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	Ryan Parkin
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	Direct and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Chevalier Holdings Pty Ltd <Lapiste Holdings FamilyTrust> (Mr Parkin is a shareholder of this company).Mr Ryan Xavier Parkin & Mrs Lisa Gabrielle Parkin(Mr Parkin is a beneficiary of this super fund)
Date of change	19 October 2020
No. of securities held prior to change	Ryan Parkin- 1,000,000 Options exercisable at $0.15, expiring 11June 2021Chevalier Holdings Pty Ltd <Lapiste HoldingsFamily Trust>- 1,923,182 Fully paid ordinary shares- 1,000,000 Options exercisable at $0.088, expiring 16September 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 GabrielleParkin - 571,429 ordinary shares* Refer Notice of Meeting lodged with ASX on 25 October2019 for terms and conditions
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	142,858 shares and 71,430 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	Ryan Parkin- 1,000,000 Options exercisable at $0.15, expiring 11June 2021Chevalier Holdings Pty Ltd <Lapiste HoldingsFamily Trust>- 1,994,611 Fully paid ordinary shares- 1,000,000 Options exercisable at $0.088, expiring 16September 2022- 35,715 Options exercisable at $0.12, expiring 30November 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 GabrielleParkin - 642,858 ordinary shares- 35,715 Options exercisable at $0.12, expiring 30November 2022* Refer Notice of Meeting lodged with ASX on 25 October2019 for terms and conditions
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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance 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.

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