HAMMER METALS LIMITED — Director's Dealing 2017

Jan 5, 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	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	20June 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.

be disclosed in thispart.
Direct or indirect interest	Indirect
Nature of indirect interest	Mr Davis is a trustee and beneficiary of the Davis
(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	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	30thDecember 2016 to 5thJanuary 2017
No. of securities held prior to change	Indirect:
	Ordinary shares:
	2,016,667 Mr R Davis ATF the Davis Family Trust
	6,000,000 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
	4,000,000 exercisable on or before 30/6/20 by payment
	of $0.06

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class		Ordinary Shares
Number acquired		375,000
Number disposed		-
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation		$14,124
No. of securities held after change		Indirect:Ordinary shares:2,016,667 Mr R Davis ATF the Davis Family Trust6,375,000 Mr R and Mrs S Davis ATF the DavisSuperfundUnlisted options:1,200,000 exercisable on or before 30/6/17 by payment of$0.202,400,000 exercisable on or before 30/6/17 by payment of$0.202,000,000 exercisable on or before 30/11/17 by payment of$0.135625,000 exercisable on or before 30/7/17 by payment of$0.104,000,000 exercisable on or before 30/6/20 by paymentof $0.06
Nature of changeExample: on-market trade, off-market trade, exercise of options,issueofsecuritiesunderdividendreinvestmentplan,participation in buy-back		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.

be disclosed in thispart.
Detail of contract	-
Nature of interest	-
Name of registered holder(if issued securities)	-
Date of change	-
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	-

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest acquired	-
Interest disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	-
Interest after change	-

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior written**clearance was required? **	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	n/a
If prior written clearance was provided, on what date was thisprovided?	n/a

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3