AUSTIN METALS LIMITED — Director's Dealing 2016

Aug 15, 2016

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 Silver City Minerals Limited (ASX Code: SCI)

ABN 68 130 130 933 309

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 Torrey

Date of last notice 5 July 2016

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	Megmax Pty Ltd <CGT Super Fund A/C>
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	In effect has a relevant interest in sharesheld by Super Fund
Date of change	10 August 2016
No. of securities held prior to change	Indirect:-1,087,556 Ordinary shares-1,000,000 Options expire 27September 2016, exercise price 8cents-2,000,000 Options expire 2December 2017, exercise price10 cents-1,000,000 Options expire 24November 2018, exercise price 4cents
Class	Ordinary Shares

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	10,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$0.045 per share
No. of securities held after change	Indirect:-1,097,556 Ordinary shares-1,000,000 Options expire 27September 2016, exercise price 8cents-2,000,000 Options expire 2December 2017, exercise price10 cents-1,000,000 Options expire 24November 2018, exercise price 4cents
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Off market transfer

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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 detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

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