FALCON METALS LTD — Director's Dealing 2021

Dec 21, 2021

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity	Falcon Metals Limited
ABN	87 651 893 097

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Timothy Shaun Markwell
Date of appointment	9 December 2021

Part 1 - Director’s relevant interests in securities of which the director is the registered holder 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.

Number & class of securities

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

	Name of holder & nature of interestNote: Provide details of the circumstances giving riseto the relevant interest.Oodouri Kouen Pty Ltd <MarkwellFamily A/C>	Name of holder & nature of interestNote: Provide details of the circumstances giving riseto the relevant interest.Oodouri Kouen Pty Ltd <MarkwellFamily A/C>	Name of holder & nature of interestNote: Provide details of the circumstances giving riseto the relevant interest.Oodouri Kouen Pty Ltd <MarkwellFamily A/C>	Number & class of Securities101,022 Fully Paid Ordinary Shares885,000 Unlisted Options exercisable at $0.75,vesting 15 June 2023 and expiring 15December 2024 (Class A)885000 Unlisted Otions exercisable at $075	Number & class of Securities101,022 Fully Paid Ordinary Shares885,000 Unlisted Options exercisable at $0.75,vesting 15 June 2023 and expiring 15December 2024 (Class A)885000 Unlisted Otions exercisable at $075	Number & class of Securities101,022 Fully Paid Ordinary Shares885,000 Unlisted Options exercisable at $0.75,vesting 15 June 2023 and expiring 15December 2024 (Class A)885000 Unlisted Otions exercisable at $075	Number & class of Securities101,022 Fully Paid Ordinary Shares885,000 Unlisted Options exercisable at $0.75,vesting 15 June 2023 and expiring 15December 2024 (Class A)885000 Unlisted Otions exercisable at $075	Number & class of Securities101,022 Fully Paid Ordinary Shares885,000 Unlisted Options exercisable at $0.75,vesting 15 June 2023 and expiring 15December 2024 (Class A)885000 Unlisted Otions exercisable at $075
				,	pvesting 15 December 202	.3 and expir	,ing
				885,00	15 December 2024 (Class0 Unlisted Options exercis	B)able at $0.	75,
					vesting 15 June 2023 aDecember 2025 (Class C)	nd expiring	15
				885,00	0 Unlisted Options exercisvesting 15 December 20	able at $0.24 expiring	75,15
				December 2025 (Class D)

Part 3 – 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
No. and class of securities to whichinterest relates	N/A

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002