TRUE NORTH COPPER LIMITED — Director's Dealing 2021

Nov 7, 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 entity Duke Exploration Limited

ABN 28 119 421 868

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	Paul Frederiks
Date of last notice	1 July 2021

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 and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Frederiks Family Super Fund – Power to vote shares
Date of change	5 November 2021
No. of securities held prior to change	1,485,000 Fully Paid Ordinary Shares – escrowed until 10 November 2022 989,011 Options with an exercise price of 25 cents & expiry date of 21 September 2027 - escrowed until 10 November 2022 60,000 Fully Paid Ordinary Shares - P & V Investments (Qld) Pty Ltd ATF Frederiks Family Superannuation Fund – Escrowed until 10 November 2022 123,334 Fully Paid Ordinary Shares - P & V Investments (Qld) Pty Ltd ATF Frederiks Family Superannuation Fund

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	Fully Paid Ordinary Shares
Number acquired	60,000
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	18.5 cents per share
No. of securities held after change	1,485,000 Fully Paid Ordinary Shares – escrowed until 10 November 2022 989,011 Options with an exercise price of 25 cents & expiry date of 21 September 2027 - escrowed until 10 November 2022 60,000 Fully Paid Ordinary Shares - P & V Investments (Qld) Pty Ltd ATF Frederiks Family Superannuation Fund – Escrowed until 10 November 2022 183,334 Fully Paid Ordinary Shares - P & V Investments (Qld) Pty Ltd ATF Frederiks Family Superannuation Fund
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	On-market purchase

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	-
Nature of interest
Name of registered holder (if issued securities)
Date of change
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
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.

01/01/2011

Appendix 3Y Page 3