Neometals : Director Appointment/Resignation

Microsoft Word - ND14042016 (final draft).docx

ASX RELEASE

14 April 2016

Level 1, 672 Murray Street West Perth WA 6005

Locked Bag 8

West Perth WA 6872

t. +61 8 9322 1182

f. +61 8 9321 0556

info@neometals.com.au neometals.com.au

Neometals Ltd ABN 89 099 116 631

NMT expands board to drive strategic objectives

Neometals Ltd (ASX:NMT)('Neometals' or the 'Company') is pleased to advise that it has appointed two new independent directors effective from 14 April 2016:

• Mr Doug Ritchie; and

• Dr Natalia Streltsova.

Doug Ritchie is a senior resources industry executive with over 35 years experience, including over 28 years working with Rio Tinto in various senior management roles including CEO Rio Tinto Energy Australia and most recently the Group Executive of Strategy based in the UK. Mr Ritchie has considerable international corporate experience, including in China, and is currently a Non‐Executive Director of diversified mining company Arrium Limited and the Chairman of Uniquest, the University of Queensland's commercialisation company.

Natalia Streltsova is a PhD qualified chemical engineer with over 25 years experience in the minerals industry and an extensive background in mineral processing and hydrometallurgy across a range of commodities relevant to Neometals. Her previous roles have included Director of Technical Development at Vale (formerly CVRD), Development Manager at GRD Minproc and senior technical roles at BHP Billiton and WMC Resources that involved considerable interaction with operations to identify and implement innovative projects to increase production and reduce costs. Dr Streltsova has considerable international experience in technical and business development capacities, in South America, Africa and the Former Soviet Union and is currently a Non‐Executive Director of Potash West NL.

Neometals Chairman, Steven Cole, commented:

"We are delighted that Doug and Natalia have agreed to join the Board. With Neometals strategically positioning itself as a globally relevant player in the lithium and titanium industries, Doug's and Natalia's wealth of relevant technical and commercial experience will be invaluable. Neometals very much looks forward to their contributions for the benefit of the Company and its shareholders as a whole.

As the Company's market capitalisation continues to grow towards ASX 300 entry level, the expanded majority independent board coupled with the organisation's existing strong commitment to corporate governance best practice, well positions the Company to meet institutional shareholder governance expectations."

The respective Appendix 3X Initial Director's Interest Notice follow this announcement.

ENDS

For further information, please contact:

Chris Reed Managing Director Neometals Ltd

T: +61 8 9322 1182

E: info@neometals.com.au

Media

Richard Glass / Michael Weir Citadel‐MAGNUS

T: +61 8 6160 4900

Steven Cole Chairman Neometals Ltd

T: +61 8 9226 0622

Appendix 3X Initial Director's Interest Notice

Appendix 3X

Initial Director's Interest Notice

Rule 3.19A.1

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 Neometals Ltd ABN 89 099 116 631

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	Douglas Campbell Walter Ritchie
Date of appointment	14 April 2016

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

Nil

+ See chapter 19 for defined terms.

11/3/2002 Appendix 3X Page 1

Appendix 3X

Initial Director's Interest Notice

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 interest

Note: Provide details of the circumstances giving rise to the relevant interest.

Nil

Number & class of Securities

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.

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

+ See chapter 19 for defined terms.

Appendix 3X Page 2 11/3/2002