EQ RESOURCES LIMITED — Director's Dealing 2021

Dec 13, 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 EQ Resources Limited ABN 77 115 009 106

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	Richard Damon Morrow
Date of last notice	27 May 2021

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	Indirect
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the
relevant interest.
MR R D & MRS C J MORROW <RD&CJ	319,471 fully paid ordinary shares
MORROW FAMILY SF A/C>
YAVERN CREEK HOLDINGS PTY LTD (director	4,422,000 fully paid ordinary shares
and shareholder)
	4,000,000 unlisted options
Mr Morrow is a Director and beneficiary of
the above entities which are the registered
holder of the securities
Date of change	14 December 2021

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

	No. of securities held prior to change	No. of securities held prior to change	No. of securities held prior to change	No. of securities held prior to change		Indirect	Indirect	Indirect	Indirect	Indirect	Indirect
						4,44,0	22,000 fully00,000 unlis	paid ordited optio	nary sharesns, vesting as follows:
						•of S•of Sexeyea	Tranche 1hareholderTranche 2hareholderrcisable atrs from issu	: 50% at’s approv: 50% atapproval$0.06 (6e date (2	12-month anniversaryal; and24-month anniversary cents) each, expiring 35 May 2024).
	Class					Full	y paid ordi	nary share	s
	Number	acquired				319	,471 Fully p	aid ordin	ary shares
	Number	disposed				-
	Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation					$16,912.49 ($0.052939)
	No. of securities held after change					Indirect319,471 fully paid ordinary shares4,422,000 fully paid ordinary shares4,000,000 unlisted options, vesting as follows:•Tranche 1: 50% at 12-month anniversaryof Shareholder’s approval; and•Tranche 2: 50% at 24-month anniversaryof Shareholder approvalexercisable at $0.06 (6 cents) each, expiring 3years from issue date (25 May 2024).
	Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participationin buy-back					On market acquisition

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which interest	N/A
related prior to change
Note: Details are only required for a contract in relation to which the
interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and an estimated
valuation
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or	No
contracts detailed above traded during a
+closed period where prior written clearance
was required?
If so, was prior written clearance provided to	N/A
allow the trade to proceed during this
period?
If prior written clearance was provided, on	N/A
what date was this provided?

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3