MAGMATIC RESOURCES LIMITED — Director's Dealing 2021

Dec 6, 2021

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	Magmatic Resources Limited
ABN	32 615 598 322

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	David Richardson
Date of last notice	30 July 2021

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.	1) Bilingual Software Pty Ltd (Director and Beneficiary) 2) D & R Richardson (Trustee & Beneficiary)
Date of change	1 December 2021
No. of securities held prior to change	1) 36,668,823 fully paid ordinary shares 2,700,000 unlisted options exercisable at 33.52 cents, expiring on 31 January 2023 1,300,000 unlisted options exercisable at 57.72 cents, expiring on 31 January 2023 2) 10,773,750 fully paid ordinary shares
Class	Fully Paid Ordinary Shares Unlisted Options
Number acquired	2) 2,700,000 unlisted options exercisable at 14.52 cents, expiring on 31 December 2024 1,300,000 unlisted options exercisable at 19.36 cents, expiring on 31 December 2024
Number disposed	Nil

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	1) 36,668,823 fully paid ordinary shares 2,700,000 unlisted options exercisable at 33.52 cents, expiring on 31 January 2023 1,300,000 unlisted options exercisable at 57.72 cents, expiring on 31 January 2023 2) 10,773,750 fully paid ordinary shares 2,700,000 unlisted options exercisable at 14.52 cents, expiring on 31 December 2024 1,300,000 unlisted options exercisable at 19.36 cents, expiring on 31 December 2024
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Director options issued following shareholder approval at the Company’s AGM held on 29 November 2021

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 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 2

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	Magmatic Resources Limited
ABN	32 615 598 322

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	David Berrie
Date of last notice	21 September 2021

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.	Davthea Pty Ltd
Date of change	1 December 2021
No. of securities held prior to change	a) 14,029,044 fully paid ordinary shares b) 1,350,000 unlisted options exercisable at 33.52 cents, expiring on 31 January 2023 c) 650,000 unlisted options exercisable at 57.72 cents, expiring 31 January 2023
Class	a) Fully Paid Ordinary Shares b) Unlisted Options c) Unlisted Options
Number acquired	a) n/a b) n/a c) n/a d) 1,350,000 unlisted options exercisable at 14.52 cents, expiring on 31 December 2024 e) 650,000 unlisted options exercisable at 19.36 cents, expiring on 31 December 2024
Number disposed	Nil

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	a) 14,029,044 fully paid ordinary shares b) 1,350,000 unlisted options exercisable at 33.52 cents, expiring on 31 January 2023 c) 650,000 unlisted options exercisable at 57.72 cents, expiring 31 January 2023 d) 1,350,000 unlisted options exercisable at 14.52 cents, expiring on 31 December 2024 e) 650,000 unlisted options exercisable at 19.36 cents, expiring on 31 December 2024
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Director options issued following shareholder approval at the Company’s AGM held on 29 November 2021

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 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 2

01/01/2011