LCL RESOURCES LIMITED — Director's Dealing 2020

Oct 22, 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	LOS CERROS LIMITED
ABN	43 119 759 349

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	Jason Stirbinskis
Date of last notice	26 June 2020

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.

	Name of Director	Jason Stirbinskis	Jason Stirbinskis	Jason Stirbinskis	Jason Stirbinskis	Jason Stirbinskis	Jason Stirbinskis	Jason Stirbinskis
	Date of last notice	26 June 2020
Part 1 - Change of director’s relevant interests in securitiesIn the case of a trust, this includes interests in the trust made available by the responsible entity of the trustNote: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should bedisclosed in this part.Direct or indirect interestDirect & IndirectNature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.IndirectMr Jason Stirbinskis and Mrs Miki Stirbinskis <JM S/F A/C>Date of change23 October 2020No. of securities held prior to changeDirect6,000,000 options, exercise price of 13.5 cenexpiring 30 September 20241,875,000 Class A Unquoted Options, exerciprice of 32 cents expiring 1 July 20231Indirect616,667 Ordinary Shares (post consolidation)1,908,334 Quoted Options, exercise price ofcents expiring 16 August 2021225,000 Unquoted Options, exercise price ofcents expiring 6 April 2022225,000 Unquoted Options, exercise price ofcents expiring 18 May 2022
		rests in securitiesst made available by the responsible entity of the trustparagraph (i) of the definition of “notifiable interest of a director” should be
	Direct or indirect interest			Direct & Indirect
	Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.			IndirectMr Jason Stirbinskis and Mrs Miki Stirbinskis <JM S/F A/C>				&
	Date of change			23 October 2020
	No. of securities held prior to change			Direct6,000,000 options, exercise price of 13.5 cenexpiring 30 September 20241,875,000 Class A Unquoted Options, exerciprice of 32 cents expiring 1 July 20231Indirect616,667 Ordinary Shares (post consolidation)1,908,334 Quoted Options, exercise price ofcents expiring 16 August 2021225,000 Unquoted Options, exercise price ofcents expiring 6 April 2022225,000 Unquoted Options, exercise price ofcents expiring 18 May 2022				tsse16102

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	1. LCLPR6 - Performance Rights2. LCLPR7 – Performance Rights3. LCLPR8 – Performance Rights
Number acquired	1. 2,000,0002. 3,500,0003. 3,500,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil
No. of securities held after change	Direct6,000,000 options, exercise price of 13.5 centsexpiring 30 September 20241,875,000 Class A Unquoted Options, exerciseprice of 32 cents expiring 1 July 20232,000,000 - LCLPR6 Performance Rights3,500,000- LCLPR7 Performance Rights3,500,000 - LCLPR8 Performance RightsIndirect616,667 Ordinary Shares (post consolidation)1,908,334 Quoted Options, exercise price of 16cents expiring 16 August 2021225,000 Unquoted Options, exercise price of 10cents expiring 6 April 2022225,000 Unquoted Options, exercise price of 2cents expiring 18 May 2022
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Issue of performance rights as approved byShareholders at the General Meeting held on 23October 2020

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	-

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Name of registered holder	-
(if issued securities)
Date of change	-
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
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 –+Closed period
Were the interests in the securities or contracts detailed above	No
traded during a+closed period where prior written clearance
was required?
If so, was prior written clearance provided to allow the trade to	N/A
proceed during this period?
If prior written clearance was provided, on what date was this	N/A
provided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3