INFINITY METALS LIMITED — Director's Dealing 2020

Oct 18, 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	Adrian Byass
Date of last notice	30 July 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	Indirect	Indirect	Indirect
	Nature of indirect interest(including registered holder)Note: Provide details of the circumstances ivin rise to the relevant	Valiant Equity Management Pty Ltd <Byass FamilyA/C> (Mr Byass is a director and shareholder of thiscompany).Teutonic Investments Pty Ltd (Mr Byass is a directorand shareholder of this Company)Oakwood Super Fund. (Mr Byass is a trustee andbeneficiary of this superfund)
	gginterest.	py.Teutonic Inv	estments Pty Ltd (Mr Byass is a d
		and sharehol	der of this Company)
		Oakwood Sbeneficiary o	uper Fund. (Mr Byass is a trustef this superfund)
	Date of change	19 October 2	020
	No. of securities held prior to change	Valiant Equity Management Pty Ltd <Byass FamilyA/C> **-4,498,889 Fully paid ordinary sharesTeutonic Investments Pty Ltd-500,000 Fully paid ordinary sharesOakwood Super Fund-3,654,429 Fully paid ordinary shares-**715,000 unlisted Options exercisable at $0.07 on orbefore 24 October 2021
	Class	Ordinary Shares and Unlisted Options exercisable at$0.12 on or before 30 November 2022

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	365,487 shares and 182,744 options
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$0.07 per share and the options are free-attaching
No. of securities held after change	Valiant Equity Management Pty Ltd <Byass FamilyA/C> **-4,801,876 Fully paid ordinary shares- 151,494 Options exercisable at $0.12, expiring 30November 2022Teutonic Investments Pty Ltd-562,500 Fully paid ordinary shares- 31,250 Options exercisable at $0.12, expiring 30November 2022Oakwood Super Fund-3,654,429 Fully paid ordinary shares-**715,000 unlisted Options exercisable at $0.07 on orbefore 24 October 2021
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Issue of Entitlement Offer Shares and attachingOptions.

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
Date of change	N/A
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest after change N/A

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