MINREX RESOURCES LIMITED — Director's Dealing 2024

Dec 12, 2024

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	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	Glenn Whiddon
Date of last notice	18 July 2024

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	Direct and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Direct (1) Indirect (2) – Getmeoutofhere Pty Ltd Indirect (3) MIMO Strategies Pty Ltd **A/C> Indirect (4) Nautical Holdings WA Pty Ltd Indirect (5) 6466 Investments Pty Ltd * Glenn Whiddon has no relevant interest in the shares held by Nautical Holdings WA Pty Ltd, 6466 Investments Pty Ltd or MIMO Strategies Pty Ltd. Jane Whiddon is the controller of these entities. They are only included in this notice for good corporate governance purposes.
Date of change	(i) 11 December 2024 (ii) 2 December 2024

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Direct (1) 2,000,000 Class A Performance Rights 2,000,000 Class B Performance Rights 2,000,000 Class C Performance Rights 2,000,000 Class D Performance Rights Indirect (2) – Getmeoutofhere Pty Ltd 20,000,000 Fully Paid Ordinary Shares Indirect (3) MIMO Strategies Pty Ltd **A/C> 1,611,468 unlisted options exercisable $0.10 expiring 2 December 2024 Indirect (4) Nautical Holdings WA Pty Ltd 1,368,952 unlisted options exercisable $0.10 expiring 2 December 2024 Indirect (5) 6466 Investments Pty Ltd 5,000,000 Fully Paid Ordinary Shares * Glenn Whiddon has no relevant interest in the shares held by Nautical Holdings WA Pty Ltd, 6466 Investments Pty Ltd or MIMO Strategies Pty Ltd. Jane Whiddon is the controller of these entities. They are only included in this notice for good corporate governance purposes.
Class	i) Fully Paid Ordinary ii) Unlisted Options
Number acquired	i) 5,000,000 Fully Paid Ordinary
Number disposed	ii) 2,980,420 Expired unlisted options exercisable $0.10 expiring 2 December 2024 in accordance with their terms.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	i) $40,000 ii) NIL Expired

	No. of securities held after change	Direct (1) 2,000,000 Class A Performance Rights 2,000,000 Class B Performance Rights 2,000,000 Class C Performance Rights 2,000,000 Class D Performance Rights Indirect (2) – Getmeoutofhere Pty Ltd 25,000,000 Fully Paid Ordinary Shares Indirect (5) 6466 Investments Pty Ltd 5,000,000 Fully Paid Ordinary Shares * Glenn Whiddon has no relevant interest in the shares held by Nautical Holdings WA Pty Ltd, 6466 Investments Pty Ltd or MIMO Strategies Pty Ltd. Jane Whiddon is the controller of these entities. They are only included in this notice for good corporate governance purposes.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	i) On market trade ii) Expiry of unlisted options

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

art 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

ASX Code: MRR

13 December 2024

ASX Release

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DIRECTORS INTEREST NOTICE UPDATE

MinRex Resources Limited ( ASX: MRR ) (“ Minrex ” or “the Company ”) refers to the attached change of director’s interest notice for Glenn Whiddon.

The Appendix 3Y reflects a change resulting from the lapsing of unlisted options with an expiry date of 2 December 2024.

In relation to the late lodgement of the Appendix 3Y, the Company advises the following:

1. The Appendix 3Y was lodged late due to an administrative oversight following the lapse of the unlisted options. As soon as the oversight was identified, the documents were lodged with the ASX;

2. It is noted that Glenn Whiddon has no relevant interest in the options that expired, and they are disclosed for good corporate governance purposes;

3. The Company confirms that it has in place policies in accordance with Listing Rule 3.19B to enable it to meet its disclosure obligations under Listing Rule 3.19A. The Company has a Securities Trading Policy (available in the Company’s website) in place which sets out Directors’ requirements to notify the Company of changes in interests; and

4. The Company understands the importance of compliance with the Listing Rules and considers that its current arrangements are adequate and are being enforced.

This ASX announcement has been authorised for release by the Board of MinRex Resources Limited.

-ENDS-

For further information, please contact:

Johnathon Busing

Company Secretary MinRex Resources Limited T: +61 8 6311 2039 info@minrex.com.au

About MinRex Resources Ltd

MinRex Resources Limited (ASX: MRR) is an Australian-based ASX-listed explorer with a highly prospective portfolio of Gold-Silver-Copper and other metals projects in the Lachlan Fold Belt (NSW). The Company’s tenements package cover around 420km[2] of highly prospective ground targeting multi-commodities type deposits, including the Sofala Gold Project (NSW) which hosts JORC 2012 Resources totalling 352,000 oz gold.

MinRex Resources Limited ABN 81 151 185 867 Tel +61 8 6102 2039 Email info@minrex.com.au Level 2, 7 Havelock Street West Perth WA 6005 Website: www.minrex.com.au