INDIANA RESOURCES LIMITED — Director's Dealing 2021

Jul 15, 2021

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	Robert Adam
Date of last notice	24 February 2021

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 (1)
Nature of indirect interest(including registered holder)Note: Provide details of the circumstancesgiving rise to the relevant interest.	Indirect (1)- held by RAAMPB Pty Ltd , anentity controlled by the Director;
Date of change	15 July 2021
No. of securities held prior tochange	Indirect (1) – held by RAAMPB Pty Ltd (i)2,584,878 Ordinary Fully Paid Shares;(ii)400,000 Unlisted Options exercisable at $0.09 on or before 16August 2023;(iii)400,000 Unlisted Options exercisable at $0.12 on or before 16August 2023;(iv)1,000,000 Unlisted Options exercisable at $0.04 on or before 5October 2023;(v)1,500,000 Unlisted Options exercisable at $0.07 on or before 5October 2023;(vi)651,159 Listed Options exercisable at $0.03 on or before 5 August2021.
Class	Indirect (1)(vi) Listed Options exercisable at $0.03 on or before 5 August 2021

• See chapter 19 for defined terms.

16/4/2012

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	-
Number disposed	-
Value/Consideration	(vi) $19,534
Note: If consideration is non-cash, provide
details and estimated valuation
No. of securities held after	Indirect	(1) – held by RAAMPB Pty Ltd
change
	(i)	3,236,037 Ordinary Fully Paid Shares;
	(ii)	400,000 Unlisted Options exercisable at $0.09 on or before 16
		August 2023;
	(iii)	400,000 Unlisted Options exercisable at $0.12 on or before 16
		August 2023;
	(iv)	1,000,000 Unlisted Options exercisable at $0.04 on or before 5
		October 2023;
	(v)	1,500,000 Unlisted Options exercisable at $0.07 on or before 5
		October 2023;
Nature of change	Conversion of 651,159 Listed Options exercisable at $0.03 each on or before
Example: on-market trade, off-market trade,exercise of options, issue of securities under	5 August	2021 into Ordinary Fully Paid Shares.
dividend reinvestment plan, participation in
buy-back

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	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to	N/A
which interest related prior to
change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and
an estimated valuation

• 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

Were the interests in the securities or contracts detailed N/A 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 was N/A this provided?

• See chapter 19 for defined terms.

16/4/2012

Appendix 3Y Page 3