M3 MINING LIMITED — Director's Dealing 2022

Oct 24, 2022

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	M3	MINING LIMITED
ABN	98	644 548 434

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	SIMON ELEY
Date of last notice	24 February 2022

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 & Direct
Nature of indirect interest	1. Resmin Pty Ltd
(including registered holder)	<SPE Investment A/C>
Note: Provide details of the circumstances giving rise	(Mr Eley is a Director and shareholder)
to the relevant interest.
	2. Simon Eley
Date of change	21 October 2022
No. of securities held prior to change
Simon Eley	250,001 fully paid ordinary shares
Resmin Pty Ltd
<SPE Investment A/C>	2,166,250 fully paid shares
(Mr Eley is a Director and shareholder)
	1,500,000 options exercisable at $0.25 on or before
	30 June 2024.
Class	Ordinary Shares
Number acquired	1. 541,562
	2. 62,500
Number disposed	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration	$0.12
Note: If consideration is non-cash, provide details
and estimated valuation
No. of securities held after change
	.
Simon Eley	312,501 fully paid ordinary shares
Resmin Pty Ltd
<SPE Investment A/C>	2,707,812 fully paid shares
(Mr Eley is a Director and shareholder)
	1,500,000 options exercisable at $0.25 on or before
	30 June 2024.
Nature of change	Entitlement Offer at $0.12
Example: on-market trade, off-market trade, exercise
of options, issue of securities under dividend
reinvestment plan, participation in buy-back

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 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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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?
If prior written clearance was provided, on what date was thisprovided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3