GORILLA GOLD MINES LTD — Director's Dealing 2021

Mar 29, 2021

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ASX ANNOUNCEMENT ASX Code: ONX

30 March 2021

CHANGE OF DIRECTOR’S INTEREST

In accordance with Listing Rules 3.19A.2, Orminex Limited (‘ Orminex ’ or ‘ the Company ’; ASX: ONX) attaches to this announcement the Appendix 3Y for a change in the security holdings of Mr Ross Graham, alternate Director to Mr Michael Foulds.

Orminex is pleased to report that Mr Graham increased his shareholding through the exercise of 684,932 unlisted options with an exercise price of 3 cents and expiry of 15 April 2021.

Mr Graham has also elected, by way of off market transfer, to sell 3,490,042 shares to Mr Matthew Nixon, recently appointed Chief Operating Officer of Orminex. The sale has been agreed in order to properly incentivise Mr Nixon while an appropriate Performance Incentive Plan is implemented by the Company, subject to the necessary approvals.

Commenting on the sale, Mr Nixon said:

DIRECTORS & MANAGEMENT

Michael Foulds Non-Executive Director Dean Hely Non-Executive Director Wayne McGrath Non-Executive Director Matthew Nixon Chief Operating Officer Kelly Moore Company Secretary

Share Capital – 541,569,607 Unlisted Options – 6,984,616

“I am very pleased at the opportunity to accept a shareholder position in Orminex as we look towards an exciting journey of growth and value addition for the Company and for all shareholders.”

This announcement has been authorised and approved for release by the Board of Orminex.

Investor enquiries:

Matthew Nixon Chief Operating Officer admin@orminex.com.au

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Follow @Orminex on Twitter

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Follow Orminex Limited on LinkedIn

A: Suite 5, Level 1, 460 Roberts Road, SUBIACO WA 6008

P: PO Box 1473, SUBIACO WA 6904

PH: +61 8 6149 1550

e: admin@orminex.com.au www.orminex.com.au

ACN: 008 740 672 ABN: 45 008 740 672

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 30/9/2001.

Name of entity Orminex Limited ACN 008 740 672

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	Ross Graham
Date of last notice	15 January 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.	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	a). Indirect b). Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	a). Rolen Pty Ltd – Director b). Rolen Pty Ltd – Director
Date of change	a). 29 March 2021 b). 26 March 2021
No. of securities held prior to change	Rolen Pty Ltd – Director - 103,490,042 fully paid ordinary shares - 684,932 unlisted options with an exercise price of 3 cents, expiring on 15 April 2021. Graham Enterprises (Aust) Pty Ltd – Director - 538,797 fully paid ordinary shares Citylight Asset Pty Ltd ATF Graham Superannuation Fund – Trustee - 2,386,177 fully paid ordinary shares Carlowen Pty Ltd ATF Carlowen Unit Trust – Director and beneficiary (50%) - 13,333,333 fully paid ordinary shares
Class	a). Ordinary shares b). Ordinary shares
Number acquired	a). 684,932 via exercise of options
Number disposed	b). 3,490,042 via off market transfer

• See chapter 19 for defined terms.

Appendix 3Y Page 1

14/02/2014

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	a). $20,547.96 b). $87,251.05
No. of securities held after change	Rolen Pty Ltd – Director - 100,684,932 fully paid ordinary shares Graham Enterprises (Aust) Pty Ltd – Director - 538,797 fully paid ordinary shares Citylight Asset Pty Ltd ATF Graham Superannuation Fund – Trustee - 2,386,177 fully paid ordinary shares Carlowen Pty Ltd ATF Carlowen Unit Trust – Director and beneficiary (50%) - 13,333,333 fully paid ordinary shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	a). Exercise of options b). Off market transfer

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.

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Detail of contract N/A
Nature of interest
Name of registered holder
(if issued securities)
Date of change
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
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change
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• See chapter 19 for defined terms. Appendix 3Y Page 2

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

Appendix 3Y Page 3

14/02/2014