Metals X Limited — Director's Dealing 2013

Nov 28, 2013

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: METALS X LIMITED ABN: 25 110 150 055

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	Paul Mathew Cmrlec
Date of last notice	24 July 2013

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.	Berrimil Services Pty Ltd of which Mr Cmrlec is a Director and Beneficiary; and D Cmrlec (Spouse)
Date of change	27 - 29 November 2013
No. of securities held prior to change	Direct: 40,700 Fully Paid Ordinary Shares Indirect: 117,150 Fully Paid Ordinary Shares; 750,000 Unlisted options exercisable at $0.13 each expiring 30/11/2012 660,000 Unlisted options exercisable at $0.18 each expiring 31/12/2013
Class	Unlisted options exercisable at $0.13 each expiring 30/11/2013; and Fully Paid Ordinary Shares.
Number acquired	750,000 Fully Paid Ordinary Shares
Number disposed	550,000 Fully Paid Ordinary Shares

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	N/a
No. of securities held after change	Direct: 40,700 Fully Paid Ordinary Shares Indirect: 317,150 Fully Paid Ordinary Shares; 660,000 Unlisted options exercisable at $0.18 each expiring 31/12/2013
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Exercise of unlisted options; and On-market trade.

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 which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/a
Interest acquired	N/a
Interest disposed	N/a
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/a
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.

Appendix 3Y Page 2

01/01/2011