Pursuit Minerals : Issue of Securities 3Y x 3

ASX Announcement

For personal use only

The Company's principal business objectives are the acquisition, exploration, development andoperation of PGE, copper, nickel silver, gold, vanadium and other mineral deposits.

Directors

Peter Wall (Chairman)

Mark Freeman (MD)

Bob Affleck (Technical Director)

Company Secretary

Mark Freeman

Capital Structure

ASX Code	PUR
Shares	945,549,194
0.7c exp 18/9/23	36,000,000
Perform. Rights	63,500,000

3 February 2022

Issue of Securities

Pursuit Minerals Limited (ASX:PUR) ("Pursuit" or the "Company") is pleased to advise the Company has moved to allotment of the 60,000,000 unlisted performance rights in accordance with Shareholder Approval on 31 January 2022.

This release was approved by the Board.

For more information about Pursuit Minerals and its projects,

contact:

Mark Freeman	Mathew Perrot
Managing Director	Exploration Manager
[e-mail]	[e-mail]
T:+ 61 412 692 146	T: + 61 411 406 810

www.pursuitminerals.com.au

Pursuit Go Forward Plan 2022*

Pursuit Minerals Limited | ACN 128 806 977 | ASX: PUR

Suite 4, 246-250 Railway Parade | West Leederville | WA Australia 6007 PO Box 214 | West Perth | WA 6872 Australia

T + 61 8 6500 3271 | [e-mail] | www.pursuitminerals.com.au

For personal use only

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 30/9/2001.Amended 1/1/11

Name of entity PURSUIT MINERALS LIMITED

ABN 27 128 806 977

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	Peter Christopher Wall
Date of last notice	17 November 2020

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	A. Pheakes Pty Ltd - an entity in which
	(including registered holder)	Mr Wall has an interest
	Note: Provide details of the circumstances giving rise to the relevant	B. Peter	Christopher Wall	and Tanya-
	interest.
	Lee Wall - superannuation fund in
		which Mr Wall has an interest
	Date of change	3 February 2022
	No. of securities held prior to change
	Pheakes Pty Ltd	19,975,547 fully paid ordinary shares
		450,450 Options (exercisable $0.10, expiry
		31 October 2021)
		13,000,000	Unlisted Options	(exercisable
		$0.007, expiry 18 September 2023)
	Peter Christopher Wall and Tanya-Lee Wall	9,030,458 fully paid ordinary shares
	- Superannuation fund	900,901 Options (exercisable $0.10, expiry
		31 October 2021)
	Class	Performance rights
	+ See chapter 19 for defined terms.
01/01/2011		Appendix 3Y Page 1

For personal use only

Appendix 3Y

Change of Director's Interest Notice

Number acquired	5,000,000	Performance Rights A
	5,000,000	Performance Rights B
	5,000,000	Performance Rights C
Number disposed	nil
Value/Consideration	nil
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	19,975,547 fully paid ordinary shares
Pheakes Pty Ltd
	450,450 Options (exercisable $0.10, expiry
	31 October 2021)
	13,000,000	Unlisted	Options	(exercisable
	$0.007, expiry 18 September 2023)
	5,000,000	Performance Rights A
	5,000,000	Performance Rights B
	5,000,000	Performance Rights C
Peter Christopher Wall and Tanya-Lee Wall	9,030,458 fully paid ordinary shares
- Superannuation fund	900,901 Options (exercisable $0.10, expiry
31 October 2021)
Nature of change	Performance	rights	issued	following
Example: on-market trade, off-market trade, exercise of options,	shareholder	approval	given at	the Annual
issue of securities under dividend reinvestment plan, participation in	General Meeting held 31 January 2022.
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	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

+ See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

For personal use only

Appendix 3Y

Change of Director's Interest Notice

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

Were the interests in the securities or contracts detailed	No
above traded during a +closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the trade	N/A
to proceed during this period?
If prior written clearance was provided, on what date was	N/A
this provided?

+ See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3

For personal use only

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 30/9/2001.Amended 1/1/11

Name of entity PURSUIT MINERALS LIMITED

ABN 27 128 806 977

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	Mark Freeman
Date of last notice	17 November 2020

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	Mark Freeman Family Trust - a family trust
(including registered holder)	in which Mr Freeman has an interest
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	3 February 2022
No. of securities held prior to change	2,571,429 fully paid ordinary shares
	23,000,000 Unlisted Options (exercisable at
	$0.007 on 18 September 2023)
Class	Performance rights
Number acquired	6,666,667 Performance Rights A
	6,666,667 Performance Rights B
	6,666,667 Performance Rights C
Number disposed	nil
Value/Consideration	nil
Note: If consideration is non-cash, provide details and estimated
valuation

+ See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1