CASTILE RESOURCES LTD — Director's Dealing 2021

Mar 24, 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	Castile Resources Ltd
ABN	93 124 314 085

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 Steven Hepburn
Date of last notice	21 December 2020

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.	Mr Hepburn is a trustee and beneficiary of the Mark Steven Hepburn + Amanda Jane Hepburn ; Mr Hepburn is a Director of MH Cornerstone Pty Ltd and trustee and beneficiary of the Mulligan Family Trust
Date of change	Between 19 March 2021 and 24 March 2021
No. of securities held prior to change	Mr Mark Steven Hepburn + Mrs Amanda Jane Hepburn **Superfund A/C> Ordinary Shares – 500,00 MH Cornerstone Pty Ltd as trustee for the Mulligan Family Trust 2,000,000 unquoted options exercisable at $0.25 on or before 26 November 2022 (escrowed for 24 months from 14 February 2020); 1,000,000 unquoted options exercisable at $0.313on or before 21 December 2023;

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

	600,000 unquoted options exercisable at $zero on or before 21 December 2024;
Class	Fully paid ordinaryshares (“Shares”)
Number acquired	810,000 Shares
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$175,498.38
No. of securities held after change	Mr Mark Steven Hepburn + Mrs Amanda Jane Hepburn **Superfund A/C> 1,310,000 fully paid ordinary shares; MH Cornerstone Pty Ltd as trustee for the Mulligan Family Trust 2,000,000 unquoted options exercisable at $0.25 on or before 26 November 2022 (escrowed for 24 months from 14 February 2020); 1,000,000 unquoted options exercisable at $0.313 on or before 21 December 2023; 600,000 unquoted options exercisable at $zero on or before 21 December 2024;
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On-market purchase

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

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