HELIX RESOURCES LIMITED — Director's Dealing 2021

Jan 10, 2021

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 HELIX RESOURCES LIMITED ABN 27 009 138 738

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	MICHAEL ROSENSTREICH
Date of appointment	11 JANUARY 2021

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

Nil

• See chapter 19 for defined terms.

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Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Number & class of Securities Note: Provide details of the circumstances giving rise to the relevant interest. 1,000,000 Fully Paid Ordinary Shares Mike and Wendy Rosenstreich

Part 3 – 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	Employment agreement
Nature of interest	Indirect
Name of registered holder(if issued securities)	Mike and Wendy Rosenstreich

• See chapter 19 for defined terms.

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Appendix 3X Initial Director’s Interest Notice

	No. and class of securities to whichinterest relates	Refer to ASX announcement dated 14 December2020:o 10,000,000 (Full Time) unlistedPerformanceOptions(ZeroPriced Options) issued in threetranches (21%, 37% and 42%)with vesting dependent upon thesatisfactionofspecificperformance hurdles, includingincreasing the Company’s shareprice, achieving certain MineralResource milestones and within atwo year measurement periodending 11 January 2023.o During the Initial Engagement,the vesting of the PerformanceOptions will be pro-rata of theFull Time allocation. This meansthe base Performance Optionsissuedperhurdlewillbe6,000,000xthetranchepercentageatthathurdle.PerformanceOptionswillotherwise be issued on terms andconditions in accordance with theIncentive Plan Rules (includingthat the Performance Options willlapse if the Executive ceases to bean ‘Eligible Participant’ under theIncentive Plan Rules).Issues are subject to shareholder approval.

• See chapter 19 for defined terms.

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