett Brans Proman Consulting Engineers Pty Ltd
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of 5 million unlisted options following shareholder approval received on 15 September 2023.

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
Name of registered holder (if issued securities)
Date of change
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
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

Part 3 – Closed Period

art 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.

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