Metalicity Limited ('Metalicity' or 'the Company') advises that the following Unlisted Options and Performance Rights have lapsed in accordance with their terms and conditions: 3,150,000 Unlisted Options (ASX code: MCTAY) exercisable at $0.03 on or before 10 Dec 2020 (Sub code: MCTOP15); 4,550,000 Unlisted Options (ASX code: MCTAY) exercisable at $0.04 on or before 10 Dec 2020 (Sub code: MCTOP16); 4,550,000 Unlisted Options (ASX code: MCTAY) exercisable at $0.05 on or before 10 Dec 2020 (Sub code: MCTOP17) and 400,000 Unlisted Performance Rights (ASX code: MCTAD) Vesting at $0.06 expiring on 15 March 2021 (Sub code: MCTPERF)

Contact:

Jason Livingstone

Tel: +61 8 6500 0202

Email: jlivingstone@metalicity.com.au

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