ANDROMEDA METALS LIMITED — Director's Dealing 2017

Dec 7, 2017

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 ANDROMEDA METALS LIMITED ABN 75 061 503 375

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	Christopher George Drown
Date of last notice	23 May 2017

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	1. Drown Geological Services Pty Ltd
(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	2. Mr Chris Drown and Mrs Lynette Drown(C&L Drown Family A/C)
	3. ADN LFESP Pty Ltd (as trustee of the
	Adelaide Resources Limited Loan Funded
	Employee Share Plan)
Date of change	7 December 2017
No. of securities held prior to change	Direct
	632,543 shares
	105,424 listed options
	Indirect
	1. 243,000 shares and 40,500 options
	2. 5,891,313 shares and 981,886 options
	3. 3,987,500 shares
Class	Listed ordinary shares
	Listed options
Number acquired	3,383,429 ordinary shares
	3,383,429 listed options

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

NuValNotevalua	NuValNotevalua
	Nu	mber disposed			-
	ValNotevalua	ue/Consideration: If consideration is non-castion	h, provide details	and estimated	$0.005 per sh	are
	No.	of securities held	after change		Direct948,81421,69Indirect	5 shares6 listed optio	ns
					1.364,5002.8,836,973.3,987,50	shares and 10 shares and0 shares	62,000 options3,927,543 opti	ons
	NaE	ture of changel kt td ff	kt td i	f ti	Take up of	full entitlem	ent under Ri	ghts
xaissuein bu	xaissuein bu	pe: on-mare rae, o-mof securities under divideny-back	are rae, exercd reinvestment plan	se o opons,, participation	Issue.

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	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

• 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

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

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3