MT MALCOLM MINES NL — Director's Dealing 2022

Nov 29, 2022

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 Mt Malcolm Mines NL ABN 646 466 435

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	Trevor Dixon
Date of last notice	31 May 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		Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		N/A
Date of change		29 November 2022
No. of securities held prior to change		Direct (a) 19,166,000 fully paid ordinary shares; (b) 2,000,000 unlisted options with an exercise price of $0.30 each, expiring on 30 June 2025 Indirect 440,000 fully paid ordinary shares held by Drylands Pty Ltd, in which Mr Dixon is a director and holds a beneficial interest in the company.
Class		Performance Rights
Number acquired		1,200,000

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

Number disposed		Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$92,001
No. of securities held after change		Direct (a) 19,166,000 fully paid ordinary shares; (b) 2,000,000 unlisted options with an exercise price of $0.30 each, expiring on 30 June 2025; and (c) 1,200,000 performance rights, to vest subject to Mr Trevor Dixon meeting relevant vesting conditions: - Tranche 1 – performance period from 1 July 2022 to 30 June 2023 - Tranche 2 – performance period from 1 July 2023 to 30 June 2024 - Tranche 3 – performance period from 1 July 2024 to 30 June 2025 Indirect 440,000 fully paid ordinary shares held by Drylands Pty Ltd, in which Mr Dixon is a director and holds a beneficial interest in the company.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back		Issue of Performance Rights as approved by Shareholders at the Company’s Annual General Meeting held on 21 November 2022.

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the N/A trade to proceed during this period? If prior written clearance was provided, on what date was N/A this provided?

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3