MRG METALS LIMITED — Director's Dealing 2015

Sep 17, 2015

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 MRG METALS LIMITED

ABN 83 148 938 532

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.

Name of Director	SHANE GORDON TURNER
Date of last notice	8 APRIL 2015

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	INDIRE	CT
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	SHARESASSOCIADMINFAMILY	&OPTIONSOWNEDBYATEDENTITYSAGEISTRATION PTY LTD <TURNERTRUST A/C>
Date of change	17 SEPT	EMBER 2015
No. of securities held prior to change	1,450,00725,000	0 ORDINARY SHARESSEP 2016 OPTIONS
Class	AUG 20	20 OPTIONS
Number acquired	20,000
Number disposed	NIL
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$200.00
No. of securities held after change	1,450,000 ORDINARY SHARES725,000 SEP 2016 OPTIONS20,000 AUG 2020 OPTIONS

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	RIGHTS ISSUE
Direct or indirect interest	INDIRECT
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	SHARES&OPTIONSOWNEDBYSUPERANNUATION FUND – SHANETURNER&ELIZABETHTURNER<TURNER SUPERANNUATION FUNDA/C>
Date of change	17 SEPTEMBER 2015
No. of securities held prior to change	201,600 ORDINARY SHARES10,000 SEP 2016 OPTIONS
Class	AUG 2020 OPTIONS
Number acquired	1,500,000 AUG 2020 OPTIONS
Number disposed	NIL
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$15,000.00
No. of securities held after change	202,900 ORDINARY SHARES10,000 SEP 2016 OPTIONS1,500,000 AUG 2020 OPTIONS
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	RIGHTS ISSUE

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.

NO CHANGE

Part 3 –[+] Closed period

N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011