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METALSTECH LIMITED Capital/Financing Update 2019

Oct 3, 2019

65380_rns_2019-10-03_6b273c45-cd10-4ab0-af1b-36d33bfb9d5d.pdf

Capital/Financing Update

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ASX Release 4 October 2019

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MetalsTech Receives Cash Refunds of CAD$1.57 million

Highlights

  • MTC receives refunds from the Quebec Tax Department (Revenue Quebec) totalling CAD$1,568,169 (~Ã$1.75 million)

  • Outstanding balance of approved refunds of a further CAD$193,149 (~A$216k) expected shortly

MetalsTech Limited (ASX: MTC) (the Company or MTC ) is pleased to announce that it has received CAD$1,568,169 (~A$1.75 million) from the Quebec Tax Department (Revenue Quebec). The outstanding balance of approved refunds of a further CAD$193,149 (~A$216k) are expected to be received by the Company shortly.

ENDS

For further information, contact:

Russell Moran Chairman M +61 415 493 993 [email protected]

Nathan Ryan Investor Relations M +61 420 582 887 [email protected]

Gino D’Anna Non-Executive Director M +61 400 408 878 [email protected]

Caution Regarding Forward-Looking Information

This document contains forward-looking statements concerning MetalsTech. Forward-looking statements are not statements of historical fact and actual events and results may differ materially from those described in the forward-looking statements as a result of a variety of risks, uncertainties and other factors. Forward-looking statements are inherently subject to business, economic, competitive, political and social uncertainties and contingencies. Many factors could cause the Company’s actual results to differ materially from those expressed or implied in any forward-looking information provided by the Company, or on behalf of, the Company. Such factors include, among other things, risks relating to additional funding requirements, metal prices, exploration, development and operating risks, competition, production risks, regulatory restrictions, including environmental regulation and liability and potential title disputes.

Forward looking statements in this document are based on the company’s beliefs, opinions and estimates of MetalsTech as of the dates the forward-looking statements are made, and no obligation is assumed to update forward looking statements if these beliefs, opinions and estimates should change or to reflect other future developments.

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MetalsTech Limited ACN 612 100 464 Unit 1, 44 Denis Street, Subiaco WA 6008 T +61 400 408 878 www.metalstech.net