ALTAMIN LIMITED — Director's Dealing 2020

Aug 27, 2020

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	Alta Zinc Limited
ABN	63 078 510 988

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	Marcello Davide Cardaci
Date of last notice	16 April 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	Direct and indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise tothe relevant interest.	Marcello Cardaci has an indirect interest as abeneficiary of the Spyder Super Fund and a currentassociation with the trustee of the Spyder SuperFund in respect of the shares it holds in Alta ZincLimited.Malvasia PtyLtd <The Spyder Super Fund A/c>
Date of change	25 & 27 August 2020
No. of securities held prior to change	Malvasia Pty Ltd <The Spyder Super Fund A/c>132,699,710 fully paid ordinary shares
Class	Fully paid ordinary shares (Shares)Listed Options
Number acquired	Malvasia Pty Ltd <The Spyder Super Fund A/c>50,000,000 fully paid ordinary sharesMalvasia Pty Ltd <The Spyder Super Fund A/c>16,666,667 Listed OptionsMarcello Davide Cardaci1,712,344 fully paid ordinary shares

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	Not applicable
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	$200,000 for 50,000,000 Shares at a price of $0.004per share and 16,666,667 free attaching ListedOptions issued pursuant to Placement1,712,344 Shares issued in-lieu of deferredDirector’s Fee at a deemedprice of$0.004per share
No. of securities held after change	Malvasia Pty Ltd <The Spyder Super Fund A/c>182,699,710 fully paid ordinary sharesMalvasia Pty Ltd <The Spyder Super Fund A/c>16,666,667 Listed OptionMarcello Davide Cardaci1,712,344 fully paid ordinaryshares
Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestmentplan, participation in buy-back	Shares and Listed Options issued pursuant toPlacement, as approved at General Meeting ofshareholders 20 August 2020Shares issued in-lieu of deferred Director’s fees, asapproved at a General Meeting of shareholders20 August 2020

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 Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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?	Not Applicable
If prior written clearance was provided, on what date was thisprovided?	Not Applicable

28 August 2020

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3