ADVANCE METALS LIMITED — Director's Dealing 2016

Dec 20, 2016

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 Pacific American Coal Limited

ABN 83 127 131 604

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	Paul Chappell
Date of last notice	3 February 2015

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.

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Direct or indirect interest Indirect Interests
Nature of indirect interest 1. Invia Custodian Pty Limited (including registered holder) A/C>
Note: Provide details of the 2. Pacat Pty Limited
circumstances giving rise to
the relevant interest.
Date of change 14 December 2016
No. of securities held prior Number of Number of
to change Shares Options
Un-escrowed 847,223 125,000
ASX escrowed for
24 months
commencing 16
February 2015 833,334 1,466,668
Total 1,680,557 1,591,668
Class Ordinary fully paid shares.
Options - each acquire one Share, exercisable at
25 cents each on or before 31 December 2017.
Number acquired Number of Number of
Shares Options
Un-escrowed 105,903 52,952
Number disposed Nil
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• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non- cash, provide details and estimatedvaluation	$0.10 cash each share
No. of securities held after change	Number of Shares Number of Options
	Un-escrowed 953,126 177,952 ASX escrowed for 24 months commencing 16 February2015 833,334 1,466,668
	Total 1,786,460 1,644,620
Nature of change Example: on-market trade, off- market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue on 14 December 2016 of shares and options for Entitlement Offer.

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.

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Detail of contract Nil
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 interest related prior to N/A
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
Value/Consideration N/A
Note: If consideration is non-cash, provide details and an estimated
valuation
Interest after change N/A
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Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011