ORE RESOURCES LIMITED — Director's Dealing 2021

Feb 11, 2021

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12 February 2021

Appendix 3Y – Lodgement Notification

Auroch Minerals Limited (the “Company”) provides the attached Appendix 3Y Change in Directors Interest Notice (“Notice”) for Mr Aidan Platel.

The notice covers a transfer of unlisted options and shares within Mr Aidan Platel’s controlled entities. The overall number of unlisted options and shares held and controlled by Mr Aidan Platel through various entities has not changed.

The change occurred on 31 December 2020 during the holiday period and through an administrative oversite, the Company failed to lodge an Appendix 3Y for the associated change at that time.

The Company considers that the current arrangements in place to make disclosure under 3.19A are adequate and are being enforced, and that failure to do so on this occasion was due to an oversight.

This release has been approved by the Board of Auroch Minerals Limited.

Yours faithfully,

James Bahen Company Secretary Auroch Minerals Limited

Auroch Minerals Ltd ABN 91 148 966 545 Suite 1, 295 Rokeby Road, Subiaco WA 6008 Phone: +61 8 6555 2950 Fax: + 61 8 6166 0261 Email: admin@aurochminerals.com www.aurochminerals.com

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.

Name of Director	Aidan Platel
Date of last notice	29 April 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	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 the director of the trustee of the trust
Date of change	31 December 2020

• See chapter 19 for defined terms.

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Appendix 3Y Page 1

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 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.
Class	Fully Paid Ordinary Shares Unlisted Options
Number acquired	a) 2,075,000 fully paid ordinary shares b) 1,191,650 unlisted options exercisable at $0.10 each on or before 30-11-2021
Number disposed	a) 2,075,000 fully paid ordinary shares b) 1,191,650 unlisted options exercisable at $0.10 each on or before 30-11-2021
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	a) $300,875.00 b) $53,624.25

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change Indirect Indulu Pty Ltd

2,620,000 Fully paid ordinary shares 1,464,150 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

Movement between entities controlled by Mr Aidan Platel

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

• See chapter 19 for defined terms.

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Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

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 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

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