VANADIUM RESOURCES LIMITED — Director's Dealing 2024

Jun 27, 2024

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	21 June 2024

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.	Danterne Pty Ltd (Jurie Wessels is a Director and Shareholder) Danterne Trust (Jurie Wessels is a beneficiary)
Date of change	28 June 2024
No. of securities held prior to change	Direct 982,792 Tranche 1 Performance Rights 982,791 Tranche 2 Performance Rights 982,791 Tranche 3 Performance Rights Indirect Danterne Pty Ltd: 45,721,437 fully paid ordinary shares Danterne Trust: 1,325,000 Class A Performance Rights 1,000,000 Class B Performance Rights
Class	Fully paid ordinary shares Performance rights
Number acquired	Direct 2,325,000 fully paid ordinary shares

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	Indirect 1,325,000 Class A Performance Rights 1,000,000 Class B Performance Rights
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Gross proceeds of $2,325 paid on conversion of 1,325,000 Class A Performance Rights and 1,000,000 Class B Performance Rights.
No. of securities held after change	Direct 2,325,000 fully paid ordinary shares 982,792 Tranche 1 Performance Rights 982,791 Tranche 2 Performance Rights 982,791 Tranche 3 Performance Rights Indirect Danterne Pty Ltd: 45,721,437 fully paid ordinary shares Danterne Trust: Nil
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Vesting condition of Class A and Class B Performance Rights met and recipient exercised notice. It was noted that subsequent to the exercise, Mr Wessels transferred the Class A and B Rights to his direct holding.

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	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
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	N/A
Interest acquired	N/A
Interest disposed	N/A

• 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	N/A
Interest after change	N/A

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?	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 3