VERITY RESOURCES LIMITED — Board/Management Information 2017

Jan 22, 2017

ABN 96 122 995 073

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ASX Code: BML

TO: COMPANY ANNOUNCEMENTS OFFICE ASX LIMITED

DATE: 23 JANUARY 2017

BOARD CHANGES

The Board of Botswana Metals Limited (ASX: BML) is pleased to announce the following changes to the composition of the Board.

Appointment of Mr Matthew John Hudson

Mr Hudson has been appointed as a non-executive Director of the Company. Mr Hudson brings a wealth of experience to the Board.

Matt completed a Bachelor of Commerce at the University of Melbourne. Following this he worked with Credit Suisse and Arthur Andersen as an analyst up until 2002. He has since operated through his own corporate advisory businesses which have consulted to both listed and unlisted public companies in Australia, Europe and the United States. Matt is actively involved in the oil and gas sector and is now focusing on mining and exploration projects as both an advisor and founding shareholder. He is also a non-executive Director of two unlisted public companies in the financial technology sector where his task is to assist with the achievement of an ASX listing for these companies.

An Appendix 3X form in respect of Mr Hudson is attached.

Resignation of Dr Paul Woolrich

Dr Woolrich has resigned as a non-executive Director of the Company due to other commitments. The Board records its sincere appreciation to Dr Woolrich for his service since 2008 and acknowledges his extremely valuable contribution to the Company. The Board wishes him well with his future endeavours.

An Appendix 3Z form in respect of Dr Woolrich is attached.

Mr Patrick Volpe Chairman

Botswana Metals Limited

Mailing Address Suite 3, 16 Cotham Road, Kew, Victoria 3101 Registered Office Suite 506, Level 5, 1 Princess Street, Kew, Victoria 3101 P: +61 3 9855 1885; F: +61 3 9855 2885 Email info@botswanametals.com.au www.botswanametals.com.au

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name	of	entity BOTSWANA METALS LIMITED
ABN		96 122 995 073

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	MATTHEW JOHN HUDSON
Date of appointment	23/01/2017

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

25,712,294 Ordinary Shares (fully paid)

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Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of Number & class of Securities interest interest Note: Provide details of the circumstances giving rise to Note: Provide details of the circumstances giving rise the relevant interest. to the relevant interest. Registered holder: Hudson 4,500,000 Ordinary Shares (fully paid) Lifetime Super Fund CT Pty Ltd. Nature of interest: Hudson Lifetime Super Fund CT Pty Ltd is a company of which Mr Matthew John Hudson is a Director and shareholder.

Part 3 – 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.

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Detail of contract
Nature of interest
Name of registered holder
(if issued securities)
No. and class of securities to
which interest relates
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Rule 3.19A.3

Appendix 3Z

Final 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 30/9/2001.

Name	of	entityBOTSWANA METALS LIMITED
ABN		96 122 995 073

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	PAUL WOOLRICH
Date of last notice	28/07/2015
Date that director ceased to be director	23/01/2017

Part 1 – Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

1,611,112 Ordinary Shares (fully paid)

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Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest Registered holder:Mrs Anne Woolrich Nature of interest:Mrs Anne Woolrich is the spouse of Mr Paul Woolrich. Registered holder: Woolrich & Associates Pty Ltd. Nature of interest:Woolrich & Associates Pty Ltd is a company of which Mr Paul Woolrich is a Director and shareholder.	Number & class of securities Note: Provide details of the circumstances giving rise to the relevant interest e to the 625,000 Ordinary Shares (fully paid) 1,666,665 Ordinary Shares (fully paid)

Part 3 – Director’s interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

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