CULPEO MINERALS LIMITED — Director's Dealing 2021

Sep 15, 2021

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	Culpeo Minerals Limited
ABN	72 627 735 531

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	Geoffrey William McNamara
Date of last notice	13 September 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.	Tanamera Resources Pte Ltd Geoffrey McNamara is the sole director and shareholder of Tanamera Resources Pte Ltd.
Date of change	10 - 13 September 2021

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	1,854,546 Fully Paid Ordinary Shares1 3,331,408 Fully Paid Ordinary Shares2 100,000 Class A Performance Rights, subject to performance-based vesting conditions as set out in Prospectus dated 23 June 2021 and expiring 31 August 20242 200,000 Class B Performance Rights, subject to performance-based vesting conditions as set out in Prospectus dated 23 June 2021 and expiring 31 August 20242 200,000 Class C Performance Rights, subject to performance-based vesting conditions as set out in Prospectus dated 23 June 2021 and expiring 31 August 20262 200,000 Class D Performance Rights, subject to performance-based vesting conditions as set out in Prospectus dated 23 June 2021 and expiring 31 August 20262 1. Held by Linkwood Holdings Pte Ltd. Mr McNamara is a Director and Substantial Shareholder of Linkwood Holdings Pte Ltd 2. Held by Tanamera Resources Pte Ltd. Mr McNamara is the sole Director and Shareholder of Tanamera Resources Pte Ltd
Class	Ordinary Shares
Number acquired	500,711
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.22 per Share (average)

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

1,854,546 Fully Paid Ordinary Shares1 3,832,119 Fully Paid Ordinary Shares2 100,000 Class A Performance Rights, subject to performance-based vesting conditions as set out in Prospectus dated 23 June 2021 and expiring 31 August 20242 200,000 Class B Performance Rights, subject to performance-based vesting conditions as set out in Prospectus dated 23 June 2021 and expiring 31 August 20242 200,000 Class C Performance Rights, subject to performance-based vesting conditions as set out in Prospectus dated 23 June 2021 and expiring 31 August 20262 200,000 Class D Performance Rights, subject to performance-based vesting conditions as set out in Prospectus dated 23 June 2021 and expiring 31 August 20262 1. Held by Linkwood Holdings Pte Ltd. Mr McNamara is a Director and Substantial Shareholder of Linkwood Holdings Pte Ltd 2. Held by Tanamera Resources Pte Ltd. Mr McNamara is the sole Director and Shareholder of Tanamera Resources Pte Ltd

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

On-market purchase

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	N/A
Nature of interest
Name of registered holder (if issued securities)

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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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
----- End of picture text -----

Part 3 –[+] Closed period

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----- Start of picture text -----

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?
----- End of picture text -----

• See chapter 19 for defined terms.

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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	Culpeo Minerals Limited
ABN	72 627 735 531

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	Paul Schmiede
Date of last notice	13 September 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.	Vermiculite 987 Pty Ltd A/C> Paul Schmiede is a director of Vermiculite 987 Pty Ltd and a beneficiary of the Mzungu Super Fund.
Date of change	10 September 2021

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	82,500 Fully Paid Ordinary Shares1 100,000 Class A Performance Rights, subject to performance-based vesting conditions as set out in Prospectus dated 23 June 2021 and expiring 31 August 20242 200,000 Class B Performance Rights, subject to performance-based vesting conditions as set out in Prospectus dated 23 June 2021 and expiring 31 August 20242 200,000 Class C Performance Rights, subject to performance-based vesting conditions as set out in Prospectus dated 23 June 2021 and expiring 31 August 20262 200,000 Class D Performance Rights, subject to performance-based vesting conditions as set out in Prospectus dated 23 June 2021 and expiring 31 August 20262 1. Vermiculite 987 Pty Ltd as trustee for the Mzungu Superannuation Fund. Mr Schmiede is a director of Vermiculite 987 Pty Ltd and a beneficiary of the Mzungu Superannuation Fund 2. Turquoise 987 Pty Ltd as trustee for the Obsidian 987 Trust. Mr Schmiede is a director of Turquoise 987 Pty Ltd and a beneficiary of the Obsidian 987 Trust
Class	Ordinary Shares
Number acquired	350,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.2262 per Share (average)

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

432,500 Fully Paid Ordinary Shares1 100,000 Class A Performance Rights, subject to performance-based vesting conditions as set out in Prospectus dated 23 June 2021 and expiring 31 August 20242 200,000 Class B Performance Rights, subject to performance-based vesting conditions as set out in Prospectus dated 23 June 2021 and expiring 31 August 20242 200,000 Class C Performance Rights, subject to performance-based vesting conditions as set out in Prospectus dated 23 June 2021 and expiring 31 August 20262 200,000 Class D Performance Rights, subject to performance-based vesting conditions as set out in Prospectus dated 23 June 2021 and expiring 31 August 20262 1. Vermiculite 987 Pty Ltd as trustee for the Mzungu Superannuation Fund. Mr Schmiede is a director of Vermiculite 987 Pty Ltd and a beneficiary of the Mzungu Superannuation Fund 2. Turquoise 987 Pty Ltd as trustee for the Obsidian 987 Trust. Mr Schmiede is a director of Turquoise 987 Pty Ltd and a beneficiary of the Obsidian 987 Trust

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

On-market purchase

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	N/A
Nature of interest
Name of registered holder (if issued securities)
Date of change

• See chapter 19 for defined terms.

Appendix 3Y Page 3

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Appendix 3Y Change of Director’s Interest Notice

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 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 4

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