DREADNOUGHT RESOURCES LTD — Declaration of Voting Results & Voting Rights Announcements 2020

Nov 29, 2020

30 November 2020

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RESULTS OF ANNUAL GENERAL MEETING

Dreadnought Resources Limited (“ Dreadnought ”) advises that, in accordance with Listing Rule 3.13.2 and Section 251AA of the Corporations Act, details of the resolutions, proxies received and votes cast for the meeting held today are set out in the attached summary.

All resolutions were passed by the requisite majority.

Yours faithfully,

Jessamyn Lyons COMPANY SECRETARY

~Ends~

For further information please contact:

Dean Tuck Jessamyn Lyons Managing Director Company Secretary Dreadnought Resources Limited Dreadnought Resources Limited E:dtuck@dreadnoughtresources.com.au E:jlyons@dreadnoughtresources.com.au

This announcement is authorised for release to the ASX by the Board of Dreadnought.

Dreadnought Resources Limited Suite 5, 16 Nicholson Road, Subiaco WA 6008 PO Box 572, Floreat WA 6014

www.dreadnoughtresources.com.au info@dreadnoughtresources.com.au +61 (0) 428 824 343

DREADNOUGHT RESOURCES LIMITED ANNUAL GENERAL MEETING

Monday, 30 November 2020 Results of Meeting

The following information is provided in accordance with section 251AA(2) of the Corporations Act 2001 (Cth) and ASX Listing Rule 3.13.2.

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Instructions given to validly appointed proxies Number of votes cast on the poll Resolution
Resolution details
(as at proxy close) (where applicable) Result
Resolution Proxy's Carried /
Resolution For Against Abstain For Against Abstain
Type Discretion Not Carried
144,302,929 277,736 12,636,300 1,101,503 175,457,772 277,736 1,101,503
1 Adoption of Remuneration Report Ordinary Carried
91.78% 0.18% 8.04% 99.84% 0.16%
457,207,262 200,000 12,636,300 27,486,319 490,362,105 200,000 47,478,963
2 Election of Director - Mr Ian Gordon Ordinary Carried
97.27% 0.04% 2.69% 99.96% 0.04%
3 Ratification of previous issue of Shares - 442,820,835 950,439 1,079,157 489,637 484,411,179 950,439 489,637
Ordinary Carried
August 2020 Placement 99.55% 0.21% 0.24% 99.80% 0.20%
4 Ratification of prior issue of Shares under 450,180,877 1,129,964 1,079,157 489,637 491,449,792 1,129,964 489,637
Ordinary Carried
Placement - 7.1 Capacity 99.51% 0.25% 0.24% 99.77% 0.23%
5 Ratification of prior issue of Shares under 450,180,877 1,129,964 1,079,157 489,637 491,449,792 1,129,964 489,637
Ordinary Carried
Placement - 7.1A Capacity 99.51% 0.25% 0.24% 99.77% 0.23%
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Employee Incentive Scheme - Dreadnought 139,610,291 5,315,429 12,795,823 596,925 170,697,385 5,315,429 824,197
Ordinary Carried
Employee Option Plan 88.52% 3.37% 8.11% 96.98% 3.02%
7 Approval of issue Options to Employee - 478,586,313 5,929,820 12,636,300 377,448 531,733,800 5,929,820 377,448
Ordinary Carried
Nick Chapman 96.27% 1.19% 2.54% 98.90% 1.10%
8 Approval of issue Options to Employee - 478,752,980 5,863,153 12,636,300 277,448 531,900,467 5,863,153 277,448
Ordinary Carried
Matthew Crowe 96.28% 1.18% 2.54% 98.91% 1.09%
9 Approval to Issue Options to Paul Chapman 139,562,567 5,863,153 12,795,823 96,925 170,876,933 5,863,153 96,925
Ordinary Carried
under the Dreadnought Employee Option Plan 88.20% 3.71% 8.09% 96.68% 3.32%
482,237,853 1,899,280 12,636,300 756,448 535,385,340 1,899,280 756,448
10 Approval of 10% Issuance Capacity Special Carried
97.08% 0.38% 2.54% 99.65% 0.35%
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• Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.