ARIKA RESOURCES LIMITED — Director's Dealing 2021

Jun 29, 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	Metalicity Limited
ABN	92 086 839 992

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	Jason Livingstone
Date of last notice	18 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	Direct and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Director controlled entity: Livingstone Super Services Pty Ltd
Date of change	28 June 2021

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Mr Livingstone’s relevant interest in securities comprises a direct interest in: • 23,574,348 Shares; • 10,000,000 Performance Rights vesting at $0.05 expiring on 30 January 2023; • 2,000,000 unlisted Options exercisable at $0.025 each on or before 14 January 2022; • 2,000,000 unlisted Options exercisable at $0.035 each on or before 14 January 2022; • 12,299,465 Performance Rights subject to the Company achieving a 20-day volume weighted average price (VWAP) of Shares of at least $0.04 expiring on 18 December 2022; and • 15,231,788 Performance Rights subject to the Company achieving a 20-day volume weighted average price (VWAP) of Shares of at least $0.06 expiring on 18 December 2022.
Class	Fully Paid Shares
Number acquired	N/A This was a transfer between two Director controlled entities with no change to Mr Livingstone’s overall holding.
Number disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

Mr Livingstone’s relevant interest in securities comprises a direct interest in: • 22,559,905 Shares; • 10,000,000 Performance Rights vesting at $0.05 expiring on 30 January 2023; • 2,000,000 unlisted Options exercisable at $0.025 each on or before 14 January 2022; • 2,000,000 unlisted Options exercisable at $0.035 each on or before 14 January 2022; • 12,299,465 Performance Rights subject to the Company achieving a 20-day volume weighted average price (VWAP) of Shares of at least $0.04 expiring on 18 December 2022; and • 15,231,788 Performance Rights subject to the Company achieving a 20-day volume weighted average price (VWAP) of Shares of at least $0.06 expiring on 18 December 2022. Livingstone Super Services Pty Ltd • 1,014,443 Shares

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back

This was a transfer between two Director controlled entities.

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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

Part 3 –[+] Closed period

art 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.

Appendix 3Y Page 4

01/01/2011