RENASCOR RESOURCES LIMITED — Director's Dealing 2021

Mar 1, 2021

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 Renascor Resources Limited

ABN 90 135 531 341

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 Stephen Grant Bizzell

Date of last notice 8 January 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 and Indirect

Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.

Stephen Grant Bizzell (Child of Director) Stephen Grant Bizzell (Child of Director) Stephen Grant Bizzell (Child of Director) Stephen Grant Bizzell (Child of Director) Stephen Grant Bizzell (Child of Director) Bizzell Nominees Pty Ltd (Director is a director and shareholder of and beneficiary of trust for which it is trustee of) Bizzell Nominees Pty Ltd (Director is a director and shareholder of and member of superannuation fund for which it is trustee of) BCP Alpha Investments Pty Ltd (Director is a director and sole shareholder of) Bizzell Capital Partners Pty Ltd (Director is sole director and sole shareholder of) Centec Securities Pty Ltd (Director is sole director) HSBC Custody Nominees (Australia) Ltd (as nominee and custodian for shares beneficially owned by Bizzell Capital Partners Pty Ltd)

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Date of change		24 February 2021
No. of securities held prior to change		Direct Interest: 708,333 Ordinary Shares Indirect Interest: Stephen Grant Bizzell 110,000 Ordinary Shares Stephen Grant Bizzell 110,000 Ordinary Shares Stephen Grant Bizzell 110,000 Ordinary Shares Stephen Grant Bizzell 100,000 Ordinary Shares Stephen Grant Bizzell 100,000 Ordinary Shares Bizzell Nominees Pty Ltd 7,258,333 Ordinary Shares Bizzell Nominees Pty Ltd 5,600,000 Ordinary Shares BCP Alpha Investments Pty Ltd 4,047,524 Ordinary Shares Centec Securities Pty Ltd 3,000,000 Ordinary Shares 500,000 Listed Options Bizzell Capital Partners Pty Ltd 28,360,011 Ordinary Shares 4,818,182 Listed Options
		Total:- 49,504,201 Ordinary Shares 5,318,182 Listed Options (exercisable at 2 cents, expiring 31 Dec 2022)
Class
Number acquired
Number disposed
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Direct Interest: 708,333 Ordinary Shares Indirect Interest: Stephen Grant Bizzell 110,000 Ordinary Shares Stephen Grant Bizzell 110,000 Ordinary Shares Stephen Grant Bizzell 110,000 Ordinary Shares Stephen Grant Bizzell 100,000 Ordinary Shares Stephen Grant Bizzell 100,000 Ordinary Shares Bizzell Nominees Pty Ltd 7,258,333 Ordinary Shares Bizzell Nominees Pty Ltd 5,600,000 Ordinary Shares BCP Alpha Investments Pty Ltd 4,047,524 Ordinary Shares Centec Securities Pty Ltd 3,000,000 Ordinary Shares 500,000 Listed Options Bizzell Capital Partners Pty Ltd 1,176,470 Ordinary Shares 4,818,182 Listed Options HSBC Custody Nominees (Australia) Limited 27,183,541 Ordinary Shares
	Total:- 49,504,201 Ordinary Shares 5,318,182 Listed Options (exercisable at 2 cents, expiring 31 Dec 2022)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Transfer of ordinary shares to a custodian for security purposes pursuant to a Master Loan Agreement and Deed of Security (refer Part 2 below). No change in beneficial ownership.

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 Master Loan Agreement and Deed of Security

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

Nature of interest	Bizzell Capital Partners Pty Ltd, an entity that Stephen Bizzell is a director and shareholder of, has entered into a Master Loan Agreement and Deed of Security in respect of a portion of its shareholding in Renascor Resources Ltd. The loan facility provides Bizzell Capital Partners Pty Ltd with an ability to borrow against the value of the Renascor Resources Ltd shares held as collateral pursuant to the Deed of Security. The term of the loan facility is 3 years.
Name of registered holder (if issued securities)	HSBC Custody Nominees (Australia) Ltd
Date of change	24 February 2021
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	Facility relates to 27,183,541 ordinary shares
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 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?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 4