QMINES LIMITED — Director's Dealing 2023

Jul 2, 2023

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	QMines Limited
ABN	72 643 212 104

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	Peter Caristo
Date of last notice	9 May 2023

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 riseto the relevant interest.
Date of change	1 July2023
No. of securities held prior to change	a)108,858
	b)141,142
Class	Performance Rightsa)
	Fully paid ordinary sharesb)
Number acquired	a)250,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details	Performance Rights were issued for nil consideration.
and estimated valuation	See the Notice of Meeting seeking shareholder approval
	for the issue of the Performance Rights at
	https://announcements.asx.com.au/asxpdf/20230519/
	pdf/05pvwzx24hvmyg.pdffor further information.

+ See chapter 19 for defined terms.

No. of securities held after change	a)	358,858
	b)	141,142
Nature of changeExample: on-market trade, off-market trade, exerciseof options, issue of securities under dividendreinvestment plan, participation in buy-back		Performance Rights issued with Shareholder approval atthe General Meeting held19 June 2023

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
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to which
interest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation
Interest after change

Part 3 – +Closed period

Were the interests in the securities or contracts detailed	N/A
above traded during a +closed periodwhere prior written
clearance was required?
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.