METEORIC RESOURCES NL — Director's Dealing 2015

Sep 15, 2015

==> picture [220 x 57] intentionally omitted <==

16 September 2015

Mr Ben Tippett Adviser, Listings Compliance (Perth) ASX Compliance Level 40, Central Park 152-158 St Georges Terrace PERTH WA 6000

Ground Floor 22 Delhi Street West Perth WA 6005 PO Box 963 West Perth WA 6872 Telephone: 08 9485 2836 Facsimile: 08 9321 6571 www.meteoric.com.au ABN 64 107 985 651

By Email to: ben.tippett@asx.com.au

Dear Mr Tippett

Response to ASX letter in relation to Appendix 3Y dated 9 September 2015

In reference to your letter dated 14 September 2015 regarding the Appendix 3Y lodged by Meteoric Resources (the Company ) with ASX on 9 September 2015 for Mr George Sakalidis, we respond as follows:

1. Please explain why the Appendix 3Y was lodged late.

• Unquoted options to acquire fully paid ordinary shares expired without being exercised on 23 December 2014. The Appendix 3B advising of this change in securities was advised to ASX on 31 December 2014. The expiry of the options occurred on the day before Christmas Day when the office was being prepared for closure during the festive season. The registers were updated to reflect the change and preparation of the Appendix 3Y together with its subsequent lodgement was diarised to ensure compliance with the Listing Rules, a responsibility which the Company has been very diligent in practicing over the years of its listing on ASX. The actual performance of the function was inadvertently overlooked during the holiday break. In the circumstances, this failure to lodge is considered to be an oversight and an isolated incident.

2. What arrangements does the Company have in place with its directors to ensure that it is able to meet its disclosure obligations under listing rule 3.19A.

• The Company is of the view that its current arrangements are adequate to ensure compliance with Listing Rule 3.19A. The Company reiterates that this was an isolated incident and should not occur again.

3. If the current arrangements are inadequate or not being enforced, what additional steps does the Company intend to take to ensure compliance with listing rule 3.19B.

• The Company is of the view that its current arrangements are adequate and does not propose to introduce additional procedures in this instance to ensure future compliance with Listing Rule 3.19B. The Company reiterates that this was an isolated incident and should not occur again.

Yours faithfully

==> picture [124 x 37] intentionally omitted <==

R Tieleman Company Secretary

==> picture [333 x 175] intentionally omitted <==

14 September 2015

Mr Rudolf Tieleman Company Secretary, Meteoric Resources NL Ground Floor, 22 Delhi Street West Perth WA 6005

By email

Dear Mr Tieleman,

Meteoric Resources NL (the “Company”)

I refer to the following:

1. The Company’s announcement lodged with ASX Ltd (“ASX”) on 9 September 2015 regarding a change of director’s interest notice for George Sakalidis (“Appendix 3Y”), notifying amongst other things the expiry of 750,000 options in the Company on 23 December 2014.

2. Listing rule 3.19A which requires an entity to tell ASX the following:

   • 3.19A.1 The notifiable interests of a director of the entity (or in the case of a trust, a director of the responsible entity of the trust) at the following times:

     • On the date that the entity is admitted to the official list.

     • On the date that a director is appointed.

The entity must complete an Appendix 3X and give it to ASX no more than 5 business days after the entity’s admission or a director’s appointment.

• 3.19A.2 A change to a notifiable interest of a director of the entity (or in the case of a trust, a director of the responsible entity of the trust) including whether the change occurred during a closed period where prior written clearance was required and, if so, whether prior written clearance was provided. The entity must complete an Appendix 3Y and give it to ASX no more than 5 business days after the change occurs.

• 3.19A.3 The notifiable interests of a director of the entity (or in the case of a trust, a director of the responsible entity of the trust) at the date that the director ceases to be a director. The entity must complete an Appendix 3Z and give it to ASX no more than 5 business days after the director ceases to be a director.

1. Listing rule 3.19B which states as follows.

ASX Compliance Pty Ltd ABN 26 087 780 489

Level 40, Central Park www.asx.com.au 152-158 St Georges Tce Customer service 13 12 79 Perth WA 6000

An entity must make such arrangements as are necessary with a director of the entity (or in the case of a trust, a director of the responsible entity of the trust) to ensure that the director discloses to the entity all the information required by the entity to give ASX completed Appendices 3X, 3Y and 3Z within the time period allowed by listing rule 3.19.A. The entity must enforce the arrangements with the director.

As the Appendix 3Y indicates a change in Mr Sakalidis’s notifiable interest occurred on 23 December 2014, the Appendix 3Y should have been lodged with the ASX within 5 business days. As the Appendix 3Y was lodged on 9 September 2015, it appears that the Company may be in breach of listing rules 3.19A and/or 3.19B.

Please note that ASX is required to record details of breaches of the listing rules by listed companies for its reporting requirements.

ASX reminds the Company of its contract with ASX to comply with the listing rules. In the circumstances ASX considers that it is appropriate that the Company make necessary arrangements to ensure there is not a reoccurrence of a breach of the listing rules.

Having regard to listing rules 3.19A and 3.19B and Guidance Note 22: “Director Disclosure of Interests and Transactions in Securities - Obligations of Listed Entities”, we ask that you answer each of the following questions.

1. Please explain why the Appendix 3Y was lodged late.

2. What arrangements does the Company have in place with its directors to ensure that it is able to meet its disclosure obligations under listing rule 3.19A?

3. If the current arrangements are inadequate or not being enforced, what additional steps does the Company intend to take to ensure compliance with listing rule 3.19B?

Your response should be sent to me by e-mail to Ben.Tippett@asx.com.au. It should not be sent to the Company Announcements Office.

A response is requested as soon as possible and, in any event, not later than 3:00 pm WST on Wednesday 16 September 2015 .

Under listing rule 18.7A, a copy of this query and your response will be released to the market, so your response should be in a form suitable for release and must separately address each of the questions asked. If you have any queries or concerns, please contact me immediately.

Yours sincerely,

[sent electronically without signature]

Ben Tippett Adviser, Listings Compliance (Perth)

2