RIEDEL RESOURCES LIMITED — Director's Dealing 2022

Apr 26, 2022

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	RIEDEL RESOURCES LIMITED
ABN	91 143 042 022

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	GRANT MOONEY
Date of last notice	14 December 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	Direct & Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving riseto the relevant interest.	Shares and unlisted options held by Mooney & PartnersPty Ltd, Grant Mooney is a director and shareholderShares held by Ocean Flyers Pty Ltd <S&G MooneySuper Fund A/C> Grant Mooney is a director andmember
Date of change	Shares – 20 April 2022
No. of securities held prior to change	25,000,000 Unlisted Options exercisable at $0.0125expiry 14.12.2023 held by Mooney &Partners Pty Ltd.1,000,000Fully Paid Ordinary Shares held by GrantMooney4,074,790 Shares held by Ocean Flyers Pty Ltd<S&G Mooney Super Fund A/C>
Class	Ordinary Shares
Number acquired	2,000,000 Ordinary Shares
Number disposed	Nil

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration	$20,000 (2,000,000 shares @ $0.01 per share)	$20,000 (2,000,000 shares @ $0.01 per share)
Note: If consideration is non-cash, provide details
and estimated valuation
No. of securities held after change	25,000,000	Unlisted Options exercisable at $0.0125
		expiry 14.12.2023 held by Mooney &
		Partners Pty Ltd.
	1,000,000	Fully Paid Ordinary Shares held by Grant
		Mooney
	6,074,790	Shares held by Ocean Flyers Pty Ltd
		<S&G Mooney Super Fund A/C>
Nature of changeExample: on-market trade, off-market trade, exercise	Issue of placement shares following ShareholderApproval at GM held on 8 April 2022.
of options, issue of securities under dividend
reinvestmentplan, participation in buy-back

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 which interest related prior to change	N/A
Note: Details are onlyrequired for a contract in relation to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and an estimated valuation
**Interest after change **	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above tradedduring a+closed period where prior written clearance was required?	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 3Y Page 2

01/01/2011