CGN RESOURCES LIMITED — Director's Dealing 2023

Oct 17, 2023

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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	CGN Resources Limited
ABN	51 122 958 810

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Daniel (Stan) Wholley
Date of appointment	12 April 2022

Part 1 - Director’s relevant interests in securities of which the director is the registered holder 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.

Number & class of securities

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interestNote: Provide details of the circumstances giving riseto the relevant interest.Jeanette Wholley <Wholley FamilyA/C> (Spouse)	Name of holder & nature of interestNote: Provide details of the circumstances giving riseto the relevant interest.Jeanette Wholley <Wholley FamilyA/C> (Spouse)	Number & class of Securities3,250,000 Ordinary Shares	Number & class of Securities3,250,000 Ordinary Shares	Number & class of Securities3,250,000 Ordinary Shares
		500,000 options exercisable at $0.25 each on orbefore 31 July 2026
		1,500,000 options exercisable at $0.25 each onor before 18 August 20261,500,000 options exercisable at $0.30 each onor before 18 Ast 2026
		3,0	ugu00,000 options exercisable at $0.35 each on
		or b	efore 18 August 2026

Part 3 – 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	Detail of contract	N/A
Natur	e of interest
Nam(if iss	e of registered holderued securities)
No. ainter	nd class of securities to whichest relates

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002