RINCON RESOURCES LIMITED — Director's Dealing 2023

Jul 26, 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

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 Blair Sergeant
Date of last notice	22 May 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 relevantinterest.	Evolution Capital Partners Pty Ltd <GoldenTriangle A/C> - an entity related to MrBlair SergeantRio Super Pty Ltd <Rio Grande Do Norte SFA/C> - an entity related to Mr BlairSergeant
Date of change	25 July 2023

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

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----- Start of picture text ----- No. of securities held before change Evolution Capital Partners Pty Ltd <GoldenTriangle A/C>375,547 Ordinary Shares100,000 - Performance rights A200,000 - Performance rights B200,000 - Performance rights C200,000 - Performance rights D250,000 – Performance rights E250,000 – Performance rights F250,000 – Performance rights G250,000 – Performance rights HRio Super Pty Ltd <Rio Grande Do Norte SFA/C>737,250 Ordinary SharesClass Ordinary SharesNumber acquired Rio Super Pty Ltd <Rio Grande Do Norte SFA/C>545,454 Ordinary SharesNumber disposed N/AValue/Consideration $30,000Note: If consideration is non-cash, provide details and estimatedvaluationNo. of securities held after change Evolution Capital Partners Pty Ltd <GoldenTriangle A/C>375,547 Ordinary Shares100,000 - Performance rights A200,000 - Performance rights B200,000 - Performance rights C200,000 - Performance rights D250,000 – Performance rights E250,000 – Performance rights F250,000 – Performance rights G250,000 – Performance rights HRio Super Pty Ltd <Rio Grande Do Norte SFA/C>1,282,704 Ordinary SharesNature of change Participation in Share Purchase Plan asExample: on-market trade, off-market trade, exercise of options, issue announced on 5 June 2023of securities under dividend reinvestment plan, participation in buy-back----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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 N/ANature of interest N/AName of registered holder N/A(if issued securities)Date of change N/ANo. and class of securities to which N/Ainterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changedInterest acquired N/AInterest disposed N/AValue/Consideration N/ANote: If consideration is non-cash, provide detailsand an estimated valuationInterest after change N/A----- End of picture text -----

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	N/A
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

Date of notice: 27 July 2023

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3