SUNSTONE METALS LTD — Director's Dealing 2018

Nov 26, 2018

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	SUNSTONE METALS LIMITED
ABN	68 123 184 412

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	Malcolm Norris
Date of last notice	28September2018

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	Directand Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Indirect–MN Investment Fund P/L <mn investment<br="">Super fund> (beneficial holder)–Wendy Anne Collins (related party)
Date of change	27November2018
No. of securities held prior to change	13,953,126shares•Direct -7,492,574;•Indirect -6,460,552(5,547,025MNInvestmentFundP/L;913,527Wendy Anne Collins) .4,632,338Performance Rights (Direct)2,500,000 unlisted options(Direct)625,000 Quoted Options(Direct)
Class	performance rights
Number acquired	4,100,000
Number disposed	NIL
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	NIL –Issue of Performance Rights asapproved by shareholders at AGM.

+ See chapter 19 for defined terms.

No. of securities held after change	13,953,126shares
	•Direct -7,492,574;
	•Indirect -6,460,552(5,547,025MN
	InvestmentFundP/L;913,527
	Wendy Anne Collins) .
	8,732,338Performance Rights (Direct)
	2,500,000 unlisted options(Direct)
	625,000 Quoted Options(Direct)
Nature of change	Issue of Performance Rights as approved by
Example: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	shareholders at AGM.

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

Part 3 – +Closed period

Were the interests in the securities or contracts detailed above	No
traded during a +closed periodwhere prior written clearancewas required?
If so, was prior written clearance provided to allow the trade toproceed during this period?	n/a
If prior written clearance was provided, on what date was thisprovided?	n/a

Date of Notification: 27 November 2018

+ See chapter 19 for defined terms.