PACGOLD LIMITED — Director's Dealing 2022

May 18, 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	PACGOLD LIMITED
ABN	30 636 421 782

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	ANTHONY WILLIAM SCHRECK
Date of last notice	9 JULY 2021

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.	The registered holders are: Anthony Schreck & Margaret Schreck < AW & ML Schreck S/F A/C> Mr Schreck is a trustee and beneficiary of the superannuation fund.
Date of change	16 May 2022.

• 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	Anthony Schreck (DIRECT): 180,000 fully paid ordinary shares. 640,000 fully paid ordinary shares subject to 24 months escrow from the date of quotation. Anthony Schreck & Margaret Schreck < AW & ML Schreck S/F A/C>: 450,000 unlisted options exercisable at $0.36 each on or before 5 July 2025. The options are subject to 24 months escrow from the date of quotation. 450,000 unlisted options exercisable at $0.42 each on or before 5 July 2027. The options are subject to 24 months escrow from the date of quotation.
Class	Ordinary shares
Number acquired	40,000 ordinary shares
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.63 per share

• 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

Anthony Schreck (DIRECT): 220,000 fully paid ordinary shares. 640,000 fully paid ordinary shares subject to 24 months escrow from the date of quotation. Anthony Schreck & Margaret Schreck < AW & ML Schreck S/F A/C>: 450,000 unlisted options exercisable at $0.36 each on or before 5 July 2025. The options are subject to 24 months escrow from the date of quotation. 450,000 unlisted options exercisable at $0.42 each on or before 5 July 2027. The options are subject to 24 months escrow from the date of quotation.

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

Shares issued under Entitlement Offer.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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.

e disclosed in thispart.
Detail of contract	N/A
Nature of interest
Name of registered holder (if issued securities)
Date of change
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
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

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?
If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011