Cassini Resources : Appendix 3Y - Change of Directors Interest Notice

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 Cassini Resources Limited

ABN	50 149 789 337

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	Richard Bevan
Date of last notice	18 December 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	Securities held in the Bevan Investment A/C
(including registered holder)	and the Slush Fund S/Plan A/C, both of
Note: Provide details of the circumstances giving rise to the relevant
which Mr Bevan is a trustee
interest.
Date of change	25 September 2020
No. of securities held prior to change	7,872,830 ordinary fully paid shares
	1,115,803 Performance Rights
Class	Ordinary fully paid shares
	Performance Rights
Number acquired	1,115,803 Ordinary fully paid shares

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

Legal/73720794_2

Appendix 3Y

Change of Director's Interest Notice

Number disposed	1,115,803 performance rights
Value/Consideration	Nil - shares issued in respect of performance
Note: If consideration is non-cash, provide details and estimated	rights conversion.
valuation
No. of securities held after change	8,988,633 ordinary fully paid shares
Nature of change	Automatic conversion of performance rights
Example: on-market trade, off-market trade, exercise of options,	into fully paid ordinary shares following the
issue of securities under dividend reinvestment plan, participation in
buy-back	acquisition scheme of arrangement taking
	effect.

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	n/a
(if issued securities)
Date of change	n/a
No. and class of securities to which	n/a
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired	n/a
Interest disposed	n/a
Value/Consideration	n/a
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change	n/a
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	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

Legal/73720794_2