HAMMER METALS LIMITED — Director's Dealing 2016

Feb 2, 2016

ASX Announcement (ASX: HMX)

3 February 2016

Change in Director’s Interests

Hammer Metals Ltd (ASX: HMX, Hammer or the Company) confirms the following changes to Directors interests.

The attached Appendix 3Y includes an update to securities issued and changes to the holdings for Mr. Russell Davis which had not previously been released.

The Company advises that it is aware of its listing rule obligations in relation to these disclosures and specifically listing rules 3.19A and 3.19B. In this respect the Company makes the following statements about the attached Appendix 3Y.

1. The Appendix 3Y is being filed to correct an administrative oversight;

2. The Company has informed all Directors of the disclosure requirements set out in listing rules 3.19A, 3.19B and s205G of the Corporations Act. In addition the Company has adopted a Securities Trading Policy which has been disclosed to the market and outlines the requirements for disclosure and approval of all securities trading; and

3. The Company is confident that the arrangements it currently has in place are adequate and doesn’t believe that any additional steps are required to ensure ongoing compliance with listing rule 3.19B.

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Mark Pitts

Company Secretary

1

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	HAMMER METALS LTD
ABN	87 095 092 158

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	Russell Davis
Date of last notice	15September 2015

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 giving rise to the relevant interest.		Mr Davis is a trustee and beneficiary of the Davis Superfund and trustee of the Davis Family Trust. Mr R and Mrs S Davis ATF the Davis Superfund Mr R Davis ATF the Davis FamilyTrust
Date of change		8 December 2015(300,000 ordinary shares) 1 February 2016(19,529 ordinary shares)
No. of securities held prior to change		Indirect: Ordinary shares: 1,697,138 Mr R Davis ATF the Davis Family Trust 5,633,333 Mr R and Mrs S Davis ATF the Davis Superfund Unlisted options: 1,200,000 exercisable on or before 30/6/17 by payment of $0.20 2,400,000 exercisable on or before 30/6/17 by payment of $0.20 2,000,000 exercisable on or before 30/11/17 by payment of $0.135 625,000 exercisable on or before 30/7/17 by payment of$0.10

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class		Ordinary shares Unlisted Options
Number acquired		300,000 Ordinary Shares 19,529 Ordinary Shares
Number disposed		-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$15976
No. of securities held after change		Indirect: Ordinary shares: 2,016,667 Mr R Davis ATF the Davis Family Trust 5,633,333 Mr R and Mrs S Davis ATF the Davis Superfund Unlisted options: 1,200,000 exercisable on or before 30/6/17 by payment of $0.20 2,400,000 exercisable on or before 30/6/17 by payment of $0.20 2,000,000 exercisable on or before 30/11/17 by payment of $0.135 625,000 exercisable on or before 30/7/17 by payment of $0.10
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		300,000 Ordinary shares pursuant to Share purchase plan. 19,529 Ordinary shares on-market purchase.

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	-

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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 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?	n/a
If prior written clearance was provided, on what date was this provided?	n/a

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3