POLYMETALS RESOURCES LTD — Director's Dealing 2023

Jul 20, 2023

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 POLYMETALS RESOURCES LTD ABN 73 644 736 247

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 William Sproule
Date of last notice	16 May 2023

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 and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	1.Deering Nominees Pty Ltd (ACN 008 776190) ATF the Deering Family Trust(Beneficiary)2.Meadowhead Investments Pty Ltd (ACN 003122 870) ATF the Sproule Family Trust(Appointor and Beneficiary)3.Jane Sproule (spouse)
Date of change	20 July 2023

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	1.	Deering Nominees Pty Ltd (ACN 008 776
		190) ATF the Deering Family Trust :
		21,499,848 fully paid ordinary shares
	2.	Meadowhead Investments Pty Ltd (ACN 003
		122 870) ATF the Sproule Family Trust:
		30,800,822 fully paid ordinary shares
	3.	Jane Sproule:
		175,050 fully paid ordinary shares
	4.	David Sproule:
		175,050 fully paid ordinary shares
Class	Fully paid ordinary shares
Number acquired		20 July 2023-150,000 shares
Number disposed	N/A
Value/Consideration	$46,840 (average of 31.23 c per share)
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	1.	Deering Nominees Pty Ltd (ACN 008 776
		190) ATF the Deering Family Trust :
		21,499,848 fully paid ordinary shares
	2.	Meadowhead Investments Pty Ltd (ACN 003
		122 870) ATF the Sproule Family Trust:
		38,800,822 fully paid ordinary shares
	3.	Jane Sproule:
		175,050 fully paid ordinary shares
	4.	David Sproule:
		175,050 fully paid ordinary shares
	5.	David and Jane Sproule (Sproule Family
		Account)
		150,000 fully paid ordinary shares
Nature of change	On market purchases
Example: on-market trade, off-market trade, exercise of options,
issue of securities under dividend reinvestment plan, participation
in buy-back

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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	N/A
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which interest	N/A
related prior to change
Note: Details are only required for a contract in relation to which
the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and an estimated
valuation
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3