CORE ENERGY MINERALS LTD — Director's Dealing 2021

Aug 1, 2021

2 August 2021

Appendix 3Y

Oar Resources Limited ( ASX: OAR ) (“ Oar ” or “ the Company ”) offers the following information in relation to the Performance, Retention and Deferred Rights that were approved by shareholders at the Annual General Meeting held on 22 December 2020. The Rights, issued with the approval of shareholders, have vested and been converted into Ordinary Shares is a mark of the positive performance of Oar Resources over the past 12 months.

The Appendix 2A lodged with ASX on 30 July 2021 has outlined that 12,000,000 Deferred Rights, 11,256,000 Performance Rights and 5,544,000 Retention Rights that vested and were converted into Ordinary Shares.

The relevant Appendix 3Ys in respect of the Directors’ equity movements are attached.

“This Announcement has been authorised for release to ASX by the Board of Oar Resources Limited”

For further information please contact:

Chris Gale James Moses Executive Chairman Media & Investor Relations Oar Resources Ltd. Mandate Corporate P: +61 8 6117 4797 E: james@mandatecorporate.com.au

About Oar Resources Limited

Oar Resources Limited is an ASX listed precious metals explorer and aspiring producer. Oar has acquired 100% of Australian Precious Minerals Pty Ltd, holder of the Crown Project in Western Australia. Crown is situated near Chalice Mining’s world-class Julimar polymetallic discovery. Oar has also acquired 100% of Alpine Resources’ gold exploration projects in the highly prospective gold province of Nevada, United States - ranked the third best mining jurisdiction in the world. These projects are in an area that hosts several multi-million-ounce deposits. Oar, through its wholly owned subsidiary Lymex Tenements Pty Ltd holds a number of tenements on the South Australian Eyre Peninsular which are considered highly prospective for kaolinite and halloysite mineralisation, graphite, iron ore and other commodities. In addition, Oar’s Peruvian subsidiary, Ozinca Peru SAC, owns a CIP Gold lixiviation plant, strategically located proximal to thousands of small gold miners in Southern Peru.

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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 OAR RESOURCES LIMITED ABN 2 7 009 118 861

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 Mr. David Vilensky

Date of last notice 23 February 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 relevant interest.	Securities held by Coilens Corporation Pty Ltd
Date of change	27 July 2021
No. of securities held prior to change	Indirect: a. 7,053,772 Ordinary Shares b. 1,763,443OARO Options c. 15,000,000 Deferred Rights
Class
Number acquired	a. 5,928,571 Ordinary Shares (on vesting and conversion of deferred rights)

Appendix 3Y Change of Director’s Interest Notice

Number disposed	c. 6,000,000 Deferred Rights (vested and converted into ordinary shares)
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil - conversion and vesting of Deferred Rights.
No. of securities held after change	Indirect: a. 12,982,343 Ordinary Shares b. 1,763,443OARO Options c. 9,000,000 Deferred Rights
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Vesting and conversion of Tranche 1 - Deferred Rights issued after approval from shareholders on 22 December 2020.

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

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?	N/A
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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 OAR RESOURCES LIMITED ABN 2 7 009 118 861

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 Mr. Joseph van den Elsen

Date of last notice 23 February 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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	27 July 2021 – 2 August 2021
No. of securities held prior to change	a. 15,000,000 Deferred Rights
Class
Number acquired	b. 5,928,571 Ordinary Shares (on vesting and conversion of deferred rights)
Number disposed	a. 6,000,000 Deferred Rights (vested and converted into ordinary shares) b. 2,928,571 Ordinary Shares

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	a. Nil –conversion and vesting of Deferred Rights b. $38,071.42
No. of securities held after change	Direct: a. 9,000,000 Deferred Rights b. 3,000,000 Ordinary Shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	a. Vesting and conversion of Tranche 1 - Deferred Rights issued after approval from shareholders on 22 December 2020. b. Disposal in anticipation of potential tax liabilities for the vesting and conversion of the Deferred Rights.

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 No above traded during a[+] closed period where prior written clearance was required?

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

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 OAR RESOURCES LIMITED ABN 2 7 009 118 861

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 Mr. Christopher Gale

Date of last notice 23 February 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 relevant interest.	Securities held by: • Mr Chris Gale and Mrs Stephanie Gale • Allegra Capital Pty Ltd
Date of change	27 July 2021
No. of securities held prior to change	Direct: Nil Indirect: a. 15,607,432 Ordinary Shares b. 2,000,000OAROOptions c. 13,860,000 Retention Rights d. 28,140,000 Performance Rights
Class

• See chapter 19 for defined terms.

Appendix 3Y Page 6

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Number acquired	a. 16,657,142 Ordinary Shares (conversion and vesting of Incentive Rights)
Number disposed	a. 6,500,000 ordinary shares c. 5,544,000 Retention Rights (vested and converted into ordinary shares) d. 11,256,000 Performance Rights (vested and converted into ordinary shares)
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	a. $Nil – off market transfer to third parties. c. Nil -conversion and vesting of Incentive Rights. d. Nil -conversion and vesting of Incentive Rights.
No. of securities held after change	Indirect: a. 25,764,574 Ordinary Shares b. 2,000,000OAROOptions c. 8,316,000 Retention Rights d. 16,884,000 Performance Rights
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	a. Off market transfer of shares & conversion and vesting of Incentive Rights. c. Vesting and conversion of Tranche 1 - Incentive Rights issued after approval from shareholders on 22 December 2020. d. Vesting and conversion of Tranche 1 - Incentive Rights issued after approval from shareholders on 22 December 2020.

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

Appendix 3Y Change of Director’s Interest Notice

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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
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Part 3 –[+] Closed period

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?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 8

01/01/2011