GOLDARC RESOURCES LIMITED — Director's Dealing 2022

May 19, 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: ASRA MINERALS 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	16 February 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 & Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Mr Peretz Schapiro & Mrs Sterna Schapiro Charidy Pty Ltd Saphires Holdings Pty Ltd Family A/C> Breakout Star Holdings Pty Ltd Equity Plan Services Pty Ltd (an employee share trust in which Mr Schapiro is a beneficiary)
Date of change	16 May 2022
No. of securities held prior to change	15,712,575 ordinary shares 10,474,628 Options exercisable at $0.035 expiring 30 November 2023 10,000,000 Options exercisable at $0.026 expiring 7 February 2024 5,000,000 Performance Rights expiring 29 June 2024

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	Performance Rights expiring 15 May 2025
Number acquired	9,000,000 Performance Rights expiring 15 May 2025
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	-
No. of securities held after change	15,712,575 ordinary shares 10,474,628 Options exercisable at $0.035 expiring 30 November 2023 10,000,000 Options exercisable at $0.026 expiring 7 February 2024 5,000,000 Performance Rights expiring 29 June 2024 9,000,000 Performance Rights expiring 15 May 2025
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue as per Resolution 8 approved by shareholders on 16 May 2022.

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 which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a+closedperiod whereprior 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.

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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: ASRA MINERALS 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	22 February 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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	NSFA Pty Ltd Summers Super Services Pty Ltd Eagle River Holdings Pty Ltd Equity Plan Services Pty Ltd (an employee share trust in which Mr Summers is a beneficiary)
Date of change	16 May 2022

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	1. 21,674,155 Ordinary Shares (Amended from 21,674,822 due to an error in addition calculation on previous Appendix 3Y) 2,000,000 Options exercisable at $0.026 expiring 7 February 2024 14,448,857 options exercisable at $0.035 expiring on 30 November 2023 1,600,000 Class A Performance Rights expiring 29 June 2024 2,400,000 Class B Performance Rights expiring 29 June 2024 2. 3,513,976 Ordinary Shares 2,342,556 Options exercisable at $0.035 expiring on 30 November 2023 3. 821,401 Ordinary Shares 497,798 Options exercisable at $0.035 expiring on 30 November 2023 4. 190,476 Ordinary Shares 5. 691,592 Ordinary Shares
Class	1) Fully Paid Ordinary Shares Options exercisable at $0.035 expiring on 30 November 2023 2) Performance Rights expiring 15 May 2025
Number acquired	9,000,000 Performance Rights
Number disposed	1,011,877 ordinary shares 221,162 options exercisable at $0.035 expiring on 30 November 2023
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	-

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	25,879,723 Ordinary Shares 2,000,000 Options exercisable at $0.026 expiring 7 February 2024 17,068,049 Options exercisable at $0.035 expiring on 30 November 2023 4,000,000 Performance Rights expiring 29 June 2024 9,000,000 Performance Rights expiring 15 May 2025
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	1) Mr Summers is no longer the controlling beneficiary of the securities held by Mr Beau Summers and Ms Antonietta Del Borrello. 2) Issue as per Resolution 7 approved by shareholders on 16 May 2022.

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 which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

Were the interests in the securities or contracts detailed above traded during a+closedperiod whereprior 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.

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