VOLTAIC STRATEGIC RESOURCES LTD — Director's Dealing 2023

Aug 1, 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

Name of entity	VOLTAIC STRATEGIC RESOURCES LTD
ABN	66 138 145 114

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	John Hannaford
Date of last notice	26 July 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 relevant interest.	JAEK HOLDINGS PTY LTD (director and shareholder of trustee and beneficiary of super fund) RIVERVIEW CORPORATION PTY LTD (director and shareholder) JOHN & EMMA HANNAFORD SUPERANNUATION PTY LTD (director and shareholder of trustee and beneficiary of super fund) ARABELLA RESOURCES PTY LTD (director and shareholder – non-beneficial interest)
Date of change	31 July 2023
No. of securities held prior to change	(a) 13,347,261 Ordinary Shares (b) 13,250,000 unlisted Options (c) 2,500,000 unlisted Options

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	(a) Ordinary Shares (b) Unlisted options exercisable at $0.03 and expiring 3 years from the date of the Company’s re-compliance listing date (c) Unlisted options exercisable at $0.04 and expiring 4 years from the date of the Company’s re-compliance listing date
Number acquired	(a) 700,000 Ordinary Shares (Vendor shares issued as consideration to Arabella Resources Pty Ltd) (d) 350,000 Listed Options Exercise price - $0.08, Expiry date 30-Jun-26 (e) 2,000,000 Class 2A Performance Rights (see Appendix 1) (f) 2,000,000 Class 2B Performance Rights (see Appendix 1) (g) 2,000,000 Class 2C Performance Rights (see Appendix 1) (h) 2,000,000 Class 2D Performance Rights (see Appendix 1)
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	(a) $35,000 (d) Nil (Free attaching options) (e) $158,200 (Non cash) (f) $151,600 (Non cash) (g) $$25,500 to $34,000 (Non cash) (h) $8,500 to $17,000 (Non cash)
No. of securities held after change	(a) 9,047,261 Ordinary Shares (Beneficially held –Riverview Corporation Pty Ltd, John and Emma Hannaford Superannuation Pty Ltd) 5,000,000 Ordinary Shares (Non-beneficially held - Arabella Resources Pty Ltd) (b) 8,250,000 unlisted Options (Beneficially held – JAEK Holdings Pty Ltd, Riverview Corporation Pty Ltd, John and Emma Hannaford Superannuation Pty Ltd) 5,000,00 Options (Non-beneficially held - Arabella Resources Pty Ltd)

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Unlisted options exercisable at $0.03 and expiring 3 years from the date of the Company’s re-compliance listing date (c) 2,500,000 Unlisted Options (Beneficially held – JAEK Holdings Pty Ltd) Unlisted options exercisable at $0.04 and expiring 4 years from the date of the Company’s re-compliance listing date (d) 350,000 Listed Options (Beneficially held by John and Emma Hannaford Superannuation Pty Ltd) (e) 2,000,000 Class 2A Performance Rights (see Appendix 1) (f) 2,000,000 Class 2B Performance Rights (see Appendix 1) (g) 2,000,000 Class 2C Performance Rights (see Appendix 1) (h) 2,000,000 Class 2D Performance Rights (see Appendix 1)

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) Share Placement (d) Free attaching options from Placement (1 new option for every 2 shares purchased) (e) to (h) – as approved by Shareholders at General Meeting held 27-Jul-23 in accordance with Listing Rule 10.11, sections 195(4) and 208 of the Corporations Act.

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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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
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Part 3 –[+] Closed period

Interest after change 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?	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

SIMON ADAMS Company Secretary

2 August 2023

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Appendix 1 Performance Rights Details

Tranche	Number of Performance Rights	Milestone	Expiry Date
2A	2,000,000	The Company’s VWAP being at least $0.10 over 5 consecutive trading days on which the Company’s Shares have actually traded (commencing after the date of the Meeting).	2 years from the date of issue
2B	2,000,000	The Company’s VWAP being at least $0.15 over 5 consecutive trading days on which the Company’s Shares have actually traded (commencing after the date of the Meeting).	3 years from the date of issue
2C	2,000,000	Upon satisfaction of any the following milestones:  Delineation of a JORC Code 2012 compliant inferred resource of no less than 10 million tonnes @ a cut-off of grade no less than 0.80% Li2O on any one of the Company's current or future projects or aggregated across all the Company’s Projects; or  Delineation of a JORC Code 2012 compliant inferred clay hosted Rare Earth Elements (REE) resource of no less than 25 million tonnes @ a cut-off grade of no less than 700 parts per million (ppm) on any one of the Company’s current or future projects or aggregated across all the Company’s Projects; or  Delineation of a JORC Code 2012 compliant inferred hard rock hosted Rare Earth Elements (REE) resource of no less than 10 million tonnes @ a cut- off grade of no less than 0.6% Total Rare Earth Oxide (TREO) on any one of the Company's current or future projects or aggregated across all the Company’s Projects; or  The completion of an acquisition or disposal of a Li2O or REE mining project with a net present value at the time of the transaction being closed of no less than $100,000,000 where the NPV will be calculated using the following formula:	5 years from the date of issue

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Tranche	Number of Performance Rights	Milestone		Expiry Date
		NPV = Rt (1 + i)t Where: Rt= net cash flow at time (t). i = discount rate (weighted average cost of capital being the average cost the company pays for capital from borrowing or selling equity). t = time of the cash flow for the duration of the transaction.
2D	2,000,000	Upon satisfaction of any the following milestones:  Delineation of a JORC Code 2012 compliant inferred resource of no less than 20 million tonnes @ a cut-off of no less than 0.80% Li2O on any one of the Company's current or future projects or aggregated across all the Company’s Projects; or  Delineation of a JORC Code 2012 compliant inferred clay hosted Rare Earth Elements (REE) resource of no less than 50 million tonnes @ a cut-off grade of no less than 700 parts per million (ppm) on any one of the Company's current or future projects or aggregated across all the Company’s Projects; or  Delineation of a JORC Code 2012 compliant inferred hard rock hosted Rare Earth Elements (REE) resource of no less than 20 million tonnes @ a cut- off grade of no less than 0.6% Total Rare Earth Oxide (TREO) on any one of the Company's current or future projects or aggregated across all the Company’s Projects; or  The completion of an acquisition or disposal of a mining project with a net present value of no less than $200,000,000 where the NPV will be calculated using the following formula: NPV = Rt (1 + i)t		5 years from the date of issue

• See chapter 19 for defined terms.

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Tranche	Number of Performance Rights	Milestone	Expiry Date
		Where: Rt= net cash flow at time (t). i = discount rate (weighted average cost of capital being the average cost the company pays for capital from borrowing or selling equity). t = time of the cash flow for the duration of the transaction.

• See chapter 19 for defined terms.

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