INFINITY METALS LIMITED — Director's Dealing 2020

Dec 7, 2020

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: Infinity Lithium Corporation Limited ABN: 52 147 413 956

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	Ryan Parkin
Date of last notice	19 October 2020

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	Direct and Indirect
Nature of indirect interest	Chevalier Holdings Pty Ltd <Lapiste Holdings Family
(including registered holder)	Trust> (Mr Parkin is a shareholder of this company).
Note: Provide details of the circumstances giving rise to the relevant
interest.	Mr Ryan Xavier Parkin & Mrs Lisa Gabrielle Parkin
	(Mr Parkin is a beneficiary of this super fund)
Date of change	4 December 2020
No. of securities held prior to change	Ryan Parkin
	- 1,000,000 Options exercisable at $0.15, expiring 11
	June 2021
	Chevalier Holdings Pty Ltd <Lapiste Holdings
	Family Trust>
	- 1,994,611 Fully paid ordinary shares
	- 1,000,000 Options exercisable at $0.088, expiring 16
	September 2022
	- 35,715 Options exercisable at $0.12, expiring 30
	November 2022
	- 5,000,000 Share Appreciation Rights*
	- 1,570,156 Tranche A Performance Rights*
	- 1,570,156 Tranche B Performance Rights*
	Mr Ryan Xavier Parkin & Mrs Lisa Gabrielle
	Parkin
	- 642,858 ordinary shares
	- 35,715 Options exercisable at $0.12, expiring 30
	November 2022
	* Refer Notice of Meeting lodged with ASX on 25 October
	2019 for terms and conditions

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class				Share Ap	preciation Righ	ts (exercisable a	t $0.082 on or
				before 5in Notice	October 2025).of Meeting lod	Terms and conged on 27 Octob	ditions detaileder 2020.
Number acquired				2,400,00	0
Number disposed				Nil
Value/ConsiderationNote: If consideration is non-	cash, provide details	and estimated valua	tion	Nil ConsNotice o	ideration. Thef Meeting lod	se SARs wereged on 27 Oc	valued in thetober 2020 at
				$112,800	.
No. of securities held	after change			Ryan Pa	rkin
				- 1,000,0June 202	00 Options exe1	rcisable at $0.1	5, expiring 11
				Chevalie	r Holdings P	ty Ltd <Lap	iste Holdings
				Family- 1,994,6- 1,000,0Septemb- 35,71	rust>11 Fully paid or00 Options exeer 20225 Options exer	dinary sharesrcisable at $0.08cisable at $0.1	8, expiring 162, expiring 30
				Novemb- 5,000,Septem- 1,570,- 1,570,- 2,400,Octobe	er 2022000 Share Apprber 2024*156 Tranche A156 Tranche B P000 Share Apprr 2025 **	eciation RightsPerformance Rigerformance Rigeciation Rights	expiring on 13hts*hts*expiring on 5
				Mr RyanParkin <- 642,85- 35,71Novemb	Xavier ParkinMajeet Super8 ordinary share5 Options exerer 2022	& Mrs Lisa GFund>scisable at $0.1	abrielle2, expiring 30
				* Refer N2019 for te** Refer2020 for te	otice of Meetingrms and conditioNotice of Meetingrms and conditio	lodged with ASXnslodged with ASns	on 25 OctoberX on 27 October
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	ff-market trade, exervestment plan parti	cise of options, issucipation in buy-back	e of	Issue ofSharehol	Share Appreciders at the AGM	ation Rights asheld on 25 Nov	approved byember 2020.

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	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Date of change	N/A
No. and class of securities to which	N/A
interest related prior to change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and an
estimated valuation
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed	No
above traded during a+closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the trade	N/A
to proceed during this period?
If prior written clearance was provided, on what date was this	N/A
provided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3