BARYS RESOURCES LIMITED — Share Issue/Capital Change 2016

Oct 17, 2016

18 October 2016

ASX ANNOUNCEMENT

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EXPIRATION OF OPTIONS

The Company advises that the following options lapsed unexercised:

Number Class 20,000 Unlisted Options exercisable at $13.60 on or before 17 October 2016

The remaining capital structure of the Company is as follows:

Number	Class
135,401,400	Fully Paid Ordinary Shares
34,500	Unlisted Options exercisable at $7.44 each on or before 17 November 2017
25,000	Unlisted Options exercisable at $14.80 each on or before 19 October 2017
2,500	Unlisted Options exercisable at $20.00 each on or before 30 November 2016, vesting on the
	date the 30 day VWAP for MNE Shares is $48.00 or higher
7,500	Unlisted Options exercisable at $7.60 on or before 9 March 2019
37,501	Unlisted Options exercisable at $6.00 each on or before 15 July 2017
222,223	Unlisted Options exercisable at $6.00 each on or before 30 July 2017
21,750	Unlisted Options exercisable at $2.92 each on or before 16 July 2018

For more information visit the Metallum website at www.metallum.com.au or contact:

Winton Willesee Chairman Metallum Limited wwillesee@metallum.com.au P: + 61 8 9322 4328

Metallum Limited

Suite 5, 62 Ord Street West Perth WA 6005 I Phone +61 (08) 9322 4328 I Fax +61 (08) 9322 5230 I www.metallum.com.au