INDIANA RESOURCES LIMITED — Director's Dealing 2020

Nov 24, 2020

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 Indiana Resources Limited ABN 67 009 129 560

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	Bronwyn Barnes
Date of last notice	14 October 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 (2)
Nature of indirect interest	Indirect (1)- held by Laclos Pty Ltd (‘Laclos’), an entity controlled by the
(including registered holder)	Director;
Note: Provide details of the circumstancesgiving rise to the relevant interest.	Indirect (2)– held by S & B Barnes Family Trust (‘SBBFT’), an entitycontrolled by the Director;
	Indirect (3)– held by Bronwyn Barnes Family Trust (‘BBFT’), an entity
	controlled by the Director.
Date of change	25 November 2020

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior tochange	Indirect (1) – held by Laclos(i)2,055,487 Ordinary Fully Paid Shares;(ii)800,000 Unlisted Options exercisable at $0.09 on or before 14January 2023;(iii)800,000 Unlisted Options exercisable at $0.12 on or before 14January 2023;(iv)1,541,616 Listed Options exercisable at $0.03 on or before 5August 2021.Indirect (2) – held by SBBFT(i)8,484,794 Ordinary Fully Paid Shares;(ii)2,000,000 Unlisted Options exercisable at $0.125 on or before 23November 2020;(iii)1,500,000 Unlisted Options exercisable at $0.04 on or before 5October 2023;(iv)2,000,000 Unlisted Options exercisable at $0.07 on or before 5October 2023;(v)3,300,000 Listed Options exercisable at $0.03 on or before 5August 2021.Indirect (3) – held by BBFT(i)4,500,000 Ordinary Fully Paid Shares;(ii)4,500,000 Unlisted Options exercisable at $0.00 on or before 7February 2021.
Class	Indirect (2)(ii) Unlisted Options exercisable at $0.125 on or before 23 November 2020
Number acquired	-
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held afterchange

Indirect (1) – held by Laclos(i)2,055,487 Ordinary Fully Paid Shares;(ii)800,000 Unlisted Options exercisable at $0.09 on or before 14January 2023;(iii)800,000 Unlisted Options exercisable at $0.12 on or before 14January 2023;(iv)1,541,616 Listed Options exercisable at $0.03 on or before 5August 2021.Indirect (2) – held by SBBFT(i)8,484,794 Ordinary Fully Paid Shares;(iii)1,500,000 Unlisted Options exercisable at $0.04 on or before 5October 2023;(iv)2,000,000 Unlisted Options exercisable at $0.07 on or before 5October 2023;(v)3,300,000 Listed Options exercisable at $0.03 on or before 5August 2021.Indirect (3) – held by BBFT(i)4,500,000 Ordinary Fully Paid Shares;(ii)4,500,000 Unlisted Options exercisable at $0.00 on or before 7February 2021.

Nature of changeExample: on-market trade, off-market trade,exercise of options, issue of securities underdividend reinvestment plan, participation inbuy-back

Unlisted Options exercisable at $0.125 have expired on 23 November 2020unexercised.

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 in relationto which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Interest after change N/A

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearancewas required?	N/A
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

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