METALSTECH LIMITED — Capital/Financing Update 2017

Feb 22, 2017

22 February 2017

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RESTRICTED SECURITIES

MetalsTech Limited (ACN 612 100 464) ( Company ) confirms that following admission of the Company’s securities to the ASX, the following securities will be subject to restriction pursuant to the ASX Listing Rules for the period outlined below.

Class	Number	Restriction Period
Ordinary Fully Paid Shares	32,910,000	24 months from date of quotation
Options1	9,600,000	24 months from date of quotation
Options2	5,800,000	24 months from date of quotation
Ordinary Fully Paid Shares	4,320,000	12 months from the date of issue,being 25 May 2016
Ordinary Fully Paid Shares	3,075,000	12 months from the date of issue,being 10 July 2016
Ordinary Fully Paid Shares	325,000	12 months from the date of issue,being 9 September 2016
Ordinary Fully Paid Shares	250,000	12 months from the date of issue,being 14 September 2016
Ordinary Fully Paid Shares	75,000	12 months from the date of issue,being 20 September 2016
Ordinary Fully Paid Shares	50,000	12 months from the date of issue,being 23 September 2016
Ordinary Fully Paid Shares	2,100,000	12 months from the date of issue,being 18 November 2016
Ordinary Fully Paid Shares	500,000	12 months from the date of issue,being 10 October 2016
Ordinary Fully Paid Shares	6,900,000	12 months from the date of issue,being 18 February 2017

In addition, the Company advises that the following securities will be subject to voluntary escrow for the period outlined below:

Class	Number	Restriction Period
Ordinary Fully Paid Shares	125,000	24 months from the date of issue,being 10 October 2016
Ordinary Fully Paid Shares	6,550,000	24 months from the date of issue,being 18 February 2017

Notes:

1. Options are exercisable at $0.25 on or before that date which is 5 years from the date of issue. 2. Options are exercisable at $0.25 on or before that date which is 3 years from the date of issue.