RAREX LIMITED — Director's Dealing 2019

Oct 3, 2019

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final 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.

Introduced 30/9/2001.
Name of entity	SAGON RESOURCES LIMITED
ABN	65 105 578 756

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	David Scoggin
Date of last notice	5 August 2019
Date that director ceased to be director	27 September 2019

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.

Appendix 3Z Page 1

11/3/2002

Appendix 3Z Final Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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.

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

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest Held by Evo Fund over which Mr Scoggin has discretion over investment decisions and voting rights.

Number & class of securities • 120,000 fully paid ordinary shares • 120,000 unquoted performance rights vesting 12 months after the date that the 10 day VWAP for SG1 shares on the ASX is $0.01 or higher within 3 years from the date of issue, provided that the holder does not resign from the Board before the vesting date • 120,000 unquoted performance rights vesting 12 months after the date that the 10 day VWAP for SG1 shares on the ASX is $0.015 or higher within 3 years from the date of issue, provided that the holder does not resign from the Board before the vesting date • 120,000 unquoted performance rights vesting 12 months after the date that the 10 day VWAP for SG1 shares on the ASX is $0.02 or higher within 3 years from the date of issue, provided that the holder does not resign from the Board before the vesting date

Part 3 – Director’s interests in contracts

Detail of contract	Not Applicable
Nature of interest
Name of registered holder (if issued securities)
No. and class of securities to which interest relates

• See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002