MINREX RESOURCES LIMITED — Director's Dealing 2023

Apr 4, 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

Name of entity: MinRex Resources Limited ABN: 81 151 185 867

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	George Constantine Karageorge
Date of last notice	2 December 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 (1) + (2)
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Indirect (1)Held by George Karageorge & Sandra Karageorge<The Geosan Family A/C>Indirect (2)Held by Geosan PtyLtd<GeosanSuper FundA/C>
Date of change	30 March 2023
No. of securities held prior to change	Indirect (1) – George Karageorge & SandraKarageorge <The Geosan Family A/C>(i) 10,465,799 fully paid ordinary shares(ii) 875,000 unlisted options exercisable at $0.04 onor before 8 April 2023(iii) 14,000,000 Performance Rights(iv) 5,000,000 unlisted options exercisable at $0.10on or before 2 December 2025(v) 5,000,000 unlisted options exercisable at $0.12on or before 2 December 2025Indirect (2) – Geosan Pty Ltd <Geosan SuperFund A/C>(i) 1,562,500 fully paid ordinary shares(ii) 4,000,000 Performance Rights

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

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----- Start of picture text ----- Class Indirect (1)Fully paid ordinary sharesIndirect (2)Fully paid ordinary sharesNumber acquired Indirect (1)900,000 fully paid ordinary sharesIndirect (2)5,000,000 fully paid ordinary sharesNumber disposed NilValue/Consideration $93,730.65Note: If consideration is non-cash, provide details and estimatedvaluationNo. of securities held after change Indirect (1) – George Karageorge & SandraKarageorge <The Geosan Family A/C>(i) 11,365,799 fully paid ordinary shares(ii) 875,000 unlisted options exercisable at $0.04 onor before 8 April 2023(iii) 14,000,000 Performance Rights(iv) 5,000,000 unlisted options exercisable at $0.10on or before 2 December 2025(v) 5,000,000 unlisted options exercisable at $0.12on or before 2 December 2025Indirect (2) – Geosan Pty Ltd <Geosan SuperFund A/C>(i) 6,562,500 fully paid ordinary shares(ii) 4,000,000 Performance RightsNature of change On Market TradeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back----- End of picture text -----

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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----- Start of picture text ----- Date of change N/ANo. and class of securities to which N/Ainterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changedInterest acquired N/AInterest disposed N/AValue/Consideration N/ANote: If consideration is non-cash, provide detailsand an estimated valuationInterest after change N/A----- End of picture text -----

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow thetrade to proceed during this period?	Not Applicable
If prior written clearance was provided, on what date wasthis provided?	Not Applicable

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3