ORPHEUS URANIUM LIMITED — Director's Dealing 2020

Oct 19, 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 NL 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 Patrick James Dymock Elliott

Date of last notice 14 August 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 interest
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		Indirect interest Yeronda Nominees Pty Limited Panstyn Investments Pty Limited Nature of interest– Controller / beneficiary
Date of change		15 October 2020
No. of securities held prior to change		Direct Interest - 4,000,000 unlisted options exercise price $0.03, expiry date 31/12/2021 - 4,000,000 unlisted options exercise price $0.03, expiry date 31/12/2022 - 10,000,000 unlisted options exercise price $0.02, expiry date 11/08/2025 Indirect Interest Yeronda Nominees Pty Limited - 20,324,574 Fully Paid Ordinary Shares Panstyn Investments Pty Limited - 1,411,152 Fully Paid Ordinary Shares

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

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Class Ordinary Fully Paid Shares
Number acquired 4,465,007 ordinary fully paid shares
Number disposed -
Value/Consideration $0.0055 per share
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change Direct Interest
-
4,000,000 unlisted options exercise
price $0.03, expiry date 31/12/2021
-
4,000,000 unlisted options exercise
price $0.03, expiry date 31/12/2022
-
10,000,000 unlisted options exercise
price $0.02, expiry date 11/08/2025
Indirect Interest
Yeronda Nominees Pty Limited

-
20,324,574 Fully Paid Ordinary Shares
Panstyn Investments Pty Limited
-
5,876,159 Fully Paid Ordinary Shares
Nature of change Participation in the Company’s Share
Example: on-market trade, off-market trade, exercise of options, issue Purchase Plan, as announced on 23rd
of securities under dividend reinvestment plan, participation in buy-
back September 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.

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

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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
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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?	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.

01/01/2011

Appendix 3Y Page 3