ADX ENERGY LTD — Director's Dealing 2019

Oct 3, 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	Robert Brown
Date of last notice	9 August 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 interest	Indirect
Nature of indirect interest	Auspicious Resources & Technical Service Pty
(including registered holder)	Ltd
Note: Provide details of the circumstances
giving rise to the relevant interest.
Date of change	3 October 2019
No. of securities held prior to change	6,994,097 fully paid ordinary shares (indirect)
	Unlisted Convertible Note Facilities
Class
Number acquired	7,142,857 convertible notes. Indirect.
Number disposed	-

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$50,000 (received July 2019)	$50,000 (received July 2019)	$50,000 (received July 2019)
No. of securities held after change			6,994,097 fully paid ordinary shares (indirect) 7,142,857 Convertible notes (indirect) (Convertible into 7,142,857 fully paid ordinary shares at no less than A$0.007 per share) (indirect). Refer to Appendix 3B dated 4
			October 2019 for full terms.
			On 16 July 2019, the Company announced it had finalised Loan Note Financing Agreements (Convertible Loan Facilities) which are convertible to shares in ADX to several key existing shareholders and new investors which
Nature of ch Example: o	ange n-market trade, off-	market trade,	raised $1,205,000 of new funding. Included in this new funding was $150,000 of loan funds provided equally by ADX’s Directors Ian
exercise of dividend re buy-back	options, issue of sec investment plan, p	urities under articipation in	Tchacos, Paul Fink and Robert Brown. The funding from ADX’s Directors required Shareholder approval to be issued as Convertible Note Facilities.
			After receiving Shareholder approval on 20 September 2019, ADX’s Board resolved to issue the Convertible Loan Facilities to ADX’s Directors Ian Tchacos, Paul Fink and Robert Brown on 3 October 2019.
Part 2 Note: In th should be	– Change of directo e case of a company, interest disclosed in this part.	r’s interests in c s which come within para	ontracts graph (ii) of the definition of “notifiable interest of a director”
Detail of co	tract
Nature of in	terest
Name of reg (if issued se	istered holder curities)
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

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 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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

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.

01/01/2011 Appendix 3Y Page 3