NEWPEAK METALS LIMITED — Director's Dealing 2021

Feb 4, 2021

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

Introduced 30/09/01 Amended 01/01/11
Name of entity	NewPeak Metals Limited
ABN	79 068 958 752

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	David Mason
Date of last notice	15 December 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	Direct & indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Rothstein Pty Ltd (Director may be a beneficiary of the trust from time to time)
Date of change	4 February 2021
No. of securities held prior to change	David Joseph Mason 216,143,006 ordinary shares 10,000,000 unlisted options @ $0.012 to 11/06/2021 Rothstein Pty Ltd 49,722,223 ordinary shares 1,857,639 unlisted options @ $0.012 to 31/05/2021 Total 265,865,229 ordinary shares 1,857,639 unlisted options @ $0.012 to 31/05/2021 10,000,000 unlisted options @ $0.012 to 11/06/2021

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	Ordinary shares
Number acquired	59,192,590
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$177,577.77
No. of securities held after change	David Joseph Mason 275,335,596 ordinary shares 10,000,000 unlisted options @ $0.012 to 11/06/2021 Rothstein Pty Ltd 49,722,223 ordinary shares 1,857,639 unlisted options @ $0.012 to 31/05/2021 Total 325,057,819 ordinary shares 1,857,639 unlisted options @ $0.012 to 31/05/2021 10,000,000 unlisted options @ $0.012 to 11/06/2021
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	AGM approved allotment of shares as consideration for the conversion of accrued fees not paid in cash, to the amount of $177,577.77

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.

Detail of contract Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?
If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3