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	Grant Mooney
Date of appointment	4 July 2023

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

875,000 Ordinary Shares

250,000 Options exercisable at $0.25 each on or before 31 July 2026

1,500,000 Director Options exercisable at $0.25 each on or before 18 August 2026

• 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 interest	Number & class of Securities
Note: Provide details of the circumstances giving rise to the relevant interest.
Samantha Mooney (Spouse)	83,333 Ordinary Shares
Ocean Flyers Pty Ltd <S&G Mooney SuperFund A/C> (Grant Mooney is a member)	516,667 Ordinary Shares250,000 Options exercisable at
	$0.25 each on or before 31 July
	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.

==> picture [406 x 157] intentionally omitted <==

----- Start of picture text ----- Detail of contract N/ANature of interestName of registered holder(if issued securities)No. and class of securities to whichinterest relates----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002