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.

Name of Director	Mr Don Strang
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.

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Direct or indirect interest Indirect
Nature of indirect interest Nichola Strang (spouse of Director)
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change 1 December 2023
No. of securities held after change Direct:
1,663,636 Fully Paid Ordinary Shares
Indirect:
Nichola Strang (spouse of Director)
2,000,000 Unlisted Options with an exercise
price of $0.15 expiring on 30 September 2025
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 expiring 1 December 2027
Number disposed N/A
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01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

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Value/Consideration $57,000 (refer Notice of Annual General
Note: If consideration is non-cash, provide details and estimated valuation Meeting dated 30 October 2023)
No. of securities held after change Direct:
1,663,636 Fully Paid Ordinary Shares
Indirect:
Nichola Strang (spouse of Director)
2,000,000 Unlisted Options with an exercise
price of $0.15 expiring on 30 September 2025
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
Nature of change Issue of options as approved at the
Example: on-market trade, off-market trade, exercise of options, issue
of securities under dividend reinvestment plan, participation in buy- Annual General Meeting held 29
back November 2023
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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

01/01/2011 Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

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

01/01/2011 Appendix 3Y Page 3