Eastern Resources : Appendix 3Y

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	Eastern Resources Limited
ABN	70 126 678 037

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	Ariel Edward King
Date of last notice	17 December 2021

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	2,100,000 - La Paz Resourced Pty Ltd
(including registered holder)	4,200,000 - King Corporate Pty Ltd
Note: Provide details of the circumstances giving rise to the relevant	Mr King the sole shareholder and Director
interest.	of the above.
Date of change	24 January 2022
No. of securities held prior to change	Indirect- 7,000,000 Unlisted Options
	exercisable at $0.0142 on or before 12
	May 2023
	Indirect- 6,300,000 Performance Rights
	Vesting on a 20-day VWAP > $0.05
	expiring on 10 December 2024.
Class	Fully Paid Ordinary Shares
Number acquired	Indirect- 6,300,000 Fully Paid Ordinary
	Shares
Number disposed	Nil
Value/Consideration	Nil
Note: If consideration is non-cash, provide details and estimated
valuation

+ See chapter 19 for defined terms.

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Change of Director's Interest Notice

No. of securities held after change	Indirect- 7,000,000 Unlisted Options
	exercisable at $0.0142 on or before 12
	May 2023.
	Indirect- 6,300,000 Fully Paid Ordinary
	shares.
Nature of change	Indirect- Conversion of Performance
Example: on-market trade, off-market trade, exercise of options, issue	Rights to Fully Paid Ordinary Shares.
of securities under dividend reinvestment plan, participation in buy-
back	.

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

Value/Consideration

Note: If consideration is non-cash, provide details and an estimated valuation

Interest after change

+ See chapter 19 for defined terms.

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Appendix 3Y

Change of Director's Interest Notice

Part 3 - +Closed period

Were the interests in the securities or contracts detailed	NA
above traded during a +closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the	NA
trade to proceed during this period?
If prior written clearance was provided, on what date was	NA
this provided?

+ See chapter 19 for defined terms.

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Appendix 3Y Page 3

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	Eastern Resources Limited
ABN	70 126 678 037

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	Myles Rui Fang
Date of last notice	17 December 2021

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- Performance Rights
		Indirect- Fully Paid Ordinary Shares
	Nature of indirect interest	Fundmax Pty Ltd is a company controlled
	(including registered holder)	by the Director.
	Note: Provide details of the circumstances giving rise to the relevant
	interest.
	Date of change	24 January 2022
	No. of securities held prior to change	Direct- 87,500 Fully Paid Ordinary shares
		Direct- 7,000,000 Unlisted Options
		exercisable at $0.0142 on or before 12
		May 2023.
		Direct- 8,750 Listed options exercisable
		at $0.012 on or before 31 January 2023.
		Indirect- 6,666,666 Fully Paid Ordinary
		shares.
		Direct- 7,000,000 Performance Rights
		Vesting on a 20-day VWAP > $0.05
		expiring on 10 December 2024.
	Class	Fully Paid Ordinary Shares
		Performance Rights
	Number acquired	Indirect- 7,000,000 Fully Paid Ordinary
		shares.
	+ See chapter 19 for defined terms.
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Change of Director's Interest Notice

Number disposed	Direct- 7,000,000 Performance Rights
	Vesting on a 20-day VWAP > $0.05
	expiring on 10 December 2024.
Value/Consideration	Nil for each transaction.
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	Direct- 87,500 Fully Paid Ordinary shares
	Indirect- 7,000,00 Fully Paid Ordinary
	shares
	Direct- 7,000,000 Unlisted Options
	exercisable at $0.0142 on or before 12
	May 2023.
	Direct- 8,750 Listed options exercisable
	at $0.012 on or before 31 January 2023.
	Indirect- 6,666,666 Fully Paid Ordinary
	shares.
Nature of change	7,000,000 directly held Performance
Example: on-market trade, off-market trade, exercise of options, issue	Rights were transferred by the Director to
of securities under dividend reinvestment plan, participation in buy-
back	Fundmax Pty Ltd.
	On conversion of the Performance Rights,
	7,000,000 Fully Paid Ordinary shares were
	issued to Fundmax Pty Ltd.

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
Value/Consideration
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change	Consulting Services Agreement previously notified in
	ASX Appendix 3Y dated 16 December 2021 remain
	unchanged.

+ See chapter 19 for defined terms.

Appendix 3Y Page 2

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