GROUP 6 METALS LIMITED — Director's Dealing 2017

Jul 2, 2017

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 9 December 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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances givingrise to the relevant interest.	A related entity Chrysalis Investments Pty Ltd andnominee.
Date of change	26 June 2017
No. of securities held prior to change	37,729,220
Class	Ordinary fully paid shares
Number acquired	10,480,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non‐cash, provide detailsand estimated valuation	3.94 cents each Share upon part conversion of notes,being 4.63 cents VWAP less 15% discount ‐ approvedbymembers on 2 November 2016.
No. of securities held after change	48,209,220

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Part conversion of notes approved on 2 Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment November 2016 by the members of King Island plan, participation in buy‐back Scheelite Limited ABN 40 004 681 734

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

Part 3 –+Closed period
Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearance wasrequired?	Not applicable
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