DREADNOUGHT RESOURCES LTD — Director's Dealing 2020

Aug 19, 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	Ian James Gordon
Date of last notice	2 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(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Mrs Belinda Gordon and Mr Ian Gordon as trustee forthe Gordon Super Fund of which Mr Ian Gordon is abeneficiary
Date of change	20 August 2020
No. of securities held prior to change	Ian James Gordoni)11,242,644 Ordinary Fully Paid Sharesii)7,500,000 Options exercisable at $0.005on or before 30 June 2024Gordon Super Fundi)27,333,337 Ordinary Fully Paid Shares
Class	a) Fully Paid Ordinary Sharesb) Options exercisable at $0.005 on or before 30June 2024
Number acquired	7,500,000 Fully Paid Ordinary Shares
Number disposed	7,500,000 Options exercisable at $0.005 on or before 30June 2024

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$0.005 per option exercised
No. of securities held after change	Ian James Gordon19,992,644 Ordinary Fully Paid SharesGordon Super Fund27,333,337 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	7,500,000 Options exercised as announced to themarket 20 August 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 acontract in relation to which theinterest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash,provide details and an estimatedvaluation	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 clearance wasrequired?	N/A
If so, was prior written clearance provided to allow the trade toproceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011