IRON BEAR RESOURCES LTD — Director's Dealing 2024

Dec 8, 2024

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 CYCLONE METALS 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	6 December 2024

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 therelevant interest.	(1) Halle Woody Pty Ltd < The Woody S/FA/C>, a company and fund controlledby Mr Turner.(2) Marnichar Nominees Pty Ltd ATF theHallemar Trust
Date of change	6 December 2024
No. of securities held prior to change	Indirect: (1)186,150 Fully Paid Ordinary SharesIndirect: (2)1,933,334 Fully Paid Ordinary Shares1,000,000 Unlisted Class B Incentive Options($0.10 expiring 5 December 2025)500,000 Unlisted Class C Incentive Options($0.20 expiring 5 December 2026)
Class	Fully Paid Ordinary Shares
Number acquired	1,059,742

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	Nil
Value/Consideration	$0.016 per share
Note: If consideration is non-cash, provide details and
estimated valuation
No. of securities held after change	Indirect: (1)
	279,225 Fully Paid Ordinary Shares
	Indirect: (2)
	2,900,001 Fully Paid Ordinary Shares
	1,000,000 Unlisted Class B Incentive Options
	($0.10 expiring 5 December 2025)
	500,000 Unlisted Class C Incentive Options
	($0.20 expiring 5 December 2026)
Nature of change	Participation in rights issue
Example: on-market trade, off-market trade, exercise of
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	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which	N/A
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details
and an estimated valuation
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

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

9 December 2024

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3