26 Nov

Change in substantial holding

ABN: 72 124 772 041 Unit 6, 1 Clive St West Perth, WA, Australia, 6005 ASX Code: GMD www.genesisminerals.com.au T: +61 8 9322 6178 26 November 2021 Australian Securities Exchange Attention: ASX Market Announcements Dear Sir/Madam Form 604 Notice of Change of Interests of Substantial Holder Ian Gandel Please find attached a Notice of Change of Interests of Substantial Holder received from Mr Ian Gandel. We note that the interest held by Mr Gandel in Genesis Minerals Limited (ASX: GMD) ( Company ) is deemed to arise under section 608(3) of the Corporations Act 2001 (Cth) pursuant to his voting interest held in Alkane Resources Limited ( ALK ). For clarity, the interest held by Mr Gandel does not represent additional voting power to that held by ALK in the Company. There is no change to the voting power held by ALK. This announcement is approved for release by Geoff James, CFO & Company Secretary for Genesis Minerals Limited. - ENDS - For further information, please contact: Geoff James CFO & Company Secretary T: +61 8 9322 6178 Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder To Company Name/Scheme Genesis Minerals Limited (“ Genesis ”) ACN/ARSN 124 7 7 2 041 1. Details of substantial holder (1) Name Each of: Abbotsleigh P roprietary L imited ACN 005 612 377 (“ Abbotsleigh ”) and Ian Jeffrey Gandel (“ Mr Gandel ”) ACN/ARSN N/A There was a change in the interests of the substantial holder on 10/06 /20 2 1 The previous notice was given to the company on 04/05 /20 2 1 The previous notice was dated 04/05 /20 2 1 2. Previous and present voting power The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows: Class of securities (4) Previous notice Present notice Person's votes Voting power (5) Person's votes Voting power (5) Ordinary Fully Paid Shares (“ ORD ”) 385,463,924 18.59 % 295 , 834,597 12.27 % 3. Changes in relevant interests Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the co mpany or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows: Date of Change Person whose relevant interest changed Nature of Change (6) Consideratio n given in relation to change (7) Class and number of securities affected Person’s votes affected 25/11/21 Alkane Resources Limited (“ ALK ”) Dilution due to share issue by Genesis N/A 295,834 ,597 ORD ALK 23/11/21 ALK On - market sale $18,900,000 126,000,000 ORD ALK 19/11/21 ALK Dilution due to share issue by Genesis N/A 421,834,597 ORD ALK 29/10/21 ALK Dilution due to share issue by Genesis N/A 421,834,597 ORD ALK 19/10/21 ALK Dilution due to share issue by Genesis N/A 421,834,597 ORD ALK 06/10/21 ALK Dilution due to share issue by Genesis N/A 421,834,597 ORD ALK 30/09/21 ALK Dilution due to share issue by Genesis N/A 421,834,597 ORD ALK 22/09/21 ALK Dilution due to share issue by Genesis N/A 421,834,597 ORD ALK 10/06/21 ALK Issued in accordance with a conditional subscription agreement between Genesis and ALK following Genesis shareholder approval $2,182,240 36,370,673 ORD ALK 19/05/21 ALK Dilution due to share issue by Genesis N/A 385,463,924 ORD ALK 4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows: Holders relevant interest Registered holder of securities Person entitled to be registered as holder (8) Nature of relevant interest (6) Class and number of securities Person’s votes ALK ALK ALK Registered holder with relevant interest under section 608(1)(a) of the Corporations Act 2001 Cth (“ Corporations Act ”) 295,834 , 597 ORD 295,834,597 Abbotsleigh ALK ALK Abbotsleigh’s relevant interest arises under section 608( 3 )(a) of the Corporations Act in relation to ALK 295,834 , 597 ORD 295,834,597 Mr Gandel ALK ALK Mr Gandel’s relevant interest arises under section 608( 3 )( b ) of the Corporations Act in relation to Abbotsleigh 295,834 , 597 ORD 295,834,597 5. Changes in association The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows: Name and ACN/ARSN (if applicable) Nature of association N/A N/A 6. Addresses The addresses of persons named in this form are as follows: Name Address Ian Jeffrey Gandel Suite 3, 51 - 55 City Road, Southbank, VIC 3006 Abbotsleigh Proprietary Limited Suite 3, 51 - 55 City Road, Southbank, VIC 3006 Alkane Resources Limited Level 4, 66 Kings Park Road, West Perth WA 6005 Signature Print Name Ian Jeffrey Gandel Capacity Individual Sign Here Date 2 6 / 11 / 2021 DIRECTIONS (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form. (2) See the definition of "associate" in section 9 of the Corporations Act 2001. (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. (4) The voting shares of a company constitute one class unless divided into separate classes. (5) The person's votes divided by the total votes in the body corporate or scheme multipl ied by 100. (6) Include details of: (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4 ) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification ap plies). See the definition of "relevant agreement" in section 9 of the Corporations Act 2001. (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interes t was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in re lation to the acquisitions, e ven if they are not paid directly to the person from whom the relevant interest was acquired. (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of a n option) write "unknown". (9) Give detai ls, if appropriate, of the present association and any change in that association since the last substantial holding notice.
Information on this Website is provided for general information purposes only and is not a substitute for professional advice. ASX Information (including company announcements and prices) is delayed by at least 20 minutes. JSE Information (including company announcements and prices) is delayed by at least 15 minutes. Reliance on the information you access on or from this Website is solely at your own risk. We make no representation or warranty in relation to the future performance of the companies that appear on this Website. Investment in securities involves risk and you should obtain independent professional legal, financial, investment or company advice before acting on any of the information you access on this Website. Using, browsing or otherwise accessing this Website is subject to our Terms and Conditions and our Privacy Policy.

© 2021 Listcorp. ABN 60 166 140 307

Never miss news from Genesis Minerals Limited (ASX:GMD) when you join Listcorp.