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 entityResolution Minerals Ltd
ABN99 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	Andrew SHEARER
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.	ValasInvestmentsPtyLtd<ValasInvestments A/C>Mr Shearer is a director and shareholderof the trustee and beneficiary of the trust.
Date of change	15 April 2021 and 21 March 2021
No. of securities held prior to change	982,270 Shares50,000 Quoted Options A42,270 Quoted Options B450,000 Options A800,000 Class A Performance Shares325,000 Class B Performance Shares1,000,000 Performance Rights

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	Shares - fully paid ordinary shares.Quoted Options A - quoted options withan exercise price of $0.10 and expiry of 30June 2022 (RMLOA).Quoted Options B - quoted options withan exercise price of $0.12 and expiry of 30September 2023 (RMLOB).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.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	357,142 Shares178,571 Options B
Number disposed	450,000 Options A
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$10,000.00

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	1,339,412 Shares50,000 Quoted Options A42,270 Quoted Options B178,571 Options B800,000 Class A Performance Shares325,000 Class B Performance Shares1,000,000 Performance Rights
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Issue of shares and options as approvedby shareholders on 15 April 2021.Lapse of 450,000 Options A upon expiryon 21 March 2021 in accordance with theterms of those securities. The Companywas required to lodge an Appendix 3Ywithin 5 days of the lapse of theseoptions. The Appendix 3Y was not lodgedat the time due to an administrative error.This Appendix 3Y includes the lapse ofthose options.

• 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.

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----- 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

01/01/2011