TURNSTONE RESOURCES LTD — Director's Dealing 2020

Apr 26, 2020

ASX ANNOUNCEMENT April 27, 2020

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EXPIRY OF PERFORMANCE RIGHTS

Davenport Resources Ltd (ASX: DAV, “Davenport”, “The Company”) advises that Company’s 3,125,000 Series B Performance Rights (as announced on 26 April 2018) have expired as the relevant performance hurdles have not been satisfied in order for Performance Rights to vest on 26 April 2020 and convert into ordinary shares.

Investor & Media Enquiries

Dr Chris Gilchrist Nathan Ryan Managing Director Managing Director Davenport Resources Ltd NWR Communications +353 41 988 3409 +61 420 582 887 cgilchrist@davenportresources.com.au nathan.ryan@nwrcommunications.com.au

Level 1, 675 Murray Street, CONTACT DETAILS West Perth WA 6005 W: davenportresources.com.au PO Box 1088 - E: info@davenportresources.com.au West Perth WA 6872 P: +61 (08) 6145 0291

ABN: 64 153 414 852 ASX Code: DAV ASX Code (Options): DAVO Frankfurt Code: A2DWXX

172.5 M Ordinary Shares 13.4 M Unlisted Options 46.2 M Listed Options 5.9M Performance Rights

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 Davenport Resources Limited ABN 64 153 414 852

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	Patrick McManus
Date of last notice	20 December 2019

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 1
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		Indirect 1 Mr Patrick McManus & Mrs Vivienne McManus of which Patrick McManus is a beneficiary Indirect 2 Roberin Pty Ltd of which Patrick McManus is a beneficiary
Date of change		26 April 2020

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change		Indirect 1 500,000 Performance Rights Series B, convertible into 500,000 fully paid ordinary shares for nil consideration, upon vesting on 26 April 2020 and subject to satisfying the relevant performance hurdle. Indirect 2 112,613 Series C Performance Rights 60,637 Series D Performance Rights 86,625 Series E Performance Rights 86,625 Series F Performance Rights 173,250 Series G Performance Rights 86,625 Series H Performance Rights 43,313 Series I Performance Rights 129,937 Series J Performance Rights 86,625 Series K Performance Rights
Class		Performance Rights Series B
Number acquired		Nil
Number disposed		500,000 Performance Rights Series B, convertible into 500,000 fully paid ordinary shares for nil consideration, upon vesting on 26thApril 2020 and subject to satisfying the relevant performance hurdle
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		N/A
No. of securities held after change		Indirect 1 500,000 Performance Rights Series B, convertible into 500,000 fully paid ordinary shares for nil consideration, upon vesting on 26 April 2020 and subject to satisfying the relevant performance hurdle. Indirect 2 112,613 Series C Performance Rights 60,637 Series D Performance Rights 86,625 Series E Performance Rights 86,625 Series F Performance Rights 173,250 Series G Performance Rights 86,625 Series H Performance Rights 43,313 Series I Performance Rights 129,937 Series J Performance Rights 86,625 Series K Performance Rights

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

Nature of change Expiry of performance rights Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, 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
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
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

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?
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

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 Davenport Resources Limited ABN 64 153 414 852

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	Christopher Gilchrist
Date of last notice	20 December 2019

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Gilchrist Mining Limited, of which Christopher Gilchrist is a director and shareholder
Date of change	26 April 2020

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change		Direct 1,000,000 Performance Rights Series B, convertible into 1,000,000 fully paid ordinary shares for nil consideration, upon vesting on 26thApril 2020 and subject to satisfying the relevant performance hurdle. 321,750 Series C Performance Rights 173,250 Series D Performance Rights 247,500 Series E Performance Rights 247,500 Series F Performance Rights 495,000 Series G Performance Rights 247,500 Series H Performance Rights 123,750 Series I Performance Rights 371,250 Series J Performance Rights 247,500 Series K Performance Rights Indirect 1,175,000 Fully paid ordinary shares 595,238 Free attaching listed options exercisable at $0.20 expiring 31 July 2023
Class		Direct Series B Performance Rights
Number acquired		N/A
Number disposed		Direct 1,000,000 Performance Rights Series B, convertible into 1,000,000 fully paid ordinary shares for nil consideration, upon vesting on 26thApril 2020 and subject to satisfying the relevant performance hurdle
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		N/A

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change		Direct 321,750 Series C Performance Rights 173,250 Series D Performance Rights 247,500 Series E Performance Rights 247,500 Series F Performance Rights 495,000 Series G Performance Rights 247,500 Series H Performance Rights 123,750 Series I Performance Rights 371,250 Series J Performance Rights 247,500 Series K Performance Rights Indirect 1,175,000 Fully paid ordinary shares 595,238 Free attaching listed options exercisable at $0.20 expiring 31 July 2023
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestmentplan, participation in buy-back		Expiry of performance rights

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

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

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?	No
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

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 4

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 Davenport Resources Limited ABN 64 153 414 852

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	Rory Luff
Date of last notice	20 December 2019

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 2
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	ITA Nominees Pty Ltd (Rory Luff is sole director and has a relevant interest in ITA Nominees PtyLtd)
Date of change	26 April 2020
No. of securities held prior to change	Refer to attached schedule
Class	Series B Performance Rights
Number acquired	N/A
Number disposed	375,000 Series B Performance Rights
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	Refer to attached schedule

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change

Expiry of performance rights

Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, 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
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
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

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?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

Schedule of director’s interests – Rory Luff

Securities and change	Rory Luff [Direct]	RL Holdings Pty Ltd **A/C> [Indirect 1]	RL Holdings Pty Ltd **A/C> [Indirect 2]	ITA Nominees Pty Ltd [Indirect 3]	Rafferty Euan Luff [Indirect 4]	Archer Rory Luff [Indirect 5]
Fully Paid Ordinary Shares
Holding prior to change **Holding after change **	- -	1,116,428 1,116,428	6,074,985 6,074,985	6,519,869 6,519,869	10,000 10,000	10,000 10,000
Options exp 31/07/23@20c
Holding prior to change **Holding after change **	- -	297,619 297,619	- -	1,428,571 1,428,571	- -	- -
Performance Rights Series B
Holding prior to change Expiry Holding after change	- - -	- - -	375,000 (375,000) -	- - -	- - -	- - -
Performance Rights Series C
Holding prior to change Holding after change	112,613 112,613	- -	- -	- -	- -	- -
Performance Rights Series D
Holding prior to change Holding after change	60,637 60,637	- -	- -	- -	- -	- -
Performance Rights Series E
Holding prior to change Holding after change	86,625 86,625	- -	- -	- -	- -	- -
Performance Rights Series F
Holding prior to change Holding after change	86,625 86,625	- -	- -	- -	- -	- -
Performance Rights Series G
Holding prior to change Holding after change	173,250 173,250	- -	- -	- -	- -	- -
Performance Rights Series H
Holding prior to change Holding after change	86,625 86,625	- -	- -	- -	- -	- -
Performance Rights Series I
Holding prior to change Holding after change	43,313 43,313	- -	- -	- -	- -	- -
Performance Rights Series J
Holding prior to change Holding after change	129,937 129,937	- -	- -	- -	- -	- -
Performance Rights Series K
Holding prior to change Holding after change	86,625 86,625	- -	- -	- -	- -	- -

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3