ANDROMEDA METALS LIMITED — Director's Dealing 2021

Jul 26, 2021

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	29 December 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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Valas Investments Pty Ltd
Date of change	27 July 2021

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change		Direct • Nil Indirect • 10,991,019 ordinary shares • 8,000,000 unlisted options with an exercise price of $0.064 and an expiry date of 28 November 2022 • 3,500,000 unlisted options with an exercise price of $0.075 and an expiry date of 28 November 2023, and which vest 12 months after the 2019 AGM as long as Mr Shearer is still a director of ADN at that time • 2,250,000 unlisted performance rights subject to vesting criteria and expiring on 23 December 2023
Class		Ordinary Shares
Number acquired		146,185
Number disposed		Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$0.15 per share
No. of securities held after change		Direct • Nil Indirect • 11,137,204 ordinary shares • 8,000,000 unlisted options with an exercise price of $0.064 and an expiry date of 28 November 2022 • 3,500,000 unlisted options with an exercise price of $0.075 and an expiry date of 28 November 2023, and which vest 12 months after the 2019 AGM as long as Mr Shearer is still a director of ADN at that time • 2,250,000 unlisted performance rights subject to vesting criteria and expiring on 23 December 2023
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		Participation in Share Purchase Plan.

• See chapter 19 for defined terms.

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01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

Part 3– +Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

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