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Metals X Limited Share Issue/Capital Change 2021

Apr 25, 2021

10401_rns_2021-04-25_1d4d9f9a-0527-45a1-8c54-e8ed72d5e6c8.pdf

Share Issue/Capital Change

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26 April 2021

Australian Securities Exchange Limited Company Announcements Office Level 40, Central Park 152-158 St Georges Terrace PERTH WA 6000

LAPSE OF UNLISTED EMPLOYEE OPTIONS

The Company advises that the following employee options have lapsed in accordance with the terms of their issuance under the Metals X Limited Employee Share Option Plan:

ASX Code Number of Options Vesting Condition Expiry Date
MLXAA 61,570 Subject toperformance conditions 30/06/2023
MLXAA 726,395 Subject toperformance conditions 30/06/2024

The capital structure following the lapse of these options is:

Quoted Securities:

907,266,067 Fully paid ordinary shares

Unquoted Securities:

66,956 Employee Options (subject to performance conditions, expiring 30 June 2023). 421,068 Employee Options (subject to performance conditions, expiring 30 June 2024).

This announcement has been authorised by the Company Secretary of Metals X Limited.

Yours sincerely

Shannon Coates COMPANY SECRETARY

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----- Start of picture text ----- PO Box 7248Cloisters Square POWA 6850----- End of picture text -----

ABN 25 110 150 055

www.metalsx.com.au