Navarre Minerals : 21/11/2019 – Change of Director’s Interest Notice – G McDermott

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 Navarre Minerals Limited

ABN	66 125 140 105

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	Geoffrey John McDermott
Date of last notice	22 May 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.
Date of change	18 November 2019
No. of securities held after change
Mrs Catherine Lee McDermott	5,163,358 ordinary fully paid shares
New Chum Holdings Pty Ltd	7,628,646 ordinary fully paid shares
Superannuation A/C>
Mr Geoffrey John McDermott & Mrs	186,564 ordinary fully paid shares
Catherine Lee McDermott
and William McDermott>
Mr Geoffrey John McDermott	3,000,000 unlisted options for ordinary shares
	(exercise price $0.15, expiry 10/4/23)
	3,000,000 unlisted options for ordinary shares
	(exercise price $0.12, expiry 17/5/24)
Total	12,978,568 ordinary fully paid shares
	6,000,000 unlisted options
Class	Unlisted share performance rights

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y

Change of Director's Interest Notice

Number acquired	1,500,000 Share Performance Rights
Number disposed	Nil
Value/Consideration	Nil
Note: If consideration is non-cash, provide details and
estimated valuation
No. of securities held after change
Mrs Catherine Lee McDermott	5,163,358 ordinary fully paid shares
New Chum Holdings Pty Ltd	7,628,646 ordinary fully paid shares
Superannuation A/C>
Mr Geoffrey John McDermott & Mrs	186,564 ordinary fully paid shares
Catherine Lee McDermott
and William McDermott>
Mr Geoffrey John McDermott	3,000,000 unlisted options for ordinary shares
	(exercise price $0.15, expiry 10/4/23)
	3,000,000 unlisted options for ordinary shares
	(exercise price $0.12, expiry 17/5/24)
	1,500,000 Share Performance Rights (expiry 31
	December 2022)
Total	12,978,568 ordinary fully paid shares
	6,000,000 unlisted options
	1,500,000 share performance rights
Nature of change	Issue of share performance rights, under the Navarre
Example: on-market trade, off-market trade, exercise of	Minerals Limited Performance Rights Plan, as
options, issue of securities under dividend reinvestment plan,	approved by shareholders at the Company's Annual
participation in buy-back
General Meeting on 18 November 2019

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

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

+ 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	No
traded during a +closed period where prior written clearance was
required?
If so, was prior written clearance provided to allow the trade to	N/A
proceed during this period?
If prior written clearance was provided, on what date was this	N/A
provided?

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 3