CAZALY RESOURCES LIMITED — Director's Dealing 2020

Nov 18, 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 30/9/2001.

Name of entity	Cazaly Resources Limited
ABN	23 101 049 334

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for	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	Terry James Gardiner
Date of last notice	19 March 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.

n the case of a trust, this includes interests in th	n the case of a trust, this includes interests in th	n the case of a trust, this includes interests in th	e trust made available by the responsible entity of the trust	e trust made available by the responsible entity of the trust	e trust made available by the responsible entity of the trust	e trust made available by the responsible entity of the trust	e trust made available by the responsible entity of the trust	e trust made available by the responsible entity of the trust	e trust made available by the responsible entity of the trust	e trust made available by the responsible entity of the trust	e trust made available by the responsible entity of the trust	e trust made available by the responsible entity of the trust
ote: In the case of a company, interests which come w			ithin paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.
D	irect or indirect interest		Direct
N(iNri	ature of indirect interestncluding registered holder)ote: Provide details of the circumstances gi	ving	IndirectShares owned byGardiner (Terry		Terry James GardinerJames Gardiner S/Fun				&d).	Mrs Victoria HeleMr Gardiner is		na
	se to the relevant interest.		beneficiary.
D	ate of change		19 No	vember 2020
N	o. of securities held prior	to	Direc	t
c	hange		2,7211,500500,02,000Indir2,700	,500 Fully paid,000 Options ex00 Options exe,000 Options exect,000 Fully paid		ordinaryercisablercisable atercisableordinary	sharesat $0.03$0.029 (at $0.04shares	9 (expiriexpiring95 (expir		ng 26/1131/3/21ing 19/1	/20))1/22)
C	lass		Ful	ly paid ordinary		shares
N	umber acquired		1,5	00,000
N	umber disposed		Nil
V	alue/Consideration		$58	500
N	If idi i h id d	il		,
	ote: conseraton s non-cas, prove edtitdlti	as
a	esmae vauaon

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

Direct 4,221,500 Fully paid ordinary shares 500,000 Options exercisable at $0.029 (expiring 31/3/21) 2,000,000 Options exercisable at $0.0495 (expiring 19/11/22) Indirect 2,700,000 Fully paid ordinary shares

Nature of change Example: on-market trade, off-market trade, Conversion of Director options (exercisable at $0.039 on or before exercise of options, issue of securities under dividend reinvestment plan, participation in buy26/11/20) 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.

Detail of contract 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 a valuation Interest after change

Part 3 –[+] Closed period

.

Were the interests in the securities or contracts No detailed above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period? If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002