LINDIAN RESOURCES LIMITED — Director's Dealing 2019

Nov 24, 2019

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 Lindian Resources Limited ABN 53 090 772 222

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	Asimwe Kabunga
Date of last notice	11 June 2019

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.	Kabunga Holdings Pty Ltd [Director & Shareholder] Jabari Resources (T) Limited [Shareholder]
Date of change	21 November 2019
No. of securities held prior to change	Kabunga Holdings Pty Ltd 53,525,000 Fully Paid Shares 5,250,000 Class B Performance Shares expiring 6 December 2020 10,000,000 Options exercisable at $0.02 on or before 31 December 2020 Jabari Resources (T) Limited 6,000,000 Class B Performance Shares expiring 6 December 2020
Class	a) Fully Paid Ordinary Shares b) Unlisted Options c) Escrowed Ordinary Shares

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

	d) & e) Performance Shares
Number acquired	a) 12,500,000 Fully Paid Ordinary shares with b) 12,500,000 free attaching Unlisted Options exercisable at $0.02 on or before 20 November 2022 c) 4,250,000 Ordinary Shares under a 3-month voluntary escrow d) 10,625,000 Stage 1 Performance Shares e) 14,875,000 Stage 2 Performance Shares
Number disposed	nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	a) $0.016 per Fully Paid Shares b) nil c), d), & e) securities issued as part consideration for the Guinea Bauxite Project acquisition approved by Shareholders on 15 November 2019.
No. of securities held after change	Kabunga Holdings Pty Ltd 53,525,000 Fully Paid Shares 5,250,000 Class B Performance Shares expiring 6 December 2020 10,000,000 Options exercisable at $0.02 on or before 31 December 2020 12,500,000 Fully Paid Ordinary shares 12,500,000 Unlisted Options exercisable at $0.02 on or before 20 November 2022 4,250,000 Ordinary Shares under a 3-month voluntary escrow 10,625,000 Stage 1 Performance Shares 14,875,000 Stage 2 Performance Shares Jabari Resources (T) Limited 6,000,000 Class B Performance Shares expiring 6 December 2020
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	a) & b) part of a Placement approved by Shareholders on 15 November 2019. c), d), & e) securities issued as part consideration for the Guinea Bauxite Project acquisition approved byShareholders on 15 November 2019

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.

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

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 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.

01/01/2011

Appendix 3Y Page 3