MACARTHUR MINERALS LIMITED — Director's Dealing 2019

Dec 15, 2019

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity	Macarthur Minerals Limited
ABN	93 103 011 436

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director Date of appointment	Alan Joseph Phillips
	11 October 2017

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

N/A

• See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 1

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest. First Apollo Capital Pty Ltd Phillips Exploration Pty Ltd Unlimited Business Strategies Pty Ltd First Apollo Capital Pty Ltd Phillips Exploration Pty Ltd First Apollo Capital Pty Ltd First Apollo Capital Pty Ltd Phillips Exploration Pty Ltd First Apollo Capital Pty Ltd First Apollo Capital Pty Ltd Phillips Exploration Pty Ltd First Apollo Capital Pty Ltd Phillips Exploration Pty Ltd First Apollo Capital Pty Ltd Unlimited Business Strategies Pty Ltd

Number & class of Securities 2,985,744 Ordinary shares 540,750 Ordinary shares 468,100 Ordinary shares 500,000 Options exercise price C$0.22 expiry 19 February 2021 500,000 Options exercise price C$0.22 expiry 19 February 2021 250,000 Options exercise price C$0.20 expiry 3 December 2021 250,000 Options exercise price C$0.20 expiry 24 February 2022 500,000 Options exercise price C$0.20 expiry 24 February 2022 588,235 Restricted Share Units expiry 27 November 2020 (vesting subject to satisfaction of vesting criteria) 500,000 Restricted Share Units expiry 2 September 2022 (vesting subject to satisfaction of vesting criteria) 500,000 Restricted Share Units expiry 2 September 2022 (vesting subject to satisfaction of vesting criteria) 53,511 Right Offering Warrants exercise price C$0.80 expiry 15 December 2020 15,750 Right Offering Warrants exercise price C$0.80 expiry 15 December 2020 1,891,800 Warrants exercise price C$0.40 expiry 24 September 2021 468,100 Warrants exercise price C$0.40 expiry 24 September 2021

Part 3 – 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
No. and class of securities to which interest relates	N/A

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002