LCL RESOURCES LIMITED — Director's Dealing 2020

Jun 25, 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	Kevin Wilson
Date of last notice	23 April 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.

Direct or indirect interest	Direct & Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Mr Kevin Wilson & Mrs Jola Wilson <LincolnSuperfund No A/C>
Date of change	24 June 2020
No. of securities held prior to change	Direct2,083,334 Ordinary Shares (post consolidation)166,667 Quoted Options (post consolidation)exercise price of 16 cents expiring 16 August20212,000,000 Unquoted Options exercise price of13.5 cents expiring 30 September 2021625,000 Unquoted Options, exercise price of 10cents expiring 6 April 2022580,000 LTIP Performance Rights, expiring 31December 2020Indirect89,296 Ordinary Shares (post consolidation)143,288 Quoted Options (post consolidation)exercise price of 16 cents expiring 16 August2021

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

						ed Options, exercise price of 2 cents18 May 2022	ed Options, exercise price of 2 cents18 May 2022	ed Options, exercise price of 2 cents18 May 2022
Class					Unquotexpiring	ed Options, exercise price of 2 cents18 May 2022
Number ac		quired			625,000
Number di		sposed			Nil
Value/ConNote: If consivaluation		siderationderation is non-cash, provide details and estimated			Nil
No. of secu		rities held after change			Direct2,083,3166,667exercise	34 Ordinary Shares (post consolidation)Quoted Options (post consolidation)price of 16 cents expiring 16 August
					20212,000,013.5 cen625,000cents ex580,000DecembIndirect89,296143,288exercise2021	00 Unquoted Options exercise price ofts expiring 30 September 2021Unquoted Options, exercise price of 10piring 6 April 2022LTIP Performance Rights, expiring 31er 2020 Ordinary Shares (post consolidation)Quoted Options (post consolidation)price of 16 cents expiring 16 August
					625,000t	Unquoted Optioii 18 M 20	ns, exercise price of 22
					cens e	prng ay
NaExasecu
	ture ofmple: on-m	changearket trade off-market trade exercise of	options issue of		Free attPlacem	aching options frnt (aroved b	om participation underShareholders at the
	rities unde	, ,r dividend reinvestment plan, participatio	,n in buy-back		Annual	ppGeneral Meeting h	eld on 23 June 2020)
ParNote:in this
	t 2 – C	hange of director’s inte	rests in contracts
	In the case	of a company, interests which come with	in paragraph (ii) of the definition			of “notifiable interest of	a director” should be disclosed
	part.
De	tail of c	ontract		-
Na	ture of i	nterest		-
Na(if	me of r	gistered holder		-
	issued s	ecurities)
Date of change
				-

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	-
Name of registered holder	-
(if issued securities)
Date of change	-

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. and class of securities to whichinterest related prior to changeNote: Details are only required for acontract in relation to which theinterest has changed	-
Interest acquired	-
Interest disposed	-
Value/ConsiderationNote: If consideration is non-cash,provide details and an estimatedvaluation	-
Interest after change	-

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearancewas required?	No
If so, was prior written clearance provided to allow the trade toproceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3