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	Paul Fink
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 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 changeClassNumber acquired	Direct
	3 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 31/7/2023
	Unlisted Convertible Note Facilities
	7,142,857 convertible notes. Direct.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	$50,000 (received July 2019)
No. of securities held after change	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.
Nature of changeExample: on-market trade, off-market trade,exercise of options, issue of securities underdividend reinvestment plan, participation inbuy-back	On 16 July 2019, the Company announced ithadfinalisedLoanNoteFinancingAgreements (Convertible Loan Facilities)which are convertible to shares in ADX toseveral key existing shareholders and newinvestors which raised $1,205,000 of newfunding. Included in this new funding was$150,000 of loan funds provided equally byADX’s Directors Ian Tchacos, Paul Fink andRobert Brown. The funding from ADX’sDirectors required Shareholder approval tobe issued as Convertible Note Facilities.After receiving Shareholder approval on 20September 2019, ADX’s Board resolved toissue the Convertible Loan Facilities to ADX’sDirectors Ian Tchacos, Paul Fink and RobertBrown on 3 October 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.

Detail of contract Nature of interest Name of registered holder (if issued securities)

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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 abovetraded during a+closed period where prior written clearancewas required?	No
If so, was prior written clearance provided to allow the trade toproceed during this period?	N/a
If prior written clearance was provided, on what date was thisprovided?	N/a

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3