LCL RESOURCES LIMITED — Director's Dealing 2019

Dec 19, 2019

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	Jason Stirbinskis
Date of last notice	16 August 2019

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 & Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Indirect Mr Jason Stirbinskis and Mrs Miki Stirbinskis M S/F A/C>
Date of change	1. 18 December 2019 2. 18 December 2019 3. 20 December 2019
No. of securities held prior to change	Direct Nil Indirect 166,667 Ordinary Shares (post consolidation) 1,875,000 Unquoted Options exercise price of 32 cents expiring 1 July 2023 (post consolidation)
Class	1. Bonus Options, exercise price of 16 cents expiring 16 August 2021 2. Conversion of Unquoted Options to Quoted Options 3. Options, exercise price of 13.5 cents expiring 30 September 2024

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number acquired	1. 33,334 2. 1,875,000 3. 6,000,000
Number disposed	2. 1,875,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil cash consideration
No. of securities held after change	Direct 6,000,000 options, exercise price of 13.5 cents expiring 30 September 2024 Indirect 166,667 Ordinary Shares (post consolidation) 1,908,334 Quoted Options, exercise price of 16 cents expiring 16 August 2021
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	1. Bonus Options issued under the terms of the Bonus Options Prospectus dated 5 December 2019; 2. Conversion of Unlisted Options to Quoted Options under the terms of the Bonus Options Prospectus dated 5 December 2019; 3. Issued to Managing Director as part of remuneration package, as approved by Shareholders at the general meeting held on 28 November 2019.

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	-

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest acquired	-
Interest disposed	-
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 detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3