DREADNOUGHT RESOURCES LTD — Director's Dealing 2019

Dec 26, 2019

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	Dreadnought Resources Limited
ABN	40 119 031 864

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	Dean Tuck
Date of last notice	11 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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Mr Dean Tuck + Mrs Dianne Tuck
Date of change	a) 18 Decemer 2019 b) 23 December 2019
No. of securities held prior to change	i) 11,666,666 – Tuck Family A/c Ordinary Fully Paid Shares ii) 30,000,000 Options exercisable at $0.005 on or before 9 April 2021 – Tuck Family A/c iii) 10,500,000 Options exercisable at $0.005 on or before 30 June 2024 Tuck Family A/c"
Class	a) Unlisted Options over Ordinary Shares b) Fully Paid Ordinary Shares and Unlisted Options over Ordinary Shares
Number acquired	b) 30,000,000 Options exercisable at $0.005 on or before 9 April 2021 – Tuck Family A/c and 793,651 Ordinary Shares – Tuck Family A/c
Number disposed	a) 30,000,000 Options exercisable at $0.005 on or before 9 April 2021 – Tuck FamilyA/c

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	a) Nil b) Shares were purchased at $0.0063 per Share. The Unlisted Options were given for nil consideration
No. of securities held after change	i) 12,460,317 – Tuck Family A/c Ordinary Fully Paid Shares ii) 30,000,000 Options exercisable at $0.005 on or before 9 April 2024 – Tuck Family A/c iii) 10,500,000 Options exercisable at $0.005 on or before 30 June 2024
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) Cancellation of Unlisted Options as announced on 18 December b) Share issue as part of the Placement announced on 18 November 2019 and Unlisted Options as part of the Company’s Share Option Incentive Plan as ratified at the General Meeting on 23 December 2019.

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 (if issued securities)	N/A
Date of change	N/A
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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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.

01/01/2011 Appendix 3Y Page 3