FLAGSHIP MINERALS LIMITED — Director's Dealing 2021

Sep 30, 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 PAN ASIA METALS LIMITED ABN 639 599 554

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	David Docherty
Date of last notice	7 July 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 circumstancesgiving rise to the relevant interest.	Sydney Equities Pty Ltd – ShareholderSydney Equities Pty Ltd -BeneficiaryThai Goldfields NL – Director and shareholder
Date of change	27 September 2021
No. of securities held prior to change	22,053,268 fully paid ordinary shares
Class	Fully paid ordinary shares
Number acquired	75,000 – Sydney Equities Pty Ltd75,000 – SydneyEquities Superfund
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	$30,000 – Sydney Equities Pty Ltd$30,000 – Sydney Equities Superfund

+ See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

22,203,268 fully paid ordinary shares No. of securities held after change Nature of change Example: on-market trade, off-market trade, exercise of Issue of shares under share purchase plan. options, issue of securities under dividend reinvestment plan, participation in buy-back

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	-
Nature of interest	-
Name of registered holder(if issued securities)	-
Date of change	-
No. and class of securities to which interest relatedprior to changeNote: Details are only required for a contract inrelation to which the interest has changed	-
Interest acquired	-
Interest disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation	-
Interest after change	-

Part 3 –[+] Closed period

Were the interests in the securities or contractsdetailed above traded during a+closed period whereprior written clearance was required?	No
If so, was prior written clearance provided to allowthe trade to proceed during this period?	-
If prior written clearance was provided, on what datewas this provided?	-

+ See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1