RESOLUTION MINERALS LTD — Director's Dealing 2021

Apr 14, 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	Resolution Minerals Ltd
ABN	99 617 789 732

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	Duncan CHESSELL
Date of last notice	27 November 2020

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.	Lobuje Pty Ltd <Arnold Chessell FamilyA/C> (Lobuje).Mr Chessell is a director and shareholderof the trustee and beneficiary of the trust.Chessarno Pty Ltd <Chessarno SuperFund A/C> (Chessarno).Mr Chessell is a director and shareholderof the trustee and beneficiary of the superfund.
Date of change	15 April 2021 and 21 March 2021

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	916,902 Shares held by Lobuje439,532 Shares held by Chessarno697,500 Options A held by Lobuje35,715 Quoted Options held by Chessarno1,800,000 Class A Performance Sharesheld by Lobuje658,125 Class B Performance Shares heldby Lobuje5,000,000 Performance Rights held byLobuje
Class	Shares - fully paid ordinary shares.Options A - unquoted options with anexercise price of $0.2493 and expiry of 21March 2021.Options B - unquoted options with anexercise price of $0.042 and expiry of 15April 2022.Quoted Options - quoted options with anexercise price of $0.12 and expiry of 30September 2023 (RMLOB).ClassAPerformanceShares–performance shares with KPI basedconversion criteria, expiry of 6 September2022.ClassBPerformanceShares–performance shares with KPI basedconversion criteria, expiry of 6 September2022.PerformanceRights-unquotedperformancerightssubjecttoperformance based vesting criteria.
Number acquired	178,571 Shares89,285 Options B800,000 Performance Rights

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	Number disposed	697,500 Options A	697,500 Options A
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated		$5,000.00
valuation
No. of securities held after change		916,902 Shares held by Lobuje
		618,103 Shares held by Chessarno
		89,285 Options B held by Chessarno1 Quoted Otions held b Chessarno
		35,75 p y1,800,000 Class A Performance Shares
		held by Lobuje658,125 Class B Performance Shares heldby Lobuje
		5,800,000 Performance Rights held by
		Lobuje
Nature of changeExample: on-market trade, off-market trade, exerciissue of securities under dividend reinvestment plan, pbuy-back	se of options,articipation in	Issue of shares, options and performancerights as approved by shareholders on 15April 2021.
		Lapse of 697,500 Options A upon expiry
		on 21 March 2021 in accordance with theterms of those securities. The Companywas required to lodge an Appendix 3Y
		within 5options. Tat the time	days of the lapse of thesehe Appendix 3Y was not lodgeddue to an administrative error.
		This Appethose optio	ndix 3Y includes the lapse ofns.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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.

==> picture [434 x 317] intentionally omitted <==

----- Start of picture text ----- Detail of contract Not applicableNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuationInterest after change----- End of picture text -----

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed Not applicable above traded during a[+] closed period where 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.

Appendix 3Y Page 4

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