GROUP 6 METALS LIMITED — Director's Dealing 2014

Aug 14, 2014

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 King Island Scheelite Limited ABN 40 004 681 734

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	Allan DAVIES
Date of last notice	25 March 2014

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	or indirect interest	or indirect interest	or indirect interest	Indirect
Nature of indirect interest					Invia Custodian Pty Ltd as custodian for AJ & LM Davies Family
(including			registered		Trust
holder)
Note:	Provide	detailsof		the
circumstances giving		rise	to the relevant
interest.
Date of change					11 August 2014
No. of	securities		held prior					Number
to change
					Ordinary fully	paid shares		2,887,367
					Unquoted options
					Exercise
					Price per
					share	Vesting Date	Expiry Date
					15 cents	1stJanuary 2014	31stDecember 2018	1,000,000
					22 cents	1stJanuary 2015	31stDecember 2019	1,500,000
					28 cents	1stJanuary 2016	31stDecember 2020	2,000,000
								4,500,000
Class					Ordinary fully	paid shares

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number acquired	360,921
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash,provide details and estimated valuation	12 cents cash each Share
No. of securities held afterchange	Ordinary fully paid sharesUnquoted optionsExercisePrice pershareVesting DateExpiry Date15 cents1stJanuary 201431stDecember 201822 cents1stJanuary 201531stDecember 201928 cents1stJanuary 201631stDecember 2020Total	Number3,248,288
		1,000,0001,500,0002,000,000
		4,500,000

Nature of change Acceptances of non-renounceable Example: on-market trade, off-market trade, exercise of options, issue of securities rights offer announced 14 July 2014 under dividend reinvestment plan, participation in buy-back

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

Were the interests in the securities or contracts detailed above traded No during a[+] closed period where prior written clearance was required?

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above tradedduring a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade toproceed during this period?	Not applicable
If prior written clearance was provided, on what date was thisprovided?	Not applicable

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011