ADVANCE METALS LIMITED — Major Shareholding Notification 2017

Nov 16, 2017

604 page 1/3 15 July 2001

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Pacific American Coal Limited ACN/ARSN 127 131 604

1. Details of substantial holder (1)

Name

H. F. T. Nominees Pty. Ltd. 059 808 874

ACN/ARSN (if applicable) 059 808 874 There was a change in the interests of the substantial holder on 16 November 2017 The previous notice was given to the company on 16 October 2017 The previous notice was dated 13 October 2017

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:

s follows:
Class of securities(4)	Previous notice		Present notice
	Person’s votes	Voting power (5)	Person’s votes	Voting power (5)
FullyPaid OrdinaryShares	18,545,380	11.22%	19,845,380	12.01%

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 company or scheme, since the substantial holder was last required to give a substantial holding notice to the company are as follows:

Date of change	Person whose relevant	Nature of change (6)	Nature of change (6)	Consideration	Class and number of	Person’s votes
	interest changed			given in relation to	securities affected	affected
				change(7)
				Cents per Share	Number of ordinary	Number of votes
					fully paid shares
16/10/2017	HFT Nominees PtyLtd	Market trade.		2.9500	300,000	300,000
19/10/2017	HFT Nominees PtyLtd	Market trade.		3.5000	199,612	199,612
31/10/2017	HFT Nominees PtyLtd	Market trade.		3.5516	396,375	396,375
1/11/2017	HFT Nominees PtyLtd	Market trade.		3.5908	224,625	224,625
2/11/2017	HFT Nominees PtyLtd	Market trade.		3.5000	79,388	79,388
15/11/2017	HFT Nominees PtyLtd	Market trade.		3.3000	50,000	50,000
16/11/2017	HFT Nominees PtyLtd	Market trade.		3.3000	50,000	50,000
4. Present relevant interests
Particulars of each relevant interest of the substantial holder in votingsecurities after the change are as follows:
Holder of relevant	Registered holder of		Person entitled to	Nature of relevant	Class and number of	Person’s votes
interest	securities		be registered as	interest (6)	securities
			holder(8)
					Number of ordinary
					fully paid shares	Number of votes
HFT Nominees Pty HFT Nominees Pty Ltd			HFT Nominees	Direct registered
Ltd			PtyLtd	holding	3,654,378	3,654,378
International Pacific Securities Limited International Pacific Securities Limited IPS Nominees Limited IPS Nominees Limited Geoffrey Guild Hill Geoffrey Guild Hill			International Pacific Securities Limited IPS Nominees Limited Geoffrey Guild Hill	Relevant interest under sections 608 (1) and 608 (2) of the Corporations Act 2001(Cth)	16,075,168 83,334 32,500	16,075,168 83,334 32,500

604 page 2/3 15 July 2001

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

6. Addresses

The addresses of persons named in this form are:

Name	Address
HFT Nominees PtyLtd	PO Box 234,South Hurstville NSW 2221
International Pacific Securities Limited	PO Box 234, South Hurstville NSW 2221
GeoffreyGuild Hill	PO Box 234,South Hurstville NSW 2221
IPS Nominees Limited	PO Box 234,South Hurstville NSW 2221

Signature

print name Stephen Lau capacity Secretary sign here date 17 November 2017

604 page 3/3 15 July 2001

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 (Clth) .

• 3) See the definition of “relevant interest” in sections 608 and 671B(7) of the Corporations Act 2001 (Clth) .

• 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 multiplied 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 applies).

• See the definition of “relevant agreement” in section 9 of the Corporations Act 2001 (Clth) .

• 7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest 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 relation to the acquisitions, even 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 an option) write “unknown”.

• 9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.