MOUNT RIDLEY MINES LIMITED — Director's Dealing 2021

Jun 1, 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 Mount Ridley Mines Limited ABN 93 092 304 964

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	Graeme Godsman Johnston
Date of last notice	01 December 2020

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	Direct- Graeme Johnston & Margaret Johnston
(including registered holder)	<The G & M Johnston Super Fund A/C>
Note: Provide details of the circumstances giving rise to the relevant
interest.	(Mr Graeme Godsman Johnston is a trustee
	of super fund)
	**Indirect -**Mrs Margaret Johnston (Spouse)
Date of change	02 June 2021
No. of securities held prior to change	Direct- Graeme Johnston & Margaret Johnston
	<The G & M Johnston Super Fund A/C>
	6,666,666 Shares
	6,666,666 Options (MRDOB)
	(ex 0.30c, exp 30/11/2022)
Class	IndirectFully paid ordinary shares
Number acquired	5,000,000 Shares with an attaching
	1:1 option exercisable at $0.0030 each,
	on or before 30 November 2022 (MRDOB)

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	NIL
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$10,000 (acquisition of shares)
No. of securities held after change	Direct- Graeme Johnston & Margaret Johnston<The G & M Johnston Super Fund A/C>6,666,666 Shares6,666,666 Options (MRDOB)(ex 0.30c, exp 30/11/2022)Indirect- Margaret Johnston5,000,000 Shares5,000,000 Options (MRDOB)(ex 0.30c, exp 30/11/2022)
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back	Participation in January Placement – Approvedby shareholders 27 May 2021, issued 2 June2021

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 whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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?	N/A
If prior written clearance was provided, on what date wasthis provided?	N/A

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3