DREADNOUGHT RESOURCES LTD — Director's Dealing 2021

Apr 8, 2021

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	19 October 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.	Stone Poneys Nominees Pty Ltd as trustee for theChapman Super Fund of which Mr Paul Chapmanis a beneficiaryMitzee Nominees Pty Ltd <Tracey’s Super A/C> aDirector Related entity.
Date of change	19/10/2020
No. of securities held prior to change	Stone Poneys Nominees Pty Ltd <Chapman SuperFund A/c>i)285,042,759OrdinaryFullyPaidSharesii)10,000,000 Options over Ordinary FullyPaid Shares exercisable at $0.01 peroption on or before 3 April 2024Mitzee Nominees Pty Ltd <Tracey’s Super A/C>i)1,587,302 Ordinary Fully Paid SharesPaul Ian Chapman7,500,000 OrdinaryFullyPaid Shares

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	a)Fully Paid Ordinary Sharesb)Options over Ordinary Fully PaidShares exercisable at $0.01 per optionon or before 3 April 2024
Number acquired	a) 10,000,000 Fully Paid Ordinary Shares
Number disposed	b) 10,000,000 Options over Ordinary FullyPaid Shares exercisable at $0.01 peroption on or before 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)295,042,759OrdinaryFullyPaidSharesMitzee 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 tothe market 8 April 2021

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what date wasthis provided?	N/A

Date: 9 April 2021

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3