QPM ENERGY LIMITED — Director's Dealing 2021

Sep 23, 2021

ASX RELEASE 24 September 2021

DIRECTORS' INTEREST NOTICES

Queensland Pacific Metals Ltd (ASX:QPM) ("QPM" or "the Company") provides the following Appendix 3X and Appendix 3Y ("Appendices"). Due to an administrative oversight, the Appendices were not released within the required 5 business days.

The Company confirms that formal arrangements are in place with each Director of the Company as contemplated by ASX Listing Rule 3.19B whereby each Director agrees and undertakes to provide the Company with details of any changes to their notifiable interests, within the time frames required by ASX Listing Rule 3.19A. These requirements are also enshrined in the Company's securities trading policy.

The Company's existing arrangements are considered adequate to ensure future compliance with ASX Listing Rule 3.19B.

For and on behalf of the Board,

Mauro Piccini 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	Queensland Pacific Metals Limited
ABN	125 368 658

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	Mr James Simpson
Date of last notice	27 April 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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Keronga Developments Pty Ltd of which MrSimpson is the sole director of.
Date of change	2 August 2021
No. of securities held prior to change	Indirect - Keronga Developments Pty Ltd•1,000,000 Fully Paid Ordinary Shares
Class	Unquotedoptionsexercisableat$0.15,expiring on 2 August 2024
Number acquired	1,000,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$150,000
No. of securities held after change	Indirect - Keronga Developments Pty Ltd•1,000,000 Fully Paid Ordinary Shares•1,000,000 Unquoted options exercisable at$0.15, expiring on 2 August 2024.

+ See chapter 19 for defined terms.

Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Issue of options as part of incentive package.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------	------------------------------------------------

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

Part 3 – +Closed period

Were the interests in the securities or contracts detailed abovetraded during a +closed period where prior written clearance wasrequired?	No
If so, was prior written clearance provided to allow the trade toproceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

+ See chapter 19 for defined terms.

Appendix 3X

Rule 3.19A.1

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 entityQueensland Pacific Metals Limited
ABN61 125 368 658

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	Mr Stephen Grocott
Date of appointment	1 April 2021

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

Stephen Grocott

• 942,448 Fully Paid Ordinary Shares
• 11,000,000 Performance Rights
• 7,500,000 Performance Rights expiring 30/06/2022
• 7,500,000 Performance Rights expiring 30/11/2022
• 12,500,000 Performance Rights expiring 30/11/2023

+ 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

Name ofholder &natureof	Number & class of Securities
interest
Note: Provide details of the circumstances giving rise tothe relevant interest.	N/A

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	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
No. and class of securities towhich interest relates	N/A

+ See chapter 19 for defined terms.