PURSUIT MINERALS LTD — Director's Dealing 2018

Nov 11, 2018

12 November 2018

ASX Market Announcements Level 6, Exchange Centre 20 Bridge Street Sydney NSW 2000

NOTICE OF CHANGE OF DIRECTOR INTERESTS

Attached is an Appendix 3Y notice relating to a change in the relevant interest in the Company's securities of Matthew O'Kane following the issue of options approved by the Company's shareholders at the Annual General Meeting of shareholders on 24 October 2018.

It was identified at the time of preparing the Appendix 3Y that an Appendix 3X Initial Director's Interest Notice was not lodged with the ASX at the time of Mr O'Kane's appointment on 1 May 2018. An Appendix 3X for Mr O'Kane is attached to this notice and discloses that Mr O'Kane had no interests in the Company's securities at the time of his appointment. The failure to lodge the Appendix 3X was due to an administrative oversight by the Company Secretary.

The Company and its Directors are aware of their obligations under the ASX Listing Rules, including Listing Rules 3.19A and 3.19B. The Company believes that the above was an isolated incident. The Company will review its Securities Trading Policy and related procedures and will implement any changes necessary to ensure that similar inadvertent breaches of the policy do not occur in the future.

Stephen Kelly Company Secretary

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	PURSUIT MINERALS LIMITED
ABN	27 128 806 977

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	Matthew O'Kane
Date of last notice	1 May 2018 (refer attached)

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 relevantinterest.	N/a
Date of change	8 November 2018
No. of securities held prior to change	Nil
Class	Unlisted options with an exercise price of$0.049 and an expiry of 6 November 2021
Number acquired	1,000,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil–incentiveoptionsissuedasremuneration.

+ See chapter 19 for defined terms.

No. of securities held after change	1,000,000Unlistedoptions(exercise$0.049, expiry 6November2021)
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buyback	Issue of options pursuantto shareholderapproval received at the Annual GeneralMeeting on 24 October2018.

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	Nil
Nature of interest	Nil
Name of registered holder(if issued securities)	Not applicable
Date of change	Not applicable
No.andclass of securities towhich interest related prior tochangeNote: Details are only required for a contract inrelation to which the interest has changed	Not applicable
Interest acquired	Nil
Interest disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation	Not applicable
Interest after change	Not applicable

Part 3 – +Closed period

Were the interests in the securities or contracts detailed	No
above traded during a +closed periodwhere prior written
clearance was required?
If so, was prior written clearance provided to allow the	No
trade to proceed during this period?
If prior written clearance was provided, on what date was	N/a
this provided?

+ See chapter 19 for defined terms.

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity	PURSUIT MINERALS LIMITED
ABN	27 128 806 977

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Matthew O'Kane
Date of appointment	1 May 2018

Part 1 - Director's relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

Nil

+ See chapter 19 for defined terms.

Part 2 – Director's relevant interests in securities of which the director is not the

registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Nameofholder&natureof	Number & class of Securities
interest
Note: Provide details of the circumstances giving riseto the relevant interest.	Nil

Part 3 – 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	Nil
Nature of interest	Nil
Name of registered holder(if issued securities)	Nil
No.andclass of securities towhich interest relates	Nil

+ See chapter 19 for defined terms.