GROUP 6 METALS LIMITED — Director's Dealing 2019

Feb 24, 2019

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	Johann JACOBS
Date of last notice	7 August 2018

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	Indirect	Indirect	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest	A related entity FinMin Solutions Pty Ltd.
Date of change	31 December 2018
No. of securities held prior to change				Number
	Shares			3,889,764
	Options, each with the right to subscribe for one fully paid ordinary share
	Exercise Price per Share (cents)	Vesting Date	Expiry Date
	Unquoted
	15	1January2014	31 December 2018	1,000,000
	22	1January2015	31 December 2019	1,500,000
	28	1January2016	31 December 2020	2,000,000
	6	31 December 2017	31 December 2022	1,000,000
	8	31 December 2017	31 December 2022	1,000,000
	10	31 December 2017	31 December 2022	1,000,000
			Total	7,500,000
	Quoted
	10	1 August 2018	1 August 2021	700,948

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	Unquoted options each with the right to subscribe for one fully paid ordinary share for an exercise price of 15 cents expired 31 December 2018	Unquoted options each with the right to subscribe for one fully paid ordinary share for an exercise price of 15 cents expired 31 December 2018	Unquoted options each with the right to subscribe for one fully paid ordinary share for an exercise price of 15 cents expired 31 December 2018	Unquoted options each with the right to subscribe for one fully paid ordinary share for an exercise price of 15 cents expired 31 December 2018
Number acquired	Nil
Number expired	1,000,000
Value/Considerati on Note: If consideration is non-cash, provide details and estimated valuation	$Nil
No. of securities held after change				Number
	Shares			3,889,764
	Options, each with the right to subscribe for one fully paid ordinary share
	Exercise Price per Share (cents)	Vesting Date	Expiry Date
	Unquoted
	22	1January2015	31 December 2019	1,500,000
	28	1January2016	31 December 2020	2,000,000
	6	31 December 2017	31 December 2022	1,000,000
	8	31 December 2017	31 December 2022	1,000,000
	10	31 December 2017	31 December 2022	1,000,000
			Total	6,500,000
	Quoted
	10	1 August 2018	1 August 2021	700,948
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Expiry of unquoted options

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.

disclosed in thispart.
Detail of contract	None
Nature of interest	Not Applicable
Name of registered holder (if issued securities)	Not Applicable
Date of change	Not Applicable
No. and class of securities to which interest related prior to change Note: Details are onlyrequired for a contract in relation to which the interest has changed	Not Applicable
Interest acquired	Not Applicable
Interest disposed	Not Applicable
Value/ConsiderationNote: If consideration is non-cash, provide details and an estimated valuation	Not Applicable
**Interest after change **	Not Applicable

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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
Ifprior written clearance wasprovided, on what date was thisprovided?	Not applicable

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3