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LATITUDE 66 LIMITED Share Issue/Capital Change 2016

Nov 7, 2016

Share Issue/Capital Change

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Assets, Experience, Growth

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Syndicated Metals Limited (ASX: SMD) advises that the following performance rights did not meet the vesting conditions and have now expired:

Number	Vesting when the Company’s 10 day VWAP exceeds	Expiry Date
150,000	$0.30	8 November 2016
150,000	$0.45	8 November 2016
150,000	$0.60	8 November 2016

The Company’s capital structure after expiry of the abovementioned performance rights is now as follows:

	Quoted Securities	Number	Number
	Fully paid ordinaryshares(SMD)	598,234,546

Unquoted Securities			Number
Performance Rights expiring 30 November 2016, which vest when the Company’s 10 day VWAP exceeds: $0.30 $0.45 $0.60			150,000 150,000 150,000
Performance Rights expiring 30 November 2016, which vest when the Company’s 10 day VWAP exceeds: $0.06675 $0.11125			1,099,837 1,556,692
Performance Rights expiring 21 October 2018, which vest when the Company’s 10 day VWAP exceeds: $0.06675 $0.11125			1,158,478 1,639,731
Performance Rights expiring 27 October 2020, which vest when the Company’s 10 day VWAP exceeds: $0.047 $0.078			1,142,560 1,241,913
Options expiring9 January2017 with an exerciseprice of$0.064			5,000,000
Options expiring8 February2018 with an exerciseprice of$0.012			52,574,182

ENDS