Indiana Resources : Director’s Interest Notice x3

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.

Name of entity	Indiana Resources Limited
ABN	67 009 129 560

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	Bronwyn Barnes
Date of last notice	2 October 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 (2)
Nature of indirect interest	Indirect (1) - held by Laclos Pty Ltd ('Laclos'), an entity controlled by the
(including registered holder)	Director;
Note: Provide details of the circumstances	Indirect (2) - held by S & B Barnes Family Trust ('SBBFT'), an entity
giving rise to the relevant interest.	controlled by the Director;
	Indirect (3) - held by Bronwyn Barnes Family Trust ('BBFT'), an entity
	controlled by the Director.
Date of change	14 October 2020

+ See chapter 19 for defined terms.

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Appendix 3Y Page 1

Appendix 3Y

Change of Director's Interest Notice

No. of securities held prior to	Indirect (1) - held by Laclos
change	(i)	2,055,487 Ordinary Fully Paid Shares;
	(ii)	800,000 Unlisted Options exercisable at $0.09 on or before 14
		January 2023;
	(iii)	800,000 Unlisted Options exercisable at $0.12 on or before 14
		January 2023;
	(iv)	1,541,616 Listed Options exercisable at $0.03 on or before 5
		August 2021.

Indirect (2) - held by SBBFT

(i) 6,734,168 Ordinary Fully Paid Shares;

(ii) 2,000,000 Unlisted Options exercisable at $0.125 on or before 30 November 2020;

(iii) 1,500,000 Unlisted Options exercisable at $0.04 on or before 5 October 2023;

(iv) 2,000,000 Unlisted Options exercisable at $0.07 on or before 5 October 2023;

(v) 5,050,626 Listed Options exercisable at $0.03 on or before 5 August 2021.

Indirect (3) - held by BBFT

(i) 4,500,000 Ordinary Fully Paid Shares;

(ii) 4,500,000 Unlisted Options exercisable at $0.00 on or before 7 February 2021.

Class	Indirect (2)
	(i) Exercise of Listed Options exercisable at $0.03 on or before 5 August
	2021, into Ordinary Fully Paid Shares
Number acquired	-

Number disposed	-
Value/Consideration	Indirect (2)
Note: If consideration is non-cash, provide	(i) $52,518.78
details and estimated valuation

+ See chapter 19 for defined terms.

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				Appendix 3Y
				Change of Director's Interest Notice
	No. of securities held after	Indirect (1) - held by Laclos
	change	(i)	2,055,487 Ordinary Fully Paid Shares;
		(ii)	800,000 Unlisted Options exercisable at $0.09 on or before 14
				January 2023;
		(iii)	800,000 Unlisted Options exercisable at $0.12 on or before 14
				January 2023;
		(iv)	1,541,616 Listed Options exercisable at $0.03 on or before 5
				August 2021.
		Indirect (2) - held by SBBFT
		(i)	8,484,794 Ordinary Fully Paid Shares;
		(ii)	2,000,000 Unlisted Options exercisable at $0.125 on or before 30
				November 2020;
		(iii)	1,500,000 Unlisted Options exercisable at $0.04 on or before 5
				October 2023;
		(iv)	2,000,000 Unlisted Options exercisable at $0.07 on or before 5
				October 2023;
		(v)	3,300,000 Listed Options exercisable at $0.03 on or before 5
				August 2021.
		Indirect (3) - held by BBFT
		(i)	4,500,000 Ordinary Fully Paid Shares;
		(ii)	4,500,000 Unlisted Options exercisable at $0.00 on or before 7
				February 2021.
	Nature of change	Exercise of 1,750,626 Listed Options exercisable at $0.03 on or before 5
	Example: on-market trade, off-market trade,	August 2021, into Ordinary Fully Paid Shares.
	exercise of options, issue 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			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		N/A
	which 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

+ See chapter 19 for defined terms.

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Change of Director's Interest Notice

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	N/A
above traded during a +closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the	N/A
trade 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.

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