ESTRELLA RESOURCES LIMITED — Director's Dealing 2022

Feb 9, 2022

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	Estrella Resources Limited
ABN	39 151 155 207

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	Neil Hutchison
Date of last notice	29 January 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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	9 February 2022
No. of securities held prior to change	Neil Hutchison & Joyce Hutchison 800,000 Fully Paid Ordinary Shares 2,000,000 Unlisted options exercisable at $0.20 and expire on 17 November 2023
Class	Fully paid Ordinary Shares
Number acquired	2,488,200
Number disposed	Nil

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y

Change of Director’s Interest Notice

Value/Consideration

Value/Consideration Nil - converted into Fully paid ordinary

Note: If consideration is non-cash, provide details and estimated valuation shares at $0.01 per share.

No. of securities held after change	Neil Hutchison & Joyce Hutchison 3,288,200 Fully Paid Ordinary Shares 2,000,000 Unlisted options exercisable at $0.20 and expire on 17 November 2023
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Conversion of convertible notes

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	Unlisted Convertible Note (unsecured) with a principal face value of $20,000, interest rate of 12% and maturity date of 25 February 2022.
Nature of interest	Direct
Name of registered holder (if issued securities)	Neil Hutchison & Joyce Hutchison A/c>
Date of change	9 February 2022
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	Principal of $20,000 and accrued interest convert into fully paid ordinary shares at $0.01 per share on the terms announced to ASX on 31 January 2020.
Interest acquired	Nil
Interest disposed	Principal of $20,000 and accrued interest of $4,882.
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	Nil – converted into Fully paid ordinary shares at $0.01 per share.
Interest after change	Nil

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3