GOLDARC RESOURCES LIMITED — Director's Dealing 2021

Feb 4, 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: TORIAN RESOURCES LIMITED ABN: 72 002 261 565

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	Mr Peretz Schapiro
Date of last notice	7 August 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.	1. Peretz Schapiro2. Charidy Pty Ltd3. Sapphires Holdings Pty Ltd <SapphiresHoldings Family Trust>
Date of change	5 February2021
No. of securities held prior to change	1. 1,445,774 ordinary shares1. 477,912 options exercisable at $0.02expiring 7 February 20222. 4,233,334 options exercisable at $0.02expiring 7 February 20223. 3,000,000 options exercisable at $0.02expiring 7 February 2022
Class	1. Ordinary shares2. Options exercisable at $0.02 expiring 7February 20223. Options exercisable at $0.026 expiring 5February 2024
Number acquired	1. 3,333,333 TNR2. 2,222,222 TNRO3. 10,000,000 options
Number disposed	N/A

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	1. $0.03 per share2. Attaching placement options3. N/A
No. of securities held after change	1. 1,445,774 ordinary shares1. 477,912 options exercisable at $0.02expiring 7 February 20222. 3,333,333 ordinary shares2. 6,455,556 options exercisable at $0.02expiring 7 February 20223. 3,000,000 options exercisable at $0.02expiring 7 February 2022
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back	1. Participation in Placement as approvedby shareholders on 6 January 2021.2. Issue of incentive options followingshareholder approval on 6 January2021.

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 inrelationtowhichtheinteresthas changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details andanestimatedvaluation	N/A
Interest after change	N/A

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 N/A proceed during this period? If prior written clearance was provided, on what date was this N/A provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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: TORIAN RESOURCES LIMITED ABN: 72 002 261 565

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	Mr Paul Summers
Date of last notice	7 August 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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	1. NSFA Pty Ltd2. Summers Super Services Pty Ltd <Summers2020 Super Fund A/C>3. Beau Summers4. Antonietta Del Borrello5. Eagle River Holdings Pty Ltd
Date of change	5 February 2021
No. of securities held prior to change	1. 16,256,145 options exercisable at $0.02expiring 7 February 20222. 3,513,976 ordinary shares3. 746,728 ordinary shares3. 74,673 options exercisable at $0.02 expiring7 February 20224. 190,476 ordinary shares5. 628,720 ordinary shares5. 62,872 options exercisable at $0.02 expiring7 February 2022
Class	1. Ordinary shares2. Options exercisable at $0.02 expiring 7February 20223. Options exercisable at $0.026 expiring 5February 2024

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	1. 3,333,33 TNR
	2. 2,222,222 TNRO
	3. 2,000,000 options
Number disposed	N/A
Value/Consideration	1. $0.03 per share
Note: If consideration is non-cash, provide details and estimatedvaluation	2. Attaching placement options
	3. N/A
No. of securities held after change	1. 3,333,333 ordinary shares
	1. 18,340,822 options exercisable	at $0.02
	expiring 7 February 2022
	1. 2,000,000 options exercisable	at $0.026
	expiring 7 February 2024
	2. 3,513,976 ordinary shares
	3. 746,728 ordinary shares
	3. 74,673 options exercisable at $0.02 expiring
	7 February 2022
	4. 190,476 ordinary shares
	5. 628,720 ordinary shares
	5. 62,872 options exercisable at $0.02 expiring
	7 February 2022
Nature of change	1. Participation in Placement as approved by
Example: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan,participation in buy-back	shareholders on 6 January 2021.2. Issueofincentiveoptions	following
	shareholder approval on 6 January 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	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which	N/A
interest 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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above tradedduring a+closedperiod whereprior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceedduring 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