MRG METALS LIMITED — Director's Dealing 2020

Nov 23, 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 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	06 May 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 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 2020
No. of securities held prior tochange	31,876,679 ORDINARYSHARES 15,923,179 Dec 2020 OPTIONS
Class	ORDINARY SHARES OPTIONS
Numberacquired	3,000,000 ORDINARY SHARES 3,000,000 Dec 2020 OPTIONS
Numberdisposed	NIL
Value/Consideration Note: If consideration is non-cash, provide details and estimated	$18,000
No. of securities held afterchange	34,876,679 ORDINARYSHARES 18,923,179 Dec 2020 OPTIONS

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

Appendix 3Y Change of Director’s Interest Notice

Nature ofchange Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	PLACEMENT STOCK APPROVED BY SHAREHOLDERS AT AGM ON 17/11/2020.
Direct or indirectinterest	DIRECT
Nature of directinterest (including registeredholder) Note: Provide details of the circumstances giving rise to the relevant interest.	MR ANDREW VAN DER ZWAN
Date ofchange	24 November 2020
No. of securities held prior tochange	30,000 ORDINARYSHARES 10,000 Dec 2020 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	30,000 ORDINARYSHARES 10,000 Dec 2020 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 director” should be disclosed in this part.

Direct or indirect interest	DIRECT
Nature of direct interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	PERFORMANCE RIGHTS GRANTED TO ANDREW VAN DER ZWAN (OR NOMINEE)
Date of change	24 November, 2020
No. of securities held prior to change	4,000,000 UNLISTED PERFORMANCE RIGHTS
Class	N/A
Number acquired	NIL
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	NIL
No. of securities held after change	4,000,000 UNLISTED PERFORMANCE RIGHTS
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 3 –[+] Closed period

N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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	6 MAY 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 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 2020
No. of securities held prior to change	17,815,842 ORDINARY SHARES 8,010,042 DEC 2020 OPTIONS
Class	ORDINARY SHARES OPTIONS
Number acquired	1,666,667 ORDINARY SHARES 1,666,667 DEC 2020 OPTIONS
Number disposed	NIL
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$10,000
No. of securities held after change	23,482,509 ORDINARY SHARES 9,676,709 DEC 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 change ACQUISITION AFTER APPROVAL AT Example: on-market trade, off-market trade, exercise of options, 2020 AGM ON 17/11/2020 issue of securities under dividend reinvestment plan, participation in buy-back

Part 2 – Change of director’s interests in contracts

Part 2 – Change of director’s interests in contracts	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 thispart.
Direct or indirect interest	DIRECT
Nature of direct interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	PERFORMANCE RIGHTS GRANTED TO SHANE TURNER (OR NOMINEE)
Date of change	24 NOVEMBER 2020
No. of securities held prior to change	4,000,000 UNLISTED PERFORMANCE RIGHTS
Class	N/A
Number acquired	NIL
Number disposed	NIL
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	NIL
No. of securities held after change	4,000,000 UNLISTED PERFORMANCE RIGHTS
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 3 –[+] Closed period

N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3