ANDROMEDA METALS LIMITED — Director's Dealing 2020

Dec 28, 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 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	Joseph Frederick Ranford
Date of last notice	8 April 2020

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	Joseph Frederick Ranford (The Ranford
(including registered holder)Note: Provide details of the circumstances giving rise to the	Family Trust)
relevant interest.
Date of change	(i)23 December 2020
	(ii) 24 December 2020
No. of securities held prior to change	Direct
	•Nil
	Indirect
	•Nil

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class		Unlisted Performance Rights
Number acquired		(i) 3,250,000(ii) 9,000,000
Number disposed		Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation		(i)$0.274 per performance right(ii) $0.289 per performance right(Black Scholes valuation)
No. of securities held after change		Direct•NilIndirect•3,250,000unlistedperformancerights subject to vesting criteria andexpiring on 23 December 2023•9,000,000unlistedperformancerights subject to vesting criteria andexpiring on 24 December 2022
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participationin buy-back		Partofexecutiveremunerationasapproved by shareholders at the AGMheld on 26 November 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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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 contractsdetailed above traded during a+closed periodwhere prior written clearance was required?	No
If so, was prior written clearance provided to allowthe trade to proceed during this period?	N/A
If prior written clearance was provided, on whatdate was this provided?	N/A

• See chapter 19 for defined terms.

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