SUNSTONE METALS LTD — Director's Dealing 2021

Nov 1, 2021

Appendix 3Y

Rule 3.19A.2

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	Graham Ascough
Date of last notice	25 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 relevantinterest.	GL & PL Ascough GL & PL Ascough Director is both a trustee and a beneficiary
Date of change	1 November2021
No. of securities held prior to change	19,417,381 shares4,000,000 Unquoted Options
Class	Unquoted Options
Number acquired	6,000,000
Number disposed	nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Nil cash. Options granted, exercisable at $0.10each and expiry in 3 years. Actuarial valuationestimate $186,000
No. of securities held after change19,417,381 shares10,000,000 Unquoted Options
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Optionsgrantedfollowingshareholderapproval

+ 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
Name of registered holder(if issued securities)
Date of change
No. and class of securities to whichinterest 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: 2 November 2021

+ See chapter 19 for defined terms.

Appendix 3Y

Rule 3.19A.2

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	Stephen Stroud
Date of last notice	20 July2020

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.	Accretion Capital Pty Ltd; Accretion CapitalPty Ltd(beneficialholder); Mrs Pamela Lynn Stroud(relatedparty)
Date of change	1November2021
No. of securities held prior to change	1,052,632 shares (direct)8,552,632 shares (indirect)4,000,000 Unquoted Options
Class	Unquoted Options
Number acquired	6,000,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Nil cash. Options granted, exercisable at $0.10each and expiry in 3 years. Actuarial valuationestimate $186,000
No. of securities held after change	3,552,632shares(direct)6,052,632 shares (indirect)10,000,000Unquoted Options

+ See chapter 19 for defined terms.

Nature of change	Options	granted	following	shareholder
Example: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	approval.Also	off-market	transfer	of2,500,000ordinary shares from indirect to direct holding

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/Consideration
Note: 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 clearance
was 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: 2 November 2021

+ See chapter 19 for defined terms.