LEFROY EXPLORATION LIMITED — Director's Dealing 2023

Dec 28, 2023

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 Lefroy Exploration Limited

ARBN 052 123 930

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	Gordon Thomas Galt
Date of last notice	9 February 2023

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 the relevant interest.	Veromas Pty Ltd – director and shareholder of company
Date of change	28 December 2023

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change		Indirect HSBC Custody Nominees (Australia) Ltd – beneficial holder 2,467,857 fully paid ordinary shares. Gordon Thomas Galt & Maria Veronica Galt – trustee and beneficiary 1,000,000 fully paid ordinary shares. Lefroy Exploration Share Plan Pty Ltd – beneficial holder. 1,200,000 ordinary fully paid shares (subject to vesting conditions) – for vesting terms refer 2021 Notice of Annual General Meeting. Veromas Pty Ltd –* director and shareholder of company 208,334 fully paid ordinary shares 1,200,000 options – exercisable at $0.45, expiring 20 January 2026.
Class		Fully paid ordinary shares
Number acquired		625,000 fully paid ordinary shares
Number disposed		Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$0.16 each

• See chapter 19 for defined terms. Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change		Indirect Gordon Thomas Galt & Maria Veronica Galt – trustee and beneficiary 2,779,999 fully paid ordinary shares. Veromas Pty Ltd * –director and shareholder of company 1,521,192 fully paid ordinary shares 1,200,000 options – exercisable at $0.45, expiring 20 January 2026. Lefroy Exploration Share Plan Pty Ltd – beneficial holder. 1,200,000 ordinary fully paid shares (subject to vesting conditions) – for vesting terms refer 2021 Notice of Annual General Meeting. _ Note - 2,467,857 fully paid ordinary_ shares held by HSBC Custody Nominees (Australia) Ltd were moved to Gordon Thomas Galt & Maria Veronica Galt _Galt Super Fund A/C> (1,779,999 shares) and Veromas Pty Ltd (687,858 shares) since the date of the last Appendix 3Y. Mr G. Galt is the beneficial holder of each of these indirect holdings.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		Issue of placement shares following shareholder approval obtained at the 5 December 2023 Annual General Meeting.

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

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

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

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
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

• See chapter 19 for defined terms. Appendix 3Y Page 4

01/01/2011

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 Lefroy Exploration Limited ARBN 052 123 930

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 Wade Steven Johnson

Date of last notice 9 February 2023

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 the relevant interest.	Wade Johnson & Jennifer Johnson – trustee and beneficiary
Date of change	28 December 2023

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change		Direct– Wade Steven Johnson 1,711,712 ordinary shares. Indirect- Wade Johnson & Jennifer Johnson – trustee and beneficiary. 2,533,334 ordinary shares. 2,000,000 options – exercisable at $0.45; expiring 20 January 2026. Lefroy Exploration Share Plan Pty Ltd – beneficial holder. 2,400,000 ordinary fully paid shares (subject to vesting conditions) – for vesting terms refer 2021 Notice of Annual General Meeting.
Class		Fully paid ordinary shares
Number acquired		93,750 fully paid ordinary shares
Number disposed		Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$0.16 each
No. of securities held after change		Direct– Wade Steven Johnson 1,711,712 ordinary shares. Indirect- Wade Johnson & Jennifer Johnson – trustee and beneficiary. 2,627,084 ordinary shares. 2,000,000 options – exercisable at $0.45; expiring 20 January 2026. Lefroy Exploration Share Plan Pty Ltd – beneficial holder. 2,400,000 ordinary fully paid shares (subject to vesting conditions) – for vesting terms refer 2021 Notice of Annual General Meeting.

• See chapter 19 for defined terms. Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change Issue of placement shares following Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in shareholder approval obtained at the 5 buy-back December 2023 Annual General Meeting.

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 changeN/A	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
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

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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 Lefroy Exploration Limited ARBN 052 123 930

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	Michael Davies
Date of last notice	9 February 2023

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		N/A
Date of change		28 December 2023
No. of securities held prior to change		Direct– Michael Neil Macgregor Davies 15,518,370 fully paid ordinary shares 1,200,000 options – exercisable at $0.45, expiring 20 January 2026 Lefroy Exploration Share Plan Pty Ltd– beneficial holder. 1,200,000 ordinary fully paid shares (subject to vesting conditions) – for vesting terms refer 2021 Notice of Annual General Meeting.
Class		Fully paid ordinary shares
Number acquired		1,875,000 fully paid ordinary shares

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed		Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$0.16 each
No. of securities held after change		Direct– Michael Neil Macgregor Davies 17,393,370 fully paid ordinary shares 1,200,000 options – exercisable at $0.45, expiring 20 January 2026 Lefroy Exploration Share Plan Pty Ltd– beneficial holder. 1,200,000 ordinary fully paid shares (subject to vesting conditions) – for vesting terms refer 2021 Notice of Annual General Meeting.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back		Issue of placement shares following shareholder approval obtained at the 5 December 2023 Annual General Meeting.

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest after change N/A

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
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

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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 Lefroy Exploration Limited

ARBN 052 123 930

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	Tara French
Date of last notice	9 February 2023

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	28 December 2023
No. of securities held prior to change	125,000 fully paid ordinary shares 1,200,000 options – exercisable at $0.45, expiring 20 January 2026
Class	Fully paid ordinary shares
Number acquired	312,500 fully paid ordinary shares
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.16 each

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	437,500 fully paid ordinary shares 1,200,000 options – exercisable at $0.45, expiring 20 January 2026
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of placement shares following shareholder approval obtained at the 5 December 2023 Annual General Meeting.

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 changeN/A	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? If so, was prior written clearance provided to allow the trade N/A to proceed during this period? If prior written clearance was provided, on what date was this N/A provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011