VANADIUM RESOURCES LIMITED — Director's Dealing 2021

Sep 26, 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 Vanadium Resources Limited ABN 47 618 307 887

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 John Ciganek
Date of last notice	18 December 2020

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.	Ciganek Family Trust (John Ciganek is a Trustee and Beneficiary)
Date of change	27 September 2021
No. of securities held prior to change	Nil
Class	Class A Performance Rights Class B Performance Rights
Number acquired	1,325,000 Class A Performance Rights 1,000,000 Class B Performance Rights
Number disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil

• 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 after change 1,325,000 Class A Performance Rights 1,000,000 Class B Performance Rights Nature of change Issue of securities as approved by Example: on-market trade, off-market trade, exercise of options, issue of Shareholders at the General Meeting held securities under dividend reinvestment plan, participation in buy-back 1 September 2021

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.

==> picture [434 x 324] intentionally omitted <==

----- Start of picture text -----

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
----- End of picture text -----

Part 3 –[+] Closed period

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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 1 September 2021 – Approval from Shareholders to issue, no trade (sale or purchase)has occurred.
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 Vanadium Resources Limited ABN 47 618 307 887

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 Jurie Hendrik Wessels
Date of last notice	26 July 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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Danterne Pty Ltd (Jurie Wessels is a Director and Shareholder) And Danterne Trust (Jurie Wessels is a Trustee and Beneficiary)
Date of change	27 September 2021
No. of securities held prior to change	Danterne Pty Ltd: 44,981,437 fully paid ordinary shares 10,857,587 Options exercisable at 10.8c expiring26/09/2021
Class	A: Class A Performance Rights A: Class B Performance Rights B: Unlisted Options
Number acquired	Danterne Trust A: 1,325,000 Class A Performance Rights A: 1,000,000 Class B Performance Rights
Number disposed	Danterne Pty Ltd: B: 10,857,587 Options exercisable at 10.8c expiring 26/09/2021

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Nil Note: If consideration is non-cash, provide details and estimated valuation No. of securities held after change Danterne Pty Ltd: 44,981,437 fully paid ordinary shares Danterne Trust: 1,325,000 Class A Performance Rights 1,000,000 Class B Performance Rights Nature of change A: Example: on-market trade, off-market trade, exercise of options, issue of Issue of securities as approved by securities under dividend reinvestment plan, participation in buy-back Shareholders at the General Meeting held 1 September 2021 B: Expiry on 26/09/2021 of unlisted options exercisable at 10.8c

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.

==> picture [434 x 324] intentionally omitted <==

----- Start of picture text -----

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
----- End of picture text -----

Part 3 –[+] Closed period

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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 1 September 2021 – Approval from Shareholders to issue, no trade (sale or purchase)has occurred.
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 Vanadium Resources Limited ABN 47 618 307 887

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 Michael Davy
Date of last notice	26 June 2020

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.	Davy Corp Pty Ltd ATF Davy Investment (Michael Davy is Sole Director and Shareholder)
Date of change	27 September 2021
No. of securities held prior to change	Davy Corp Pty Ltd ATF Davy Investment: 13,474,564 Fully paid ordinary Shares 1,400,000 Unlisted Options @ $0.108c Exp 26/09/2021 124,830 Unlisted Options @ $0.053c Exp 01/12/2021
Class	Class A Performance Rights Class B Performance Rights Unlisted Options
Number acquired	Davy Corp Pty Ltd ATF Davy Investment: A: 1,325,000 Class A Performance Rights A: 1,000,000 Class B Performance Rights
Number disposed	Davy Corp Pty Ltd ATF Davy Investment: B: 1,400,000 Options exercisable at 10.8c expiring 26/09/2021

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	Davy Corp Pty Ltd ATF Davy Investment: 13,474,564 Fully paid ordinary Shares 124,830 Unlisted Options @ $0.053c Exp 01/12/2021 1,325,000 Class A Performance Rights 1,000,000 Class B Performance Rights
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	A: Issue of securities as approved by Shareholders at the General Meeting held 1 September 2021 B: Expiry on 26/09/2021 of unlisted options exercisable at 10.8c

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.

Appendix 3Y Page 2

01/01/2011

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?	N/A 1 September 2021 – Approval from Shareholders to issue, no trade (sale or purchase)has occurred.
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 Vanadium Resources Limited ABN 47 618 307 887

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 Nicolas Pillipus Jacobus Van Der Hoven
Date of last notice	26 July 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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Kumane Investments Pty Ltd (Nicolas Pillipus Jacobus Van Der Hoven is a Director and Shareholder) and The Kumane Trust (Nicolas Pillipus Jacobus Van Der Hoven is a Trustee and a Beneficiary)
Date of change	27 September 2021
No. of securities held prior to change	Kumane Investments Pty Ltd: 44,981,437 Fully Paid Ordinary Shares 10,857,587 Options exercisable at 10.8c expiring 26/09/2021
Class	A: Class A Performance Rights A: Class B Performance Rights B: Unlisted options
Number acquired	The Kumane Trust: A: 1,325,000 Class A Performance Rights A: 1,000,000 Class B Performance Rights

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed	Kumane Investments Pty Ltd: B: 10,857,587 Options exercisable at 10.8c expiring 26/09/2021
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	Kumane Investments Pty Ltd: 44,981,437 Fully Paid Ordinary Shares The Kumane Trust 1,325,000 Class A Performance Rights 1,000,000 Class B Performance Rights
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	A: Issue of securities as approved by Shareholders at the General Meeting held 1 September 2021 B: Expiry on 26/09/2021 of unlisted options exercisable at 10.8c

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.

==> picture [434 x 254] intentionally omitted <==

----- Start of picture text -----

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
----- 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

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 1 September 2021 – Approval from Shareholders to issue, no trade (sale or purchase)has occurred.
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