Peak Resources : Appendix 3Z

Appendix 3Z

Final Director's Interest Notice

Rule 3.19A.3

Appendix 3Z

Final 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: PEAK RESOURCES LIMITED

ABN: 72 112 546 700

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	John Jetter
Date of last notice	22 June 2018
Date that director ceased to be director	15 January 2020

Part 1 - Director's relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

2,000,000 vested Options exercisable at $0.05 expiring 21 June 2021

3,000,000 unvested Options, vesting subject to continuous service and the Company either (a) entering into an agreement with a strategic partner for the development of its Ngualla Project; or (b) attracting $20 million worth of funding for FEED (Front End Engineering and Design) for the development of the Ngualla Project, exercisable at $0.10 expiring 21 June 2022

5,000,000 unvested Options, vesting subject to continuous service and the Company settling a funding package for the development and construction of the Ngualla Project, exercisable at $0.15 expiring 21 June 2023

+ See chapter 19 for defined terms.

11/3/2002

Appendix 3Z Page 1

Appendix 3Z

Final Director's Interest Notice

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest

Note: Provide details of the circumstances giving rise to the relevant interest

Number & class of securities

N/A

Part 3 - Director's interests in contracts

Detail of contract

N/A

Nature of interest

Name of registered holder (if issued securities)

No. and class of securities to which interest relates

17 January 2020

+ See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002