RINCON RESOURCES LIMITED — Director's Dealing 2023

Nov 30, 2023

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	Rincon Resources Limited
ABN	54 628 003 538

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.

We (the entity) give ASX the following the director for the purposes of section	information under listing rule 3.19A.2 and as agent for 205G of the Corporations Act.
Name of Director	Mr Blair Sergeant
Date of last notice	24 October 2023

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 relevant interest.	Evolution Capital Partners Pty Ltd - an entity related to Mr Blair Sergeant Rio Super Pty Ltd SF A/C> - an entity related to Mr Blair Sergeant
Date of change	1 December 2023

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held before change		Evolution Capital Partners Pty Ltd 375,547 Ordinary Shares 100,000 - Performance rights A 200,000 - Performance rights B 200,000 - Performance rights C 200,000 - Performance rights D 250,000 – Performance rights E 250,000 – Performance rights F 250,000 – Performance rights G 250,000 – Performance rights H Rio Super Pty Ltd SF A/C> 2,282,704OrdinaryShares
Class		Options
Number acquired		1,000,000 Unlisted Options exercisable at $0.05 expiring 1 December 2027 1,000,000 Unlisted Options exercisable at $0.075 expiring 1 December 2027 1,000,000 Unlisted Options exercisable at $0.10 expiring1 December 2027
Number disposed		N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$57,000 (refer Notice of Annual General Meeting dated 30 October 2023)
No. of securities held after change		Evolution Capital Partners Pty Ltd 375,547 Ordinary Shares 100,000 - Performance rights A 200,000 - Performance rights B 200,000 - Performance rights C 200,000 - Performance rights D 250,000 – Performance rights E 250,000 – Performance rights F 250,000 – Performance rights G 250,000 – Performance rights H 1,000,000 Unlisted Options exercisable at $0.05 expiring 1 December 2027 1,000,000 Unlisted Options exercisable at $0.075 expiring 1 December 2027 1,000,000 Unlisted Options exercisable at $0.10 expiring 1 December 2027 Rio Super Pty Ltd SF A/C> 2,282,704 Ordinary Shares

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

	Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of options as approved at the Annual General Meeting held 29 November 2023

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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Detail of contract N/A
Nature of interest N/A
Name of registered holder N/A
(if issued securities)
Date of change N/A
No. and class of securities to which N/A
interest related prior to change
Note: Details are only required 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
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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?	N/A
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

Date of notice: 1 December 2023

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3