Change of Director Interest Notice x 2

Appendix 3Y
Change of Director’s Interest Notice



+ See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

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 Minerals Exploration Limited
ABN 85 650 124 324

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 Brett Mitchell
Date of last notice 3 July 2025

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.

Mr Brett Mitchell + Mrs Michelle Mitchell
<Mitchell Spring Family A/C>
(Trustee and beneficiary)

Mr Brett Mitchell + Mrs Michelle Mitchell
<Lefthanders Super Fund A/C>
(Trustee and beneficiary)

Date of change 19 December 2025
No. of securities held prior to change Mr Brett Mitchell + Mrs Michelle Mitchell
<Mitchell Spring Family A/C>
750,000 unlisted options ($0.30, 27/5/2027)
2,100,00 performance rights expiring 11 Dec
2028

Mr Brett Mitchell + Mrs Michelle Mitchell
<Lefthanders Super Fund A/C>
1,550,000 fully paid ordinary shares
250,000 unlisted options ($0.30, 27/5/2027)
700,000 performance rights expiring 11 Dec
2028

Class Fully paid ordinary shares

Appendix 3Y
Change of Director’s Interest Notice



+ See chapter 19 for defined terms.

Appendix 3Y Page 2 01/01/2011

Number acquired 1,800,000 fully paid ordinary shares
Number disposed Nil
Value/Consideration
Note: If consideration is non-cash, provide details and estimated
valuation

Nil - conversion of performance rights to fully
paid ordinary shares
No. of securities held after change Mr Brett Mitchell + Mrs Michelle Mitchell
<Mitchell Spring Family A/C>
1,350,000 fully paid ordinary shares
750,000 unlisted options ($0.30, 27/5/2027)
750,000 performance rights expiring 11 Dec
2028

Mr Brett Mitchell + Mrs Michelle Mitchell
<Lefthanders Super Fund A/C>
2,000,000 fully paid ordinary shares
250,000 unlisted options ($0.30, 27/5/2027)
250,000 performance rights expiring 11 Dec
2028

Nature of change
Example: on-market trade, off-market trade, exercise of options, issue
of securities under dividend reinvestment plan, participation in buy-
back
Conversion of performance rights to fully paid
ordinary shares

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

Appendix 3Y
Change of Director’s Interest Notice



+ See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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

Appendix 3Y
Change of Director’s Interest Notice



+ See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

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 Minerals Exploration Limited
ABN 85 650 124 324

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 Alexander Passmore
Date of last notice 3 July 2025

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.

N/A

Date of change 19 December 2025
No. of securities held prior to change 837,500 fully paid ordinary shares
750,000 performance rights expiring 11 Dec
2028

Class Fully paid ordinary shares
Number acquired 500,000 fully paid ordinary shares
Number disposed Nil
Value/Consideration
Note: If consideration is non-cash, provide details and estimated
valuation

Nil - conversion of performance rights to fully
paid ordinary shares

Appendix 3Y
Change of Director’s Interest Notice



+ See chapter 19 for defined terms.

Appendix 3Y Page 2 01/01/2011

No. of securities held after change 1,337,500 fully paid ordinary shares
250,000 performance rights expiring 11 Dec
2028

Nature of change
Example: on-market trade, off-market trade, exercise of options, issue
of securities under dividend reinvestment plan, participation in buy-
back
Conversion of performance rights to fully paid
ordinary shares

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

Appendix 3Y
Change of Director’s Interest Notice



+ See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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