DEVEX RESOURCES LIMITED — Director's Dealing 2020

Mar 23, 2020

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 DEVEX RESOURCES LIMITED

ABN 74 009 799 553

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.

We (the entity) give ASX the followingthe director for the purposes of section	information under listing rule 3.19A.2 and as agent for205G of the Corporations Act.
Name of Director	Bryn Jones
Date of last notice	29 November 2019

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 Interest
Nature of indirect interest	1) Mr Bryn Llywelyn Jones and Mrs Kellie
(including registered holder)	Nicole Jones ATF the Jones Family Trust
Note: Provide details of the circumstances giving rise to the relevant
interest.	2) Mr Bryn Llywelyn Jones and Mrs Kellie
	Nicole Jones ATF the Tawel Super Fund – Mr
	Jones is a member of the Tawel Super Fund
Date of change	18 – 20 March 2020

• 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	Direct Interest:258,143 fully paid ordinary shares250,000 unlisted options, expiring 30 November2021 and with an exercise price of 30 cents500,000 unlisted options, expiring 30 November2021 and with an exercise price of 10 cents1,250,000 unlisted options, expiring 28 November2022 and with an exercise price of $0.135Indirect interest:1) Jones Family Trust:230,115 fully paid ordinary shares2) Tawel Super Fund:1,086,122 fully paid ordinary shares
Class	Unlisted options
Number acquired	Indirect interest:1) Jones Family Trust:125,000 fully paid ordinary shares
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil
No. of securities held after change	Direct Interest:258,143 fully paid ordinary shares250,000 unlisted options, expiring 30 November2021 and with an exercise price of 30 cents500,000 unlisted options, expiring 30 November2021 and with an exercise price of 10 cents1,250,000 unlisted options, expiring 28 November2022 and with an exercise price of $0.135Indirect interest:1) Jones Family Trust:355,155 fully paid ordinary shares2) Tawel Super Fund:1,086,122 fully paid ordinary shares

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change The issue of unlisted options, the subject of Example: on-market trade, off-market trade, exercise of options, Resolution 5(c), passed at the Annual General issue of securities under dividend reinvestment plan, participation in Meeting held on 27 November 2019. The buy-back unlisted options are issued under the terms and conditions of the Company’s Employee Incentive Scheme.

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	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which	N/A
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change	N/A

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3