Metalicity Limited (ASX: MCT) ('Metalicity' or 'the Company') advises that the following Options are coming up for expiry: as announced on 22 April 2022 - 183,600,093 previously Listed Options (ASX Code: MCTO), exercisable at $0.004 will expire this Sunday 22 May 2022.

A copy of the Exercise Form is attached for MCTO Options Holders wishing to convert and 10,785,715 Unlisted Options (ASX Code: MCTAY), exercisable at $0.02 on or before 31 May 2022 (Sub code: MCTOP42)

Please note you must return your Exercise Form and send funds for an Option Conversion to be valid. The Company advises that in relation to the Non-Renounceable Rights Issue that you can access the Prospectus and download your personalised Entitlement and Acceptance Form via the following link: https://events.miraqle.com/MCT-Offer and pay by BPAY. This is the recommended way to apply for new Shares under the Rights Issue. If you pay via BPAY, you do not need to return the Entitlement and Acceptance Form.

Note the Rights Issue closes this coming Tuesday - 24 May If you have any any further queries on the Rights Issue please call the Metalicity Limited Rights Issue information line on 1300 853 816. Note: If you cannot pay for the Rights Issue by BPAY, you can pay by cheque, bank draft or money order.

Contact:

Justin Barton

Tel: +61 8 6500 0202

Email: jbarton@metalicity.com.au

(C) 2022 Electronic News Publishing, source ENP Newswire