Metals X : Change in Substantial Holding

ec608cd3-e70b-4b6d-a5a0-e52f0020a568.pdf APAC RESOUR CE S FACSI M ILE M E SSAGE

To Company Announcements Office Fa:i1 No ; (61) 2 9778 0999 Australian Securities Exchange Limited

cc Ms Fiona Van Maancn Metals X Limited

Email fiona.vanmaanen@metalsx.

co1n.gu

From Twinnie Lau Fax No (852) 2541 9133

Date 25 July 2016 Page(•) 5 (including thispage)

Dear Sits,

Metals X Limited (ACN: 110 150 055)

Please find enclosed a Form 604 - Notice of change of interests of substantial holder dated 22 July 2016 in respect of the interests of APAC Resources Limited ("APAC") in Metals X Limited ("Metals X").

There has been no change in the nutnbet of shares held by APAC. The decrease in percentage of APAC's hold ing in Metals X res1lted ftotn the issuance of new shares by Metals X pursuant to the ABY Rid.

Yours faithfully J'iir and on bcha!f qf

APAC RURCES LIMITED

V r ··

Twinnie Lau Compimy Sectetaty

Form 604

Corporation, Act 2001

Section 671B

Notice of change of Interests of substantial holder

Motolo X Lhnllod ("MLX")

604 p,ge 1/i 15JUiy 2001

ACN/ARSN 110 150 055

1. Details or eubelantlal holder (1)

Name APAC R""""'" Llmllod ("APAC") and lhe onllllo, 1181ed In Annoxure A

ACN/ARSN (llappllcab) _N::I:A.,_ _

There wa.s- a change In the lnlijf6518 of ltle 1ubsl!lnllol holder on	22107/2016
The previous nollc• was glvon lo tho company on	15/07/2016
The prevloue notice was dated	1510712016
2. Previous and preent voling power

Tho 1o1,1 number or voloo attached 10 all tho voting shar05 In lhe company or voling lnle"'5t. In lhe scheme lhal lho subolanllal holder or on asaoclole (2) had a relovonl lnleresl (3) In when 1,,1required, and when now required, to give • subslanllal holng nollco tolho company or sch•m•.are as follows:

Class ot securilies (4)	Prevlou, nollco		Present notice
	Person· votes	VoUng pow;r (5)	F'ar.lQl'l'!;l voi	Voting power(!)
Fully paid ordinary sharo, ("Shoro,")	77,907,671	16.24% (ijase on 47!,Geo,300 Shanl9 In 19suol	77,907,571	14.76% (eaood on 027,119,362 Share, in Issue)

1. Chong" In relevant httarettt

   Partlculara or aach change !11, or change In the ne.ture or, a relevant Inlerest ot the .subslanUal holder or an a.ssoclale kl voUng seourllles of the company or scheme, since the 9ubsla1"1llal holder was last req1.ilted lo give a substantlal holdln noUce lo the company or scheme are as follows:

   Dote or change	Person whose rslsvanl 1n1erea1 ohang•d	Nature of changa (6)	ComilderaUon given In relation lo change (7)	Class and number or securities affected	Peraon's vo!as alloclod
   22107/2016	APAC Resources Llmld and the enutles listed In Annoxuro A	lssuanoo or new shares to heroholders of Adllya Burla Mlnarals Llmllad (ASX Codo: ABY) (ABY) as part ollho consldaratlon for tho 1""''"'or ABY sho,.,to MLX pul!Juanl to the MLX takeover offer. Neither A•AC nor aoy of 11e ontllle, Haled ,n Annexure A'"' oha..MldO Of AfJY t1nd none of them have sold any MLX shares thal would be rellt1ct11d In or !hat cousod the above staled decrease In voting power.	NIA	77,907,571 Shares	77,907,571

2. Pre1ant relavant ln«1re11,

Panlcul, of each mlevent lnleresl of 0as fQllowe;

604 e 212 15 July 2001

Hoer ol relevanl interest	Reg1e1ere holder or eecurilles	Poon ontltd IO be registered "holdor (i)	Nature of relevant lnloro,I(6)	Class end number of !ecurllles	Peraon'e. vole11,
APAC Reiourcee Capital LlmHed and	Sun Hung Kai lnve1tment Senilm Lid ("' nominee)	APAC Resources Capllal Limited	Controller or shares wllhln mooning ol '8cllon 608(1)(b) and (c) of the Corporations	43,032,571 Shreo	43,032,511
APAC			Aci2001
APAC	BNP Paribas Nominees	APAC R;iou1cee	Co,1lrcller ol 1h1re1	125,000 Shares	125,000
Resources Caplial	Ply Lid	Capllol Limited	wllhln the meaning of Motion 608(1)(b) and
Limited and APAC			(O) Ol lhe Corpomilon, Acl 2001
APAC Resources	Sun Hun9 Kai lnve,lmont Services Lid	APAC Resourcas Sa1e111c Holdlnge	Controller of shares within the meaning or	34,750,000 Shares	34,750,000
Stratoglo Holdln9$	Resources A/C>	Limned	section 601(1)(b) Md (o) of the Corpora11on1
Limited and	(es nominee)		Acl 2001
APAC

5. Chang11 In 11101.latlon

The persons who have become assoelatee (2) of, ceased to be essoolales of, or have changed lha nature of their assoclallon (9) wllh, the aubs!anlial holdet 11'1 r'elatiOl'I IO voung

lnt8ruls In Iha company or scheme are as lollowe:

Noma and ACN/ARSN (iiapplicable)	Nature of 11s9oclellon
NIA	NIA

6.Addrmee

Tho addro;111of pellOne n1inod In lhl1form,,.as follow,:

Name	Addresa
APAC RasOUrl>lS Llmltad	32/F, Chino Online Gen.333 LooKhan Road, W;nchal, Hong Kong
APAC Roiou"'1ls CopllBI Llmlod (formerly known as Nat Success lnvoslmenls Llmlled)	P.O. So>Offehore lnco1porolons Cewe, Road Town, Tor1ola, Blll•h Virgin Islands
APAC Reaou""' Stral	P.O. eo, 97. 011 horo lncorporallona Centre, Road Town. Tortola, Brlllsh Virgin llland;

Signature

print name

t.au Tong NL capB.i;lty Company Secretary

olgnhore -- - - - - - - - ------ da_1. 25!071_20_1_s _

Annexure "A"

604 page 2/2 15July 2001

This is Annexu re "A" of I page referred to in the Form 604 (Notice of change of interests of substantial

h older), signed by me and dated 25 July 2016.

Signed: Lnu Tung Ni

The following bod ies corporate are related bodies coi·porate of APAC Resources Limited:

Accardo Investments Limited APAC Resources Asia Limited APAC Resou rces Assets Limited APAC Resources Beijing Limited APAC Resources Capi1al Limited APAC Resources China Limited

APAC Resources Commod ity Trading Limited APAC Resources Investment Holding Limited APAC Resources Investments Lim ited

APAC Resou1·ces Holdings China Limited APAC Resources Management Limited APAC Resources Mining Limited

APAC Resources (Qingdao) Company Lim ited APAC Resources Shanghai Limited

APAC Resources Strategic Hold ings Limited APAC Resources Treasmy Management Limited Asia Cheer Trad ing Liin i ted

First Landmark Limited Fortu ne Arm Limited

Fortune Desire Investments Limited Hua Loong Textiles Limited

Mount Sun Investment Limited

Park Well l11ternational Group Limited

Ruiyu (Shanghai) Investment Consulting Co., Ltd. Sino Chance Trading Limited

Shanghai Merchants Hold ings Limited

Super Grand Investments Limited Ying Wing (H.K.) Lim ited Ultimate Smart Hold ings Limited Ult ra Effort Lim ited