INDIANA RESOURCES LIMITED — Director's Dealing 2019

Jan 28, 2019

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: INDIANA RESOURCES LIMITED

ABN: 009 129 560

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	Robert Adam
Date of appointment	25 January 2019

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

Subject to the approval of shareholders of Indiana Resources Limited, to be sought at the next general meeting:

• 400,000 options exercisable for a period of four years from the date of grant at an exercise price of $0.09 per share; and

• 400,000 options exercisable for a period of four years from the date of grant at an exercise price of $0.12 per share.

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

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 Number & class of Securities interest Note: Provide details of the circumstances giving rise to the relevant interest. The Adam Superannuation Fund 233,334 fully paid ordinary shares (self-managed superannuation fund)

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.

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Detail of contract N/A
Nature of interest
Name of registered holder
(if issued securities)
No. and class of securities to
which interest relates
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• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002