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CLARA RESOURCES AUSTRALIA LTD Director's Dealing 2025

Feb 2, 2025

64598_rns_2025-02-02_f28649ea-6c6d-4c24-ba98-578088ebe8d3.pdf

Director's Dealing

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ASX Announcement 3 February 2025

Lodgement of Appendix 3Y x 3

Clara Resources Australia Limited (“Clara” or the “Company”) (ASX:C7A), a company with a strategic emphasis on progressing the Ashford Coking Coal Project, lodges the Appendix 3Y relating to the issue of shares to Peter Westerhuis in the period from 1/11/2024 to 30/12/204.

The attached Appendix 3Y for the Director is as a result of the Director participating in:

  • The October 2024 rights issue, where the Director took up their interest;

  • Fulfilling a sub underwriting commitment to the Company from the October 2024 rights issue; and

  • The December 2024 Placement and ANREO, where the Director took up their interest.

However, the Company failed to lodge the attached Appendix 3Y within 5 days due to an administrative oversight. The Company Secretary and the Director have refreshed themselves of the requirements of Policy to ensure future compliance. The Board are satisfied that the current Policy is sufficient to ensure compliance with Listing Rule 3.19B.

The Managing Director has authorised the release of this announcement to the market.

Peter Westerhuis Duncan Gordon Chief Executive Officer Investor Relations Clara Resources Ltd T: +61 404 006 444 T: +61 7 3303 0192 E: [email protected]

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 CLARA RESOURCES AUSTRALIA LIMITED ABN 84 122 957 322

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 Peter Westerhuis
Date of last notice 11 October 2024

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 Direct and Indirect
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
A. Peter Westerhuis
B. Piersand Super Fund- of which Mr
Peter Westerhuis is a beneficiary
Date of change 1/11/2024
  • See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change A. Peter Westerhuis
2,500,000 ordinary shares
2,500,000 options @ 12c expiry
29/06/2026
400,000 options @ 20c expiry
29/06/2025
200,000 performance rights, nil
consideration, vesting on granting of
a Mining Lease for the Company's
Ashford Coking Coal Project by May
2025
B. Piersand Super Fund(Beneficiary)
1,000,000 ordinary shares
1,000,000 options @ 12c expiry
29/06/2025
Class Ordinary shares
Number acquired A. 1,666,667 ordinary shares
B. 666,667 ordinary shares
Number disposed -
Value/Consideration
Note: If consideration is non-cash, provide details and estimated
valuation
$0.01 per share
No. of securities held after change A. Peter Westerhuis
4,166,667 ordinary shares
2,500,000 options @ 12c expiry
29/06/2026
400,000 options @ 20c expiry
29/06/2025
200,000 performance rights, nil
consideration, vesting on granting of
a Mining Lease for the Company's
Ashford Coking Coal Project by May
2025
C. Piersand Super Fund(Beneficiary)
1,666.667 ordinary shares
1,000,000 options @ 12c expiry
29/06/2025
  • See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change Rights issue Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buyback

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 an estimated valuation Interest after change

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?
If prior written clearance was provided, on what date was
this provided?
  • See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3

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 CLARA RESOURCES AUSTRALIA LIMITED ABN 84 122 957 322

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 Peter Westerhuis
Date of last notice 1 November 2024

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 Direct and Indirect
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
A. Peter Westerhuis
B. Piersand Super Fund- of which Mr
Peter Westerhuis is a beneficiary
Date of change 16 December 2024
  • See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change A. Peter Westerhuis
4,166,667 ordinary shares
2,500,000 options @ 12c expiry
29/06/2026
400,000 options @ 20c expiry
29/06/2025
200,000 performance rights, nil
consideration, vesting on granting of
a Mining Lease for the Company's
Ashford Coking Coal Project by May
2025
B. Piersand Super Fund(Beneficiary)
1,666,667 ordinary shares
1,000,000 options @ 12c expiry
29/06/2025
Class Ordinary shares
Number acquired A. 2,953,172 ordinary shares
Number disposed -
Value/Consideration
Note: If consideration is non-cash, provide details and estimated
valuation
$0.01 per share
No. of securities held after change A. Peter Westerhuis
7,119,839 ordinary shares
2,500,000 options @ 12c expiry
29/06/2026
400,000 options @ 20c expiry
29/06/2025
200,000 performance rights, nil
consideration, vesting on granting of
a Mining Lease for the Company's
Ashford Coking Coal Project by May
2025
C. Piersand Super Fund(Beneficiary)
1,666,667 ordinary shares
1,000,000 options @ 12c expiry
29/06/2025
  • See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change
Example: on-market trade, off-market trade, exercise of options, issue
of securities under dividend reinvestment plan, participation in buy-
back
Sub underwriting commitment to a rights
issue

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 an estimated valuation Interest after change

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?
If prior written clearance was provided, on what date was
this provided?
  • See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3

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 CLARA RESOURCES AUSTRALIA LIMITED ABN 84 122 957 322

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 Peter Westerhuis
Date of last notice 16 December 2024

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 Direct and Indirect
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
A. Peter Westerhuis
B. Piersand Super Fund- of which Mr
Peter Westerhuis is a beneficiary
Date of change 30 December 2024
  • See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change A. Peter Westerhuis
7,119,839 ordinary shares
2,500,000 options @ 12c expiry
29/06/2026
400,000 options @ 20c expiry
29/06/2025
200,000 performance rights, nil
consideration, vesting on granting of
a Mining Lease for the Company's
Ashford Coking Coal Project by May
2025
B. Piersand Super Fund(Beneficiary)
1,666,667 ordinary shares
1,000,000 options @ 12c expiry
29/06/2025
Class Ordinary shares
Number acquired A. 8,786,506 ordinary shares
Number disposed -
Value/Consideration
Note: If consideration is non-cash, provide details and estimated
valuation
$0.006 per share
No. of securities held after change A. Peter Westerhuis
15,906,345 ordinary shares
2,500,000 options @ 12c expiry
29/06/2026
400,000 options @ 20c expiry
29/06/2025
200,000 performance rights, nil
consideration, vesting on granting of
a Mining Lease for the Company's
Ashford Coking Coal Project by May
2025
C. Piersand Super Fund(Beneficiary)
1,666,667 ordinary shares
1,000,000 options @ 12c expiry
29/06/2025
  • See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change Rights issue Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buyback

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 an estimated valuation Interest after change

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?
If prior written clearance was provided, on what date was
this provided?
  • See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3