ADX ENERGY LTD — Director's Dealing 2019

Oct 15, 2019

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: ADX Energy Ltd

ABN: 50 009 058 636

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 Fink
Date of last notice	4 October 2019

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 interestNature of indirect interest(including registered holder)Note: Provide details of the circumstancesgiving rise to the relevant interest.Date of changeNo. of securities held prior to change	Direct
	16 October 2019
	34,228,834 Fully Paid Ordinary Shares3,415,961 Unlisted Options. Exercise priceNil cents, expire 31/5/20227,208,036 Unlisted Options. Exercise priceNil cents, expire 31/5/20236,182,143 Unlisted Options. Exercise priceNil cents, expire 31/7/20237,142,857 Convertible notes (Convertibleinto 7,142,857 fully paid ordinaryshares at no less than A$0.007per share). Refer to Appendix 3Bdated 4 October 2019 for fullterms.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	Fully Paid Ordinary SharesUnlisted Options
Number acquired	113,636 shares4,295,454 options
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	Shares - $1,250 Non-cash – value based ondirector feesOptions - $47,250 Non-cash – valued basedon consulting fees
No. of securities held after change	34,342,470 Fully Paid Ordinary Shares3,415,961 Unlisted Options. Exercise priceNil cents, expire 31/5/20227,208,036 Unlisted Options. Exercise priceNil cents, expire 31/5/20236,182,143 Unlisted Options. Exercise priceNil cents, expire 31/7/20234,295,454 Unlisted Options. Exercise priceNil cents, expire 31/10/20237,142,857 Convertible notes (Convertibleinto 7,142,857 fully paid ordinaryshares at no less than A$0.007per share). Refer to Appendix 3Bdated 4 October 2019 for fullterms.
Nature of changeExample: on-market trade, off-market trade,exercise of options, issue of securities underdividend reinvestment plan, participation in	Shares - Issued pursuant to ADXs’ Directors’Share Plan approved by Shareholders on 31May 2019. Issued in consideration of partdirectors fees for the quarter ended 30September 2019. Number of shares based ondirectors fees to be paid via equity and VWAPfor the quarter ended 30 September 2019.Options-grantedasapprovedby
buy-back	Shareholders on 31 May 2019. Granted inconsideration of part consulting fees for thequarter ended 30 September 2019. Numberof Options based on VWAP for each quarterduringtheyear ended 30 September 2019.

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.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Detail of contract Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3