IONDRIVE LIMITED — Director's Dealing 2021

Nov 4, 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 30/09/01 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	GREGORY COLIN BOULTON
Date of last notice	16 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
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving riseto the relevant interest.	The Greg Boulton Family Superannuation Fund
Date of change	1. 1 November 20212. 3 November 2021
No. of securities held prior to change	DIRECT•NilINDIRECT•3,778,256 Listed ordinary shares•600,000 Unlisted options exercisable at 24cents on or before 9 October 2023•286,148 Unlisted options exercisable at 18cents on or before 31 December 2021
Class	1. Unlisted options exercisable 24 cents on orbefore 9 October 2023.2. Unlisted options exercisable at 12 cents on orbefore 31 October 2025.

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number acquired	2.	900,000
Number disposed	1.	600,000
Value/Consideration	1.	Nil.
Note: If consideration is non-cash, provide detailsand estimated valuation	2.	Nil.
No. of securities held after change	DIRECT
	•	Nil
	INDIRECT
	•	3,778,256 Listed ordinary shares
	•	900,000 Unlisted options exercisable at 12
		cents on or before 31 October 2025.
	•	286,148 Unlisted options exercisable at 18
		cents on or before 31 December 2021
Nature of change	1.	Options cancelled.
Example: on-market trade, off-market trade, exerciseof options, issue of securities under dividendreinvestment plan, participation in buy-back	2.	Options issued to Directors as approved byShareholders on 29 October 2021.

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 Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Part 3 –+Closedperiod
Were the interests in the securities or contracts detailed above traded	No
during a+closed period where prior written clearance was required?
If so, was prior written clearance provided to allow the trade to
proceed during this period?
If prior written clearance was provided, on what date was this
provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011