INFINITY MINING LIMITED — Director's Dealing 2023

Oct 2, 2023

Infinity Mining Limited ABN: 73 609 482 180

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P: +61 7 3221 1796

A: Suite 1G, Building 1, Kings Row Office Park 40-52 McDougall Street, MILTON QLD 4064, Australia

W: infinitymining.com.au

3 October 2023

The Manager Market Announcements Office Australian Securities Exchange

Dear Manager,

Appendix 3Ys – Late Lodgement Notice

Please find attached Appendix 3Ys “Change of Director’s Interest Notice” for Josephus Antonio Groot, Michael Kale, Alan Joseph Phillips and Harley Groot relating to options in Infinity Mining Limited acquired on 20 September 2023.

In relation to the late lodgement of the attached Appendix 3Ys, we advise as follows:

1. The Appendix 3Ys are being lodged late due to an administrative oversight. As soon as the oversight was identified, the documents were prepared and lodged with ASX.

2. Infinity Mining Limited and the directors are aware of their obligations under ASX Listing Rules 3.19A and 3.19B. The late lodgement is due to an administrative oversight in the Company Secretariat team.

3. Infinity Mining Limited considers that the late lodgement is an isolated incident and believes that its current practices are adequate to ensure compliance with the ASX Listing Rules.

Yours sincerely

Joe Phillips Executive Chairman

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 30/09/01 Amended 01/01/11

Name of entity	Infinity Mining Limited
ABN	73 609 482 180

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 Josephus Antonio Groot

Date of last notice 25 August 2023

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 Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. Date of change No. of securities held prior to change		Direct and Indirect
		Zanil Pty Ltd, Christine Anne Groot and Mr Josephus Groot + Mrs Christine Groot
		(1) 20 September 2023 (2) 27 September 2023
	Direct 1,569,708 Ordinary shares Indirect a) Zanil Pty Ltd 10,000,000 Ordinary shares b) Christine Anne Groot 202,500 Ordinary shares c) Mr Josephus Groot + Mrs Christine Groot 2,055,990 Ordinary shares

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	(1) Options (2) Ordinary shares
Number acquired/transferred	(1) 3,457,048 (2) 117,588
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	(1) - (2) $0.135
No. of securities held after change	Direct 1,569,708 Ordinary shares 392,426 Options exercise price $0.20 expiring 19 September 2024 Indirect a) Zanil Pty Ltd 10,000,000 Ordinary shares 2,500,000 Options exercise price $0.20 expiring 19 September 2024 b) Christine Anne Groot 202,500 Ordinary shares 50,625 Options exercise price $0.20 expiring 19 September 2024 c) Mr Josephus Groot + Mrs Christine Groot 2,173,578 Ordinary shares 513,997 Options exercise price $0.20 expiring 19 September 2024
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	(1) Pro rata non-renounceable issue of Bonus Options (2)On market trade.

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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
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?	No
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.

01/01/2011 Appendix 3Y Page 3

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 30/09/01 Amended 01/01/11

Name of entity	Infinity Mining Limited
ABN	73 609 482 180

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	Michael Kale
Date of last notice	16 June 2023

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	Direct and Indirect	Direct and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	M.P.K.I Pty Ltd
Date of change	(1) 20 September 2023 (2) 29 September 2023
No. of securities held prior to change		Indirect 255,000 Ordinary shares Direct 496,511 Ordinary shares
Class	(1) Options (2) Ordinary shares
Number acquired	(1) 187,877 (2) 48,187
Number disposed	-

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	(1) – (2) $0.11	(1) – (2) $0.11
No. of securities held after change		Indirect 255,000 Ordinary shares 63,750 Options exercise price $0.20 expiring 19 September 2024 Direct 544,698 Ordinary shares 124,127 Options exercise price $0.20 expiring 19 September 2024
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	(1)Pro rata non-renounceable issue of Bonus Options (2)On Market trade.

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
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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?	No
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.

01/01/2011 Appendix 3Y Page 3

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 30/09/01 Amended 01/01/11

Name of entity	Infinity Mining Limited
ABN	73 609 482 180

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	Alan Joseph Phillips
Date of last notice	5 June 2023

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		First Apollo Capital Pty Ltd and Unlimited Business Strategies Pty Ltd No1 Family A/C>
Date of change		20 September 2023
No. of securities held prior to change	Indirect a) First Apollo Capital Pty Ltd 952,546 Ordinary shares b) Unlimited Business Strategies Pty Ltd 650,000 Ordinary Shares
Class	Options
Number acquired	400,636
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	-

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Indirect a) First Apollo Capital Pty Ltd 952,546 Ordinary shares 238,136 Options exercise price $0.20 expiring 19 September 2024 b) Unlimited Business Strategies Pty Ltd 650,000 Ordinary Shares 162,500 Options exercise price $0.20 expiring 19 September 2024
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Pro rata non-renounceable issue of Bonus Options.

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
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

Were the interests in the securities or contracts detailed above No traded during a[+] closed period where prior written clearance was required?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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.

01/01/2011 Appendix 3Y Page 3

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 30/09/01 Amended 01/01/11

Name of entity	Infinity Mining Limited
ABN	73 609 482 180

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	Harley Groot
Date of last notice	24 March 2023

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		Direct and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		Eloise Sarah Ewen
Date of change		20 September 2023
No. of securities held prior to change		Direct 800,000 Ordinary shares Indirect 500,000 Ordinary shares
Class		Options
Number acquired		325,000

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed		-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		-
No. of securities held after change		Direct 800,000 Ordinary shares 200,000 Options exercise price $0.20 expiring 19 September 2024 Indirect 500,000 Ordinary shares 125,000 Options exercise price $0.20 expiring 19 September 2024
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		Pro rata non-renounceable issue of Bonus Options.

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.

Appendix 3Y Page 2

01/01/2011

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?	No
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.

01/01/2011 Appendix 3Y Page 3