GROUP 6 METALS LIMITED — Director's Dealing 2014

Jul 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	Christopher ELLIS
Date of last notice	8 May2014

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	Indirect
Nature of indirect interest	A related entity Chrysalis Investments Pty Ltd and
(including registered holder)Note: Provide details of the circumstances giving riseto the relevant interest.	nominee UBS Wealth Management Australia NomineesPty Ltd
Date of change
No. of securities held prior to	18,472,225
change
Class	Ordinary fully paid shares
Number acquired	Nil
Number disposed	Nil
Value/Consideration	Nil
Note: If consideration is non-cash, provide details
and estimated valuation
No. of securities held after change	18,472,225

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities 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	Underwriting Agreement
Nature of interest	In accordance with the non-renounceable rights offer
	announced on 14 July 2014, an underwriting
	agreement underwriting $461,221.68 of the Offer.
	Offer price is $0.12 per share.
	Chrysalis Investments Pty Ltd will receive an
	underwriting fee totalling $20,754.98.
Name of registered holder	Chrysalis Investments Pty Ltd ABN 74 640 925 989
(if issued securities)	as trustee for the Ellis Family Trust
Date of change	14 July 2014
No. and class of securities to which	Nil
interest related prior to change
Note: Details are only required for a contract in relation to
which the interest has changed
Interest acquired	Commitment to underwrite 3,843,514 ordinary fully
	paid shares at $0.12 per share.
Interest disposed	Nil
Value/Consideration	$20,754.98 underwriting fee.
Note: If consideration is non-cash, provide details and an
estimated valuation
Interest after change	Commitment to underwrite 3,843,514 ordinary fully
	paid shares at $0.12 per share.

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011