CASPIN RESOURCES LIMITED — Director's Dealing 2021

Jan 21, 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	Caspin Resources Limited
ABN	33 641 813 587

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	Mark Clifford Lawrenson
Date of last notice	4 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 relevant interest.	Solution Management Pty Ltd as trustee for the Lawrenson Family Trust. Mr Lawrenson is a director and shareholder of Solution Management Pty Ltd and a beneficiary of the Lawrenson Family Trust
Date of change	21 January 2021

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	• 250,000 fully paid ordinary shares • 120,000 performance rights (subject to vesting conditions, five-year expiry from date of issue, subject to 24-month escrow from date of ASX quotation); • 900,000 performance rights (five-year expiry from date of issue, subject to 24-month escrow from date of ASX quotation); and • 500,000 unlisted options ($0.30 exercise price per option, five-year expiry from date of issue and subject to 24-month escrow from date of ASX quotation).
Class	Fully paid ordinary shares (subject to escrow) Performance Rights
Number acquired	900,000 fully paid ordinary shares (subject to escrow)
Number disposed	900,000 performance rights (Tranche 1 and Tranche 2)
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	The performance rights that have vested and been converted to shares were issued as an incentive component of the remuneration packages of the directors of Caspin Resources Limited, as detailed in its prospectus dated 12 October 2020.
No. of securities held after change	• 250,000 fully paid ordinary shares; • 900,000 fully paid ordinary shares (subject to 24- month escrow, until 25 November 2022); • 120,000 performance rights (subject to vesting conditions, five-year expiry from date of issue, subject to 24-month escrow from date of ASX quotation); and • 500,000 unlisted options ($0.30 exercise price per option, five-year expiry from date of issue and subject to 24-month escrow from date of ASX quotation).

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change Tranche 1 Performance Rights and Tranche 2 Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in Performance Rights have previously vested, having

buy-back met the applicable vesting criteria. Accordingly, the Tranche 1 and Tranche 2 Performance Rights have converted into fully paid ordinary shares in Caspin. The restriction/escrow that was applied to the performance rights has now been applied to the shares issued.

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 which the interest has 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.

01/01/2011 Appendix 3Y Page 3

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	Caspin Resources Limited
ABN	33 641 813 587

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	Sze Man (Simone) Suen
Date of last notice	4 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	Direct & Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Atasa Holdings Pty Ltd as trustee for the TS3A Family A/C • Ms Suen is a shareholder and director of Atasa Holdings Pty Ltd and is a general beneficiary of the TS3A Family A/C
Date of change	21 January 2021

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Direct: • 6,818 fully paid ordinary shares Indirect: • 2,915,158 fully paid ordinary shares; • 80,000 performance rights (subject to vesting conditions, five-year expiry from date of issue, subject to 24-month escrow from date of ASX quotation); • 700,000 performance rights (five-year expiry from date of issue, subject to 24-month escrow from date of ASX quotation); and • 400,000 unlisted options ($0.30 exercise price per option, five-year expiry from date of issue and subject to 24-month escrow from date of ASX quotation)
Class	Fully paid ordinary shares (subject to escrow) Performance Rights
Number acquired	700,000 fully paid ordinary shares (subject to escrow)
Number disposed	700,000 performance rights (Tranche 1 and Tranche 2)
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Performance rights that have vested and been converted to shares were issued as an incentive component of the remuneration packages of the directors of Caspin Resources Limited, as detailed in itsprospectus dated 12 October 2020.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

Direct: • 6,818 fully paid ordinary shares Indirect: • 2,915,158 fully paid ordinary shares; • 700,000 fully paid ordinary shares (subject to 24-month escrow, until 25 November 2022); • 80,000 performance rights (subject to vesting conditions, five-year expiry from date of issue, subject to 24-month escrow from date of ASX quotation); and • 400,000 unlisted options ($0.30 exercise price per option, five-year expiry from date of issue and subject to 24-month escrow from date of ASX quotation)

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

The Tranche 1 Performance Rights and Tranche 2 Performance Rights have previously vested, having met the applicable vesting criteria. Accordingly, the Tranche 1 and Tranche 2 Performance Rights have converted into fully paid ordinary shares in Caspin. The restriction/escrow that was applied to the performance rights has now been applied to the shares issued.

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 which the interest has changed	n/a
Interest acquired	n/a
Interest disposed	n/a

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

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

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	Caspin Resources Limited
ABN	33 641 813 587

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	Dr Jon Hronsky
Date of last notice	4 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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	21 January 2021
No. of securities held prior to change	• 130,956 fully paid ordinary shares; • 80,000 performance rights (subject to vesting conditions, five-year expiry from date of issue and subject to 24-month escrow from date of ASX quotation); • 700,000 performance rights (five-year expiry from date of issue, subject to 24-month escrow from date of ASX quotation): and • 400,000 unlisted options ($0.30 exercise price per option, five-year expiry from date of issue, subject to 24-month escrow from date of ASX quotation).

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	Fully paid ordinary shares (subject to escrow) Performance Rights
Number acquired	700,000 fully paid ordinary shares (subject to escrow)
Number disposed	700,000 performance rights (Tranche 1 and Tranche 2)
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Performance rights that have vested and been converted to shares were issued as an incentive component of the remuneration packages of the directors of Caspin Resources Limited, as detailed in its prospectus dated 12 October 2020.
No. of securities held after change	• 130,956 fully paid ordinary shares; • 700,000 fully paid ordinary shares (subject to 24- month escrow until 25 November 2022); • 80,000 performance rights (subject to vesting conditions, five-year expiry from date of issue and subject to 24-month escrow from date of ASX quotation); and • 400,000 unlisted options ($0.30 exercise price per option, five-year expiry from date of issue, subject to 24-month escrow from date of ASX quotation).
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	The Tranche 1 Performance Rights and Tranche 2 Performance Rights have previously vested, having met the applicable vesting criteria. Accordingly, the Tranche 1 and Tranche 2 Performance Rights have converted into fully paid ordinary shares in Caspin. The restriction/escrow that was applied to the performance rights has now been applied to the shares issued.

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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 which the interest has 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.

01/01/2011 Appendix 3Y Page 3

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	Caspin Resources Limited
ABN	33 641 813 587

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	Justin Albert Tremain
Date of last notice	4 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 relevant interest.	1. Justin Albert Tremain and Sasha Tara Tremain as trustees of the J & S Tremain Superfund. Mr Tremain is a trustee and a beneficiary of the J & S Tremain Superfund. 2. Justin Albert Tremain as a trustee for the J & S Tremain Family Trust. Mr Tremain is the trustee and a beneficiary of the J & S Tremain Family Trust.
Date of change	21 January 2021

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	1. Justin Albert Tremain and Sasha Tara Tremain as trustees of the J & S Tremain Superfund (i) 250,000 fully paid ordinary shares. 2. Justin Albert Tremain as a trustee for the J & S Tremain Family Trust holds: (i) 80,000 performance rights (subject to vesting conditions, five-year expiry from date of issue and subject to 24-month escrow from date of ASX quotation); (ii) 700,000 performance rights (five-year expiry from date of issue, subject to 24-month escrow from date of ASX quotation); and (iii) 400,000 unlisted options ($0.30 exercise price per option, five-year expiry from date of issue, subject to 24-month escrow from date of ASX quotation).
Class	Fully paid ordinary shares (subject to escrow) Performance Rights
Number acquired	700,000 fully paid ordinary shares (subject to escrow)
Number disposed	700,000 performance rights (Tranche 1 and Tranche 2)
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	The performance rights that have vested and been converted to shares were issued as an incentive component of the remuneration packages of the directors of Caspin Resources Limited, as detailed in its prospectus dated 12 October 2020.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

1. Justin Albert Tremain and Sasha Tara Tremain as trustees of the J & S Tremain Superfund (i) 250,000 fully paid ordinary shares. 2. Justin Albert Tremain as a trustee for the J & S Tremain Family Trust holds: (i) 80,000 performance rights (subject to vesting conditions, five-year expiry from date of issue and subject to 24-month escrow from date of ASX quotation); (ii) 700,000 fully paid ordinary shares (subject to 24-month escrow, until 25 November 2022); and (iii) 400,000 unlisted options ($0.30 exercise price per option, five-year expiry from date of issue, subject to 24-month escrow from date of ASX quotation).

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

The Tranche 1 Performance Rights and Tranche 2 Performance Rights have previously vested, having met the applicable vesting criteria. Accordingly, the Tranche 1 and Tranche 2 Performance Rights have converted into fully paid ordinary shares in Caspin. The restriction/escrow that was applied to the performance rights has now been applied to the shares issued.

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 which the interest has changed	n/a
Interest acquired	n/a
Interest disposed	n/a

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

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