IRON BEAR RESOURCES LTD — Director's Dealing 2024

Dec 5, 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	7 November 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	(1) Halle Woody Pty Ltd < The Woody S/F
(including registered holder)	A/C>, a company and fund controlled
Note: Provide details of the circumstances giving rise to therelevant interest.	by Mr Turner.(2) Marnichar Nominees Pty Ltd ATF the
	Hallemar Trust
Date of change	5 December 2024
No. of securities held prior to change	Indirect: (1)
	186,150 Fully Paid Ordinary Shares
	Indirect: (2)
	1,933,334 Fully Paid Ordinary Shares
	1,000,000 Unlisted Class A Incentive Options
	($0.06 expiring 5 December 2024)
	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)
Class	Unlisted Class A Incentive Options ($0.06
	expiring 5 December 2024)

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

	Num	Num
		Num	ber acquired		Nil
		Num	ber disposed		1,000,0	00
		ValNote	e/Consideration: If consideration is non-cash, provide	details and	N/a
		estim	ated valuation
		No.	of securities held after change		Indirect	: (1)
					186150	Full Paid Ordi	ar Shares
					,Indirect	y: (2)	y
					1,933,3	34 Fully Paid Or	dinary Share	s
					1,000,0($010 e	0 Unlisted Claxpiring 5 Decem	s B Incentivber 2025)	e Options
					.
					500,000	Unlisted Class	C Incentiv	e Options
					020	ii 5 D	b 2026
					($. e	xprng ece	er )
		Nat	re of chane		Exir o	f otions
		E	gl kt td ffkt td	i f	py	p
		xa	pe: on-mare rae, o-mare rae	, exercse o
		optioparti	ns, issue of securities under dividend reinvcipation in buy-back	estment plan,

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.

		hange of director’s interests in contracts	hange of director’s interests in contracts
		se of a company, interests which come within paragraph (ii) of		the definition of “notifiable int	erest of a director” should
	be disclosed in	this part.
	Detail of	contract	N/A
	Nature of interest	interest	N/A
	N f itd hld		NA
	ame o regsere oer(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 inrelation to which the interest has changed
	Interest acquired		N/A
	Interest disposed		N/A
	Value/ConsiderationNote: If consideration is non-cash, provide details		N/A
	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

6 December 2024

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3