IRON BEAR RESOURCES LTD — Director's Dealing 2020

Feb 20, 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 CAPE LAMBERT RESOURCES LIMITED ABN 71 095 047 920

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	Timothy Turner
Date of last notice	29 November 2012

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.	(1) Mr Timothy Paul Turner and Ms Marianne Turner as trustee of the Woody Superannuation Fund, a fund controlled by Mr Turner. (2) Halle Woody Pty Ltd < The Woody S/F A/C>, a company and fund controlled by Mr Turner.
Date of change	19 February 2020
No. of securities held prior to change	Indirect: (1) 1,500,000 Fully Paid Ordinary Shares Indirect: (2) 23,000 Fully Paid Ordinary Shares
Class	Fully paid ordinary shares
Number acquired	2,200,000
Number disposed	Nil

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration To satisfy debts owing of $22,000 Note: If consideration is non-cash, provide details and estimated valuation No. of securities held after change Indirect: (1) 1,500,000 Fully Paid Ordinary Shares Indirect: (2) 2,223,000 Fully Paid Ordinary Shares Nature of change Pursuant to shareholder approval at the Annual Example: on-market trade, off-market trade, exercise of General Meeting held on 11 February 2020. options, issue of securities under 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 (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 No above 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

21 February 2020

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3