CASTILE RESOURCES LTD — Director's Dealing 2022

May 11, 2022

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 hdocuments 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	2 December 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 relevantinterest.	Mr Hepburn is a trustee and beneficiaryof the Mark Steven Hepburn + AmandaJane Hepburn <Hepburn Superfund A/C>;Mr Hepburn is a Director of MHCornerstone Pty Ltd and trustee andbeneficiaryof the Mulligan FamilyTrust
Date of change	5 May 2022 – 10 May 2022
No. of securities held prior to change	Mr Mark Steven Hepburn + MrsAmandaJaneHepburn<HepburnSuperfund A/C>1,310,000 fully paid ordinary shares;MH Cornerstone Pty Ltd as trustee forthe Mulligan Family Trust2,000,000 unquoted options exercisable at$0.25 on or before 26 November 2022(escrowed for 24 months from 14 February2020);1,000,000 unquoted options exercisable at$0.313 on or before 21 December 2023;600,000 unquoted options exercisable at

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

	$zero on or before 21 December 2024;1,000,000 unquoted options exercisable at$0.2392 on or before 2 December 2024.
Class	Fully paid ordinary shares (Shares)
Number acquired	640,000 Shares
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$136,671.71
No. of securities held after change	Mr Mark Steven Hepburn + MrsAmandaJaneHepburn<HepburnSuperfund A/C>1,950,000 fully paid ordinary shares;MH Cornerstone Pty Ltd as trustee forthe Mulligan Family Trust2,000,000 unquoted options exercisable at$0.25 on or before 26 November 2022(escrowed for 24 months from 14 February2020);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;1,000,000 unquoted options exercisable at$0.2392 on or before 2 December 2024.
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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 a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand 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 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?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3