POLYMETALS RESOURCES LTD — Director's Dealing 2024

Jan 9, 2024

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	21 September 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)ATFtheDeeringFamilyTrust(Beneficiary)
	2.Meadowhead Investments Pty Ltd (ACN 003122 870) ATF theSproule Family Trust(Appointor and Beneficiary)
	3.Jane Sproule (spouse)
Date of change	8 January 2024

+ See chapter 19 for defined terms.

No. of securities held prior to change	1.Deering Nominees Pty Ltd (ACN 008 776190) ATF the Deering Family Trust :21,999,848 fully paid ordinary shares2.Meadowhead Investments Pty Ltd (ACN 003122 870) ATF the Sproule Family Trust:38,800,822 fully paid ordinary shares3.Jane Sproule:175,050 fully paid ordinary shares4.David Sproule:175,050 fully paid ordinary shares5.David and Jane Sproule (Sproule FamilyAccount)349,230 fully paid ordinary shares
Class	Fully paid ordinary shares
Number acquired	8 January 20243,420,306 total1,857,806 in Meadowhead Investments Pty. Ltd1,562,500 in Deering Nominees Pty. Ltd
Number disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$1,094,498 (32 c per share)
No. of securities held after change	1.Deering Nominees Pty Ltd (ACN 008 776190) ATF the Deering Family Trust :23,562,348 fully paid ordinary shares
	2.Meadowhead Investments Pty Ltd (ACN 003122 870) ATF the Sproule Family Trust:40,657,628 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 FamilyAccount)349,230 fully paid ordinary shares
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participationin buy-back	Rights Entitlement Issue

+ See chapter 19 for defined terms.

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(ifissued securities)	N/A
Date of change	N/A
No. and class of securities to which interestrelated prior to changeNote: Details are only required for a contract in relation to whichthe interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and an estimatedvaluation	N/A
Interest afterchange	N/A

Part 3 – +Closed period

Were the interests in the securities or contracts detailedabove traded during a +closed periodwhere prior writtenclearance wasrequired?	No
If so, was prior written clearance provided to allow the tradeto proceed during thisperiod?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

+ See chapter 19 for defined terms.