GROUP 6 METALS LIMITED — Director's Dealing 2018

Jun 28, 2018

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	2 January2018

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	Indirect	Indirect	Indirect	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 and Citicorp Nominees Pty Ltd as custodian.
Date of change	N/A
No. of securities held prior to change	Equity Securities		Exercise Price per Share		Number
	Options (expiring 31 December 2022)		6 cents		1,000,000
			8 cents		1,000,000
			10 cents		1,000,000
	Total				3,000,000
	Shares				52,125,191
Class	N/A
Number acquired	Nil
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	N/A
No. of securities held after change	Equity Securities		Exercise Price per Share	Number
	Options (expiring 31 December 2022)		6 cents	1,000,000
			8 cents	1,000,000
			10 cents	1,000,000
	Total			3,000,000
	Shares			52,125,191

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change N/A 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 renounceable rights offer announced on 19 June 2018, and underwriting agreement underwriting $368,358. Offer price is $0.055 per New Share. Chrysalis Investments Pty Ltd (together with its associates) will receive an underwriting fee totalling $16,576.
Name of registered holder (if issued securities)	Chrysalis Investments Pty Ltd ACN 064 046 224
Date of change	17June 2018
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	Nil
Interest acquired	Underwriting issue of 6,697,423 ordinary fully paid shares at $0.055 per share
Interest disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and an estimated valuation	An underwriting fee totalling $16,576
Interest after change	Underwriting issue of 6,697,423 ordinary fully paid shares at $0.055 per share

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011