EMMERSON RESOURCES LIMITED — Director's Dealing 2023

Nov 28, 2023

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 Emmerson Resources Limited ABN 53 117 086 745

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	Andrew McIlwain
Date of last notice	26 April 2022

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 and Indirect
Nature of indirect interest	Indirect interest held by Macfac Pty Ltd as
(including registered holder)Note: Provide details of the circumstances giving rise to the relevant interest.	trustee for McIlwain Family Super Fund ofwhich Mr McIlwain is a beneficiary
Date of change	27 November 2023
No. of securities held prior to change	Direct
	303,828fullypaidordinary	shares
	(ASX:ERM)
	Indirect
	1,716,099fullypaidordinary	shares
	(ASX:ERM)
	2,000,000 unquoted options exercisable at
	$0.14 and expiring 31 December 2023
	(ASX:ERMAD)
Class	Unquoted options (exercisable at $0.088 and
	expiring 23 November 2026)
Number acquired	3,000,000
Number disposed	Nil
Value/Consideration	Nil
Note: If consideration is non-cash, provide details and estimated valuation

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Direct
	303,828fullypaidordinaryshares
	(ASX:ERM)
	Indirect
	1,716,099fullypaidordinaryshares
	(ASX:ERM)
	2,000,000 unquoted options exercisable at
	$0.14 and expiring 31 December 2023
	(ASX:ERMAD)
	3,000,000 unquoted options exercisable at
	$0.088 and expiring 23 November 2026.
Nature of change	Issue of unquoted options approved by
Example: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	shareholders at the Company’s Annual
	General Meeting held on 16 November 2023.

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	Not applicable
Nature of interest	Not applicable
Name of registered holder	Not applicable
(if issued securities)
Date of change	Not applicable
No. and class of securities to which	Not applicable
interest related prior to change
Note: Details are only required for a contract in relation to
which the interest has changed
Interest acquired	Not applicable
Interest disposed	Not applicable
Value/Consideration	Not applicable
Note: If consideration is non-cash, provide details and an
estimated valuation
Interest after change	Not applicable

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded	No
during a+closed period where prior written clearance was required?
If so, was prior written clearance provided to allow the trade to proceed	Not applicable
during this period?
If prior written clearance was provided, on what date was this	Not applicable
provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2