Zamia Metals : Share Placement and ASX Appendix 3B

ASX: ZGM

12 January 2017

Company Announcements Office ASX Limited

20 Bridge Street

Sydney, NSW 2000

Attached is an Appendix 3B following a Zamia Metals Ltd (the Company) share placement of 72,000,000 fully paid ordinary shares at an issue price of $0.003 per share to raise $216,000 on 3 January 2017. Each two (2) shares includes an entitlement to one (1) unlisted option per share exercisable at $0.003 per share expiring on 31 December 2018. The placement has been done under the 15% capacity of the Company. The applicants have agreed not to trade such shares until the Company is quoted again on the ASX. The funds have been raised for working capital purposes and to fund costs in relation to the acquisition of Kirkham International Pte Ltd as announced on 11 October 2016. The parties are well advanced on completion of the Notice of Meeting Documents, Expert Reports and the Capital Raising Prospectus and we anticipate lodgement of these documents during the month of January.

The Company gives notice under section 708A (5) (e) of the Corporations Act 2001 (the Act)

that:

1. These shares will be issued without disclosure to the investors under Part 6D of the Act.

2. As at the date of this notice the Company has complied with:

3. the provisions of Chapter 2M of the Act as they apply to the Company; and

4. section 674 of the Act: and

5. As at the date of this notice there is no information to be disclosed that is excluded information, as defined in section 708A (7) of the Act, which investors and their professional advisors would reasonably expect to find in a disclosure document.

   Andrew Skinner Executive Chairman

   ZAMIA Metals Limited	Level 8, 275 George Street	PO Box 4147	T: + 61 2 8223 3744	[e-mail]
   ABN: 73 120 348 683	Sydney NSW 2000 Australia	Sydney NSW 2001 Aus	F: + 61 2 8223 3799	www.zamia.com.au

   Appendix 3B

   Rule 2.7, 3.10.3, 3.10.4, 3.10.5

   New issue announcement, application for quotation of additional securities

   and agreement

   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 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13

   Name of entity

   Zamia Metals Limited

   ABN

   73 120 348 683

   We (the entity) give ASX the following information.

   Part 1 - All issues

   You must complete the relevant sections (attach sheets if there is not enough space).

   Fully Paid Ordinary Shares and Unlisted Options

   1+Class of +securities issued or to be issued

   72,000,000 Ordinary shares

   36,000,000 Unlisted Options

6. Number of +securities issued or to be issued (if known) or maximum number which may be issued

   Fully Paid Ordinary shares subject to a trading halt

   Unlisted Options exercisable at

   $0.003 per share

   expiring 31 December 2018

7. Principal terms of the +securities (e.g. if options, exercise price and expiry date; if partly paid

   +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)

   Yes

8. Do the +securities rank equally in all respects from the +issue date with an existing +class of quoted +securities?

   If the additional +securities do not rank equally, please state:

   • the date from which they do

   • the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

   • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

     $216,000 -$0 .003 per share

9. Issue price or consideration

   To provide additional working capital

10. Purpose of the issue

(If issued as consideration for the acquisition of assets, clearly identify those assets)

No

6a Is the entity an +eligible entity that has obtained security holder approval under rule 7.1A?

If Yes, complete sections 6b - 6h in relation to the +securities the subject of this Appendix 3B, and comply with section 6i

6b The date the security holder resolution under rule 7.1A was passed

6c Number of +securities issued without security holder approval under rule 7.1

6d Number of +securities issued with security holder approval under rule 7.1A