Announcement PDF ASX:DRE +61 (08) 9473 8345 info@dreres.com.au Unit 1, 4 Burgay Court Osborne Park WA 6017 ABN 40 119 031 864 9 April 2024 Exercise of Options & Investment by Directors Dreadnought Resources Limited (“Dreadnought” or “the Company”) advises that a total of 31,500,000 ordinary fully paid shares (“Shares”) were issued today on the exercise of options held by Managing Director, Dean Tuck. The amount raised on the exercise of the options was $157,500. Representatives of Shaw and Partners Limited as well as non-executive directors, Paul Chapman and Philip Crutchfield, purchased 20,000,000 Shares from Mr Tuck to cover the exercise price and tax payable to enable the conversion of the options. Dean Tuck has retained 11,500,000 Shares. This brings the total amount invested by directors in the Company to ~$6.6m. The Company relies on section 708A of the Corporations Act 2001 (Cth) (the Act) in relation to the issue. In accordance with section 708A(5)(e) of the Act, the following information is provided: 1. 2. 3. 4. 5. This notice is being given within five (5) business days after the day of issue; The issue was made without disclosure to investors under Part 6D.2 of the Act; This notice is given under section 708A(5)(e) of the Act; As at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and section 674 of the Act; and As at the date of this notice, there is no excluded information to be provided in accordance with section 708A(6)(e) of the Act. The Company’s current capital structure is shown below. Capital Structure Quoted Securities Fully Paid Ordinary Shares 3, 513,072,960 Unquoted Securities Options @ $0.04 expiring 02/07/2024 Options @ $0.06 expiring 11/08/2024 Options @ $0.06 expiring 26/11/2024 Options @ $0.065 expiring 14/07/2025 Options @ $0.094 expiring 9/10/2025 Options @ $0.1575 expiring 16/12/2025 Options @ $0.12 expiring 02/03/2026 Options @ $0.075 expiring 14/06/2026 Performance Rights expiring 31/12/2025 For further information please contact: Dean Tuck Managing Director Dreadnought Resources Limited E:dtuck@dreres.com.au 12,100,000 2,000,000 2,000,000 8,500,000 6,000,000 853,098 1,223,151 2,000,000 17,500,000 Jessamyn Lyons Company Secretary Dreadnought Resources Limited E:jlyons@dreres.com.au This announcement is authorised for release to the ASX by the Board of Dreadnought. 1