On June 23, 2020, Metals X Limited advised that it has received a notice pursuant to section 203D(2) of the corporations act 2001 (Cth) on behalf of APAC Resources Strategic Holdings Ltd (APAC), regarding the intention of APAC to move resolutions for the removal of 3 directors of the Company, being Patrick O’Connor, Brett Lambert, and Tony Polglase. The Company stated that APAC has also informed the Company of its intention to issue a notice under section 249D of the corporations act to requisition a meeting of shareholders to consider the resolutions in the notice and to propose resolutions to seek the appointment of Grahame white and Peter Gunzburg as directors of the Company. The Company stated that it will consider the notice and comply with its obligations under the corporations act and shareholders will be provided with updates as required.