VERITY RESOURCES LIMITED — Director's Dealing 2021

Jan 26, 2021

Si6 Metals

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27 JANUARY 2021

Corporate Details

ASX Code: Si6

Directors

Patrick Holywell

Executive Chairman

Amended Appendix 3Y

Steve Groves Technical Director

Joshua Letcher Non-Executive Director

Below is a revised Appendix 3Y for Mr Patrick Holywell in respect of the recent purchase of Si6 Metals Limited ( Company or Si6 ) shares which occurred on 22 January 2021 ( Purchase ).

In respect of the Purchase, Si6 acknowledges that, as a result of an administrative oversight, the responses in Part 3 of the Appendix 3Y lodged earlier today were incorrect. Accordingly, the Company takes this opportunity to note:

• Si6 released its Quarterly Report pre-market open at 5:31am (AWST) on 22 January 2021.

• On 21 January 2021 Mr Holywell obtained approval for the Purchase from the SI6 Board and Company Secretary on the basis that the Directors are not in possession of any price sensitive information that has not generally been available to the market and the Purchase would occur after the release of the Quarterly Report.

Mauro Piccini

Company Secretary

Contact

Suite 2, Level 1 1 Altona Street West Perth WA Australia 6005

+61 (8) 6559 1792

info@sixsigmametals.com sixsigmametals.com

• At 11:20am (AWST) on 22 January 2021, Mr Holywell completed the Purchase.

However, under the Company’s Trading Policy, Key Management Personnel must not deal in Company securities until “… 48 hours after release of a quarterly report ”. Accordingly, Mr Holywell’s Purchase did occur during a closed period under the Company’s Trading Policy and the previously issued Appendix 3Y needs to be updated to reflect this matter.

As a result of the above, and on consideration of the administrative oversight leading to the Purchase, the Company considers this non-compliance to be an isolated incident.

However, as a precautionary measure, the Company and the Directors have taken this opportunity to review the Company’s current arrangements regarding changes of interest and notification procedures to ensure that such arrangements and procedures are adequate. As a result of the Company’s review, the Company is satisfied with the adequacy of its procedures and does not consider any further actions are necessary to ensure future compliance with Listing Rule 3.19A and 3.19B.

Authorised for and on behalf of the Board,

Mauro Piccini, Company Secretary

For further information please contact:

Patrick Holywell Victoria Humphries Executive Chairman Investor Relations M: +61 401 407 357 T: +61 431 151 676 ph@sixsigmametals.com victoria@nwrcommunications.com.au

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 the property of ASX and may be made public.

Introduced 30/9/2001. Amended 01/01/11.

Name of entity	SIX SIGMA METALS LIMITED
ABN	96 122 995 073

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	Mr Patrick Holywell
Date of last notice	31 December 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 relevant interest.		Path Holdings Pty Ltd (sole director) PCTV Pty Ltd (sole director)
Date of change		22 January 2021
No. of securities held prior to change		Path Holdings Pty Ltd 5,000,000 fully paid ordinary shares PCTV Pty Ltd 3,000,000 fully paid ordinary shares Patrick Holywell 5,000,000 fully paid ordinary shares
Class	Fully paid ordinary shares
Number acquired	605,000
Number disposed	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide $11,029 details and estimated valuation. No. of securities held after change Path Holdings Pty Ltd 5,000,000 fully paid ordinary shares PCTV Pty Ltd 3,605,000 fully paid ordinary shares Patrick Holywell 5,000,000 fully paid ordinary shares Nature of change On market purchase. Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back.

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

Part 3 –[+] Closed period

Were the interests in the securities detailed above Yes traded during a +closed period where prior written clearance was required?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

If so, was prior written clearance provided to allow the trade to proceed during this period?	Prior written clearance for the trade was obtained, however the clearance did not provide specific approval in respect of the trade occurring during the closed period. Due to an administrative oversight, the trade occurred within 48 hours of the release of the Company’s quarterly report.
If prior written clearance was provided, on what date was this provided/	21 January 2021

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3