DREADNOUGHT RESOURCES LTD — Director's Dealing 2020

Oct 18, 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	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	Paul Ian Chapman
Date of last notice	21 July 2020

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 & Indirect
Nature of indirect interest	Stone Poneys Nominees Pty Ltd as trustee for the
(including registered holder)	Chapman Super Fund of which Mr Paul Chapman is a
Note: Provide details of the circumstances giving rise to the relevantinterest.	beneficiaryMitzee Nominees Pty Ltd <Tracey’s Super A/C> a
	Director Related entity.
Date of change	19/10/2020
No. of securities held prior to change	Stone Poneys Nominees Pty Ltd <Chapman Super
	Fund A/c>
	i)275,042,759 Ordinary Fully Paid Shares
	ii)20,000,000 Options over Ordinary Fully
	Paid Shares exercisable at $0.01 per option
	on or before 3 April 2024
	Mitzee Nominees Pty Ltd <Tracey’s Super A/C>
	i)1,587,302 Ordinary Fully Paid Shares
	Paul Ian Chapman
	7,500,000 Ordinary Fully Paid Shares
Class	a)Fully Paid Ordinary Shares
	b)Options over Ordinary Fully Paid Shares
	exercisable at $0.01 per option on or before
	3 April 2024

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	a) 10,000,000 Fully Paid Ordinary Shares
Number disposed	b) 10,000,000 Options over Ordinary Fully PaidShares exercisable at $0.01 per option on orbefore 3 April 2024
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$0.01 per option exercised ($100,000.00)
No. of securities held after change	Stone Poneys Nominees Pty Ltd <Chapman SuperFund A/c>iii)285,042,759 Ordinary Fully Paid Sharesiv)10,000,000 Options over Ordinary FullyPaid Shares exercisable at $0.01 per optionon or before 3 April 2024Mitzee Nominees Pty Ltd <Tracey’s Super A/C>ii)1,587,302 Ordinary Fully Paid SharesPaul Ian Chapmani)7,500,000 Ordinary Fully Paid Shares
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back	10,000,000 Options exercised as announced to themarket 19 October 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	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 whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearancewas required?	Yes
If so, was prior written clearance provided to allow the trade toproceed during this period?	Yes
If prior written clearance was provided, on what date was thisprovided?	19/10/2020

Date: 19 October 2020

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3