METALSTECH LIMITED — Director's Dealing 2020

Apr 21, 2020

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 – Metalstech Limited

ABN – 82 612 100 464

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.

We (the entity) give ASX the followingthe director for the purposes of section	information under listing rule 3.19A.2 and as agent for205G of the Corporations Act.
Name of Director	Russell Harold Moran
Date of last notice	31 January 2020

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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Russell Harold Moran is a director ofTalos Mining Pty Ltd ATF Talos MiningTrustRussell Harold Moran is a director ofNatRes Services Pty Ltd
Date of change	15 April 2020
No. of securities held prior to change	Talos Mining Pty Ltd ATF Talos MiningTrust:(i)1,375,000 Performance rightsNatRes Services Pty Ltd(i)18,364,182 ordinary shares(ii) 6,600,000 unlisted options

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	Ordinary fully paid shares
	Unlisted options
	Performance Rights
Number acquired	275,000 ordinary shares
Number disposed	275,000 Performance Rights converted to
	shares
	1,100,000 Performance Rights cancelled
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil – shares issued upon satisfaction of aPerformance Rights milestone
No. of securities held after change	Talos Mining Pty Ltd ATF Talos Mining
	Trust:
	(i)275,000 ordinary shares
	NatRes Services Pty Ltd
	(i)18,364,182 ordinary shares
	(ii) 6,600,000 unlisted options
Nature of change	Issue of shares upon satisfaction of a
Example: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Performance Rights milestone.Cancellation of existing Performance
	Rightspursuant to mutual agreement.

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	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which	N/A
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.

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Appendix 3Y Change of Director’s Interest Notice

Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3