IONDRIVE LIMITED — Director's Dealing 2020

May 13, 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 30/09/01 Amended 01/01/11

Name of entity SOUTHERN GOLD LIMITED ABN 30 107 424 519

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	PETER BAMFORD
Date of last notice	18 October 2019

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 relevantinterest.	•Bamford Super Fund
Date of change	•14 May 2020
No. of securities held prior to change	•266,667 Fully paid ordinary shares•33,334Unlistedoptionsexercisable at 18 cents on orbefore 31 December 2021•400,000Unlistedoptionsexercisable at 24 cents on orbefore 9 October 2023
Class	•Fully paid ordinary shares
Number acquired	•140,000
Number disposed	•Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	•10 cents per share

• 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	Indirect
	•	406,667 Fully paid ordinary shares
	•	33,334	Unlisted	options
		exercisable	at 18 cents	on	or
		before 31 December 2021
	•	400,000	Unlisted	options
		exercisable	at 24 cents	on	or
		before 9 October 2023
Nature of change	•	Placement,	asapproved		by
Example: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-		Shareholders on 7 May 2020
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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.

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----- Start of picture text ----- Detail of contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changedInterest acquiredInterest disposedValue/ConsiderationInterest after change----- End of picture text -----

Part 3 –[+] Closed period

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----- Start of picture text ----- Were the interests in the securities or contracts detailed above traded Noduring a [+] closed period where prior written clearance was required?If so, was prior written clearance provided to allow the trade toproceed during this period?If prior written clearance was provided, on what date was thisprovided?----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011