LCL RESOURCES LIMITED — Director's Dealing 2012

Jun 17, 2012

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 Metminco Limited

ABN 43 119 759 349

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	Timothy Read
Date of last notice	2 December 2011

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
Nature of indirect interest	Mr Read holds an indirect interest in
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	shares and options through CatralexConsultancy Limited in which he holds a
	100% interest.
Date of change	15 June 2012
No. of securities held prior to change	650,000 fully paid ordinary Shares (Ordinary
	Shares)
	3,000,000 options exercisable at A$0.44 per
	Share no later than 6 December 2013
	3,000,000 options exercisable at A$0.525 per
	Share no later than 6 December 2013
Class	Unlisted Options
Number acquired	1,000,000 Options exercisable at A$0.175 no
	later than 15 June 2015.
	1,000,000 Options exercisable at A$0.210 no
	later than 15 June 2015.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed	Not applicable
Value/Consideration	Granted for nil consideration as a reward		for
Note: If consideration is non-cash, provide details and estimatedvaluation	past services and an incentive	to advance	the
	Company’sinterestsas	approved	by
	shareholders on31 May2012
No. of securities held after change	650,000 Ordinary shares
	3,000,000 options exercisable at A$0.44		per
	Share no later than 6 December 2013
	3,000,000 options exercisable	at A$0.525	per
	Share no later than 6 December 2013
	1,000,000 Options exercisable at A$0.175 no
	later than 15 June 2015.
	1,000,000 Options exercisable at A$0.210 no
	later than 15 June 2015.
Nature of change	On market trade
Example: on-market trade, off-market trade, exercise of options,
issue of securities under dividend reinvestment plan, participation in
buy-back

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 Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and 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 writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	-
If prior written clearance was provided, on what date was thisprovided?	-

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3