MRG METALS LIMITED — Director's Dealing 2016

Nov 23, 2016

Appendix 3Y Change of Direct 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 AS 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 ofDirector	ANDREW VAN DER ZWAN
Date of lastnotice	09 September 2016

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 directo should be disclosed in this part.

Direct or indirectinterest	INDIRECT
Nature of indirectinterest (including registeredholder) Note: Provide details of the circumstances giving rise to the relevant interest.	SHARES & OPTIONS OWNED BY ASSOCIATED ENTITIES KATHRYN VALERIE VAN DER ZWAN , ANDANDREWVAN DER ZWAN & KATHRYN VANDERZWAN SUPERANNUATIONFUND A/C>
Date ofchange	24 November 2016
No. of securities held prior tochange	4,730,000 ORDINARY SHARES 3,580,000 Aug 2020 OPTIONS
Class	Ordinary Shares
Numberacquired	2,437,500
Numberdisposed	NIL
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$24,735
No. of securities held afterchange	7,167,500 ORDINARYSHARES 3,580,000 Aug 2020 OPTIONS

See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Directo s Interest Notice

Nature of change ACQUIRED SHORTFALL OF RIGHTS Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in ISSUE AS APPROVED AT AGM 22/11/16 buy-back

Direct or indirectinterest	DIRECT
Nature of indirectinterest (including registeredholder) Note: Provide details of the circumstances giving rise to the relevant interest.	MR ANDREW VAN DER ZWAN
Date ofchange	24 November 2016
No. of securities held prior tochange	20,000 ORDINARY SHARES 10,000 Aug2020 OPTIONS
Class	ORDINARY SHARES
Numberacquired	NIL
Numberdisposed	NIL

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	N/A
No. of securities held afterchange	20,000 ORDINARYSHARES 10,000 Aug2020 OPTIONS
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	N/A

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 directo 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

Appendix 3Y

Rule 3.19A.2

Appendix 3Y

Information or documents not available now must be given to ASX as soon as available. Information and

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	9 SEPTEMBER 2016

Part 1 -

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In uld 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 relevant interest.	SHARES & OPTIONS OWNED BY ASSOCIATED ENTITIES SAGE ADMINISTRATION PTY LTD FAMILY TRUST A/C> AND SHANE & ELIZABETH TURNER FUND A/C>
Date of change	24 NOVEMBER 2016
No. of securities held prior to change	3,305,800 ORDINARY SHARES 1,520,000 AUG 2020 OPTIONS
Class	ORDINARY SHARES
Number acquired	2,000,000
Number disposed	NIL
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$20,000.00

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y

No. of securities held after change 5,305,800 ORDINARY SHARES 1,520,000 AUG 2020 OPTIONS Nature of change ACQUIRED SHORTFALL OF RIGHTS

Example: on-market trade, off-market trade, exercise of options, ISSUE AS APPROVED AT AGM 23/11/16 issue of securities under dividend reinvestment plan, participation in buy-back

Part 2

Note: be disclosed in this part.

NO CHANGE Part 3 + N/A

Part 3 + Closed period

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011