INDIANA RESOURCES LIMITED — Director's Dealing 2020

Oct 4, 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	7 August 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 (3)
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Indirect (1) - held by Laclos Pty Ltd (‘Laclos’), an entity controlled by the Director; Indirect (2) – held by S & B Barnes Family Trust (‘SBBFT’), an entity controlled by the Director; Indirect (3) – held by Bronwyn Barnes Family Trust (‘BBFT’), an entity controlled by the Director.
Date of change	2 October 2020

• 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	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 14 January 2023; (iii) 800,000 Unlisted Options exercisable at $0.12 on or before 14 January 2023; (iv) 1,541,616 Listed Options exercisable at $0.03 on or before 5 August 2021. Indirect (2) – held by SBBFT (i) 6,734,168 Ordinary Fully Paid Shares; (ii) 2,000,000 Unlisted Options exercisable at $0.125 on or before 30 November 2020; (iii) 1,500,000 Unlisted Options exercisable at $0.04 on or before 5 October 2023; (iv) 2,000,000 Unlisted Options exercisable at $0.07 on or before 5 October 2023; (v) 5,050,626 Listed Options exercisable at $0.03 on or before 5 August 2021. Indirect (3) – held by BBFT (i) 4,500,000 Ordinary Fully Paid Shares.
Class	Indirect (3) (ii) Unlisted Options exercisable at $0.00 on or before 7 February 2021
Number acquired	Indirect (3) (ii) 4,500,000
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Indirect (3) (ii) Nil – pursuant to Executive Chair Agreement. (refer to ASX announcements dated 7 & 10 February 2020)

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

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 14 January 2023; (iii) 800,000 Unlisted Options exercisable at $0.12 on or before 14 January 2023; (iv) 1,541,616 Listed Options exercisable at $0.03 on or before 5 August 2021. Indirect (2) – held by SBBFT (i) 6,734,168 Ordinary Fully Paid Shares; (ii) 2,000,000 Unlisted Options exercisable at $0.125 on or before 30 November 2020; (iii) 1,500,000 Unlisted Options exercisable at $0.04 on or before 5 October 2023; (iv) 2,000,000 Unlisted Options exercisable at $0.07 on or before 5 October 2023; (v) 5,050,626 Listed Options exercisable at $0.03 on or before 5 August 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 7 February 2021.

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Indirect (3) (ii) Issue and allotment of 4,500,000 Type 1(c) Executive Chair Unlisted Options as a result of milestone being achieved, and as approved by shareholders at General Meeting held 7 July 2020.

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	N/A
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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