VYSARN LIMITED — Director's Dealing 2012

Jul 30, 2012

Appendix 3Y Change of Director’s Interest Notice

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 MHM Metals Limited ABN 41 124 212 175

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	Basil Conti
Date of last notice	27 June 2012

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.	Director and shareholder of BA Conti Pty Ltd as trustee of the BA & EA Conti Super Fund.
Date of change	31 July 2012
No. of securities held prior to change	A: 631250(indirect) B: 7500 (indirect) C: 250,000 (indirect) D: 250,000 (indirect) E 200,000 (direct)

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	A: Fully Paid Ordinary Shares B: Listed Options with an exercise price of $0.20 and an expiry date of 31 August 2012. C: Unlisted Options with an exercise price of $0.20 and an expiry date of 28 November 2013. D: Unlisted Options with an exercise price of $0.28 and an expiry date of 30 November 2014. E: Unlisted Options exercise price $1.71 expiry 30 November 2016
Number acquired	7500 Ordinary Shares
Number disposed	7500 Listed Options
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.20 per Option converted to Ordinary Shares
No. of securities held after change	A 638750 (indirect) C: 250,000 (indirect) D: 250,000 (indirect) E: 200,000 (direct)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Conversion of 7500 of Listed Options with an exercise price of $0.20 and an expiry date of 31 August 2012

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 Nature of interest Name of registered holder (if issued securities) Date of change

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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

Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade N/A to proceed during this period? If prior written clearance was provided, on what date was this N/A provided?

• See chapter 19 for defined terms.

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