ORPHEUS URANIUM LIMITED — Director's Dealing 2020

Nov 22, 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 entity ARGONAUT RESOURCES LIMITED ABN 97 008 084 848

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	Lindsay James Owler
Date of last notice	3 November 2017

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.

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Direct or indirect interest Direct and indirect
Nature of indirect interest Indirect interest – Amicus Group Limited
(including registered holder) Nature of interest – Controller /
Note: Provide details of the circumstances giving rise to the relevant interest. shareholder
Date of change 20 November 2020
No. of securities held prior to change Direct Interest:
10,000,000 unlisted options, exercise price
$0.03, expiry date 31/12/2021
16,000,000 unlisted options, exercise price
$0.03, expiry 31/12/2022
Indirect Interest:
1,400,000 fully paid ordinary shares
Class Ordinary fully paid – (Loan Funded Shares)
Number acquired 24,000,000
Number disposed n/a
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• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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Value/Consideration Nil consideration. Loan funded shares are
Note: If consideration is non-cash, provide details and estimated valuation funded by a loan pursuant to the terms of
the Employee Incentive Plan.
Refer to the 2020 Annual Report for
Argonaut Resources NL which outline the
valuation of the loan funded shares.
No. of securities held after change Direct Interest:
10,000,000 unlisted options, exercise price
$0.03, expiry date 31/12/2021
16,000,000 unlisted options, exercise price
$0.03, expiry 31/12/2022
24,000,000 Ordinary fully paid (Loan
Funded Shares)
Indirect Interest:
1,400,000 fully paid ordinary shares
Nature of change Ordinary fully paid (Loan funded shares),
Example: on-market trade, off-market trade, exercise of options, issue previously approved by shareholders, fully
of securities under dividend reinvestment plan, participation in buy-
back vested on 20 November 2020
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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.

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Detail of contract n/a
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
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• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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?	n/a
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