ANDROMEDA METALS LIMITED — Director's Dealing 2018

Dec 3, 2018

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	Andrew Nicholas Shearer
Date of last notice	14 December 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		Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.		Valas Investments Pty Ltd
Date of change		3 December 2018
No. of securities held prior to change		DirectNilIndirect8,496,773 listed options with anexercise price of $0.012 andexpiry date of 30 November 2020
Class		Ordinary Shares
Number acquired		2,361,673 ordinary shares
Number disposed		-

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation		$17,500
No. of securities held after change		DirectNilIndirect2,361,673 ordinary shares8,496,773 listed options with anexercise price of $0.012 andexpiry date of 30 November 2020
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participationin buy-back		Issued as settlement of deferred feespayable in shares for the period 1December 2017 to 30 November 2018 asapproved by shareholders at the 2017AGM

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

Part 3 –[+] Closed period

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Were the interests in the sdetailed above traded duriwhere prior written clearancIf so, was prior written clearthe trade to proceed during tIf prior written clearance wdate was this provided?	Were the interests in the sdetailed above traded duriwhere prior written clearanc	ecurities or contract	s	No
		ng a+closed perioe was required?	d
	If so, was prior written clearthe trade to proceed during t	ance provided to allohis period?	w	N/A
	If prior written clearance wdate was this provided?	as provided, on wh	at	N/A

• See chapter 19 for defined terms.

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