Appendix 3Y Change of Director's Interest Notice Appendix 3Y Change of Director's Interest Notice

Rule 3.19A.2

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: METALS X LIMITED

ABN: 25 110 150 055

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

Warren Shaye Hallam

Date of last notice

25 November 2016

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 relevant interest.

Hallam Superannuation Fund of which Mr Hallam is a beneficiary; and

LM Hallam: Spouse.

Date of change

20 January 2017

No. of securities held prior to change

Direct:

433,614 - Fully Paid Ordinary Shares Indirect:

1,687,595 - Fully Paid Ordinary Shares

Class

Unlisted Employee Options - exercisable at $0.76 and expiring 20/01/2020

Number acquired

Direct: 2,000,000

Number disposed

N/a

Value/Consideration

Note: If consideration is non-cash, provide details and estimated valuation

Nil

+ See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director's Interest Notice

No. of securities held after change

Direct:

433,614 - Fully Paid Ordinary Shares

2,000,000 - Unlisted Employee Options - exercisable at $0.76 and expiring 20/01/2020

Indirect:

1,687,595 - Fully Paid Ordinary Shares

Nature of change

Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back

Issue of employee options as approved at the AGM dated 24 November 2016.

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 an estimated valuation

N/a

Interest after change

N/a

Part 3 - +Closed period

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

No

If so, was prior written clearance provided to allow the trade to proceed during this period?

N/a

If prior written clearance was provided, on what date was this provided?

N/a

+ See chapter 19 for defined terms.

Appendix 3Y Page 2 01/01/2011

Metals X Limited published this content on 20 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 January 2017 03:18:33 UTC.

Original documenthttps://www.metalsx.com.au/system/announcements/806/20170120_App_3Y.WSHallam.pdf

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