MINERAL COMMODITIES LTD — Director's Dealing 2018

Jan 22, 2018

MINERAL COMMODITIES LTD ABN 39 008 478 653 Email: info@mncom.com.au Web: www.mncom.com.au

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Australian Securities Exchange Company Announcements Office

23 January 2018

CHANGE OF DIRECTOR INTEREST NOTICE CLARIFICATION

Mineral Commodities Ltd (ASX: MRC) (“MRC” or “the Company”) provides the following clarification in respect to the Appendix 3Y lodged with the ASX on 19 January 2018.

The Appendix 3Y disclosed that the Company was in a closed period and Mr Mark Caruso did not obtain prior approval prior to acquiring the shares as required by the Company’s Securities Trading Policy. The Company advises that it is in a Closed Period only due to the fact that its financial year-end is 31 December 2017. The Company’s Securities Trading Policy provides that a Closed Period commences on the first day following the close of the half year-end and full year-end.

The Company confirms that there are no other reasons why it is in a closed period, with no market sensitive announcements pending.

Mr Caruso obtained approval to trade in the Company’s securities in late December 2017 when the Company was in an open period, and the Company lodged an Appendix 3Y accordingly. Mr Caruso advised the Company of his recent trade immediately and the required Appendix 3Y was also lodged within the required timeframe.

The Company has reminded Mr Caruso of the requirements as set out under the Security Trading Policy to ensure there is no further trading during a Close Period, and that prior written approval is obtained when dealing in the Company’s securities.

For enquiries please contact:

Peter Torre Company Secretary Ph: +61 8 6253 1100

39 – 43 Murray Road North WELSHPOOL Western Australia 6106 PO Box 235 WELSHPOOL DC WA 6986

Telephone: +61 8 6253 1100 Fax: +61 8 9258 3601 Email: info@mncom.com.au

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