ORE RESOURCES LIMITED — Director's Dealing 2020

Apr 28, 2020

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 entityAuroch Minerals Limited
ABN	91 148 966 545

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.

We (the entity) give ASX the following the director for the purposes of section	information under listing rule 3.19A.2 and as agent for 205G of the Corporations Act.
Name of Director	Aidan Platel
Date of last notice	11 November 2019

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.	Indulu Pty Ltd Mr Platel is trustee of the trust
Date of change	29 April 2020

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change Direct Indirect Indulu Pty Ltd	2,075,000 Fully paid Ordinary Shares 1,191,650 unlisted options exercisable at $0.10 each on or before 30-11-2021 1,125,000 Class A New Performance Rights - Exercisable once vested on or before 5 years from grant date, vesting after 12 months of continuous service. 1,125,000 Class B New Performance Rights - Exercisable once vested on or before 5 years from grant date, vesting after 24 months of continuous service. 3,250,000 Class A Incentive Options - Exercisable at $0.16, expiring on 03-09-2023 and vesting after 12 months of continuous service. 3,500,000 Class B Incentive Options - Exercisable at $0.20, expiring on 03-09-2023 and vesting after 24 months of continuous service.
Class	Fully Paid Ordinary Shares Unlisted Options
Number acquired	545,000 Fully paid ordinary shares. 272,500 unlisted options exercisable at $0.10 each on or before 30-11-2021
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.055 per ordinary share and a 1 for 2 free attaching option

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change Direct Indirect Indulu Pty Ltd

2,075,000 Fully paid Ordinary Shares 1,191,650 unlisted options exercisable at $0.10 each on or before 30-11-2021 545,000 Fully paid ordinary shares 272,500 unlisted options exercisable at $0.10 each on or before 30-11-2021 1,125,000 Class A New Performance Rights - Exercisable once vested on or before 5 years from grant date, vesting after 12 months of continuous service. 1,125,000 Class B New Performance Rights - Exercisable once vested on or before 5 years from grant date, vesting after 24 months of continuous service. 3,250,000 Class A Incentive Options - Exercisable at $0.16, expiring on 03-09-2023 and vesting after 12 months of continuous service. 3,500,000 Class B Incentive Options - Exercisable at $0.20, expiring on 03-09-2023 and vesting after 24 months of continuous service.

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Participation in the placement announcement on 28 February 2020. Shareholder approval was received in 22 April 2020.

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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Nature of interest N/A
Name of registered holder N/A
(if issued securities)
Date of change N/A
No. and class of securities to which N/A
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired N/A
Interest disposed N/A
Value/Consideration N/A
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change N/A
----- End of picture text -----

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 4

01/01/2011