IONIC RARE EARTHS LIMITED — Director's Dealing 2023

Dec 3, 2023

Appendix 3Y Change of Director’s Interest Notice

Appendix 3Y Change of Director’s Interest Notice

Name of entity IONIC RARE EARTHS LIMITED ABN 84 083 646 477

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	MR TIMOTHY HARRISON
Date of last notice	30 November 2022

Part 1 - Change of director’s relevant interests in securities

Direct or indirect interest	Direct
Nature of indirect interest(including registered holder)	Registered holder is Timel Holdings Pty Ltd <TMHHoldings A/C>. Mr Harrison is a director andshareholder of Timel Holdings Pty Ltd as well as abeneficiary of the TMH Holdings Trust
Date of change	30 November 2023
No. of securities held prior to change	Indirect20,000,000 Fully Paid Ordinary Shares10,000,000 options exercisable at $0.0646,700,000 Performance RightsDirect20,000,000 Options exercisable at $0.0215 each
Class	Options exercisable at $0.0215 each
Number acquired	-
Number disposed	20,000,000 options expired
Value/Consideration	-
No. of securities held after change	Indirect20,000,000 Fully Paid Ordinary Shares10,000,000 options exercisable at $0.0646,700,000 Performance Rights
Nature of changes	Lapse of Options

Part 2 – Change of director’s interests in contracts

NIL

Part 3 – Closed period

art 3 – Closed period
Were the interests in the securities or contracts detailed above traded duringa closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceedduring this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A