Alkane Resources — Major Shareholding Notification 2018

Aug 22, 2018

Form 605 Corporations Act 2001 Section 671B

Notice of Ceasing to be a Substantial Holder

To: ALKANE RESOURCES LTD

ACN/ARSN:

1. Details of substantial holder (1)

Name: FIL Limited and the entities listed in Annexure A ("FIL") ACN/ARSN (if applicable)

The holder ceased to be a substantial holder on The previous notice was given to the company on The previous notice was dated

20 August 2018 18 April 2017 18 April 2017

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company 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 (4)	Consideration given in relation to change (5)	Class (6) and number of securities affected	Person’s votes affected
			AUD $	Common Stock	Common Stock
13-Apr-17	FIL	SELL	0.26	(369,667)	(369,667)
18-Apr-17	FIL	SELL	0.26	(160,719)	(160,719)
19-Apr-17	FIL	SELL	0.25	(41,412)	(41,412)
20-Apr-17	FIL	SELL	0.25	(146,202)	(146,202)
24-Apr-17	FIL	SELL	0.25	(168,229)	(168,229)
24-Jul-17	FIL	SELL	0.35	(88,461)	(88,461)
04-Aug-17	FIL	SELL	0.35	(108,432)	(108,432)
15-Aug-17	FIL	SELL	0.33	(69,056)	(69,056)
16-Aug-17	FIL	SELL	0.34	(71,777)	(71,777)
17-Aug-17	FIL	SELL	0.34	(59,787)	(59,787)
24-Aug-17	FIL	SELL	0.38	(181,001)	(181,001)
28-Aug-17	FIL	SELL	0.35	(56,452)	(56,452)
04-Sep-17	FIL	SELL	0.41	(81,391)	(81,391)
05-Sep-17	FIL	SELL	0.39	(94,063)	(94,063)
06-Sep-17	FIL	SELL	0.38	(46,779)	(46,779)
11-Sep-17	FIL	SELL	0.40	(90,430)	(90,430)
12-Sep-17	FIL	SELL	0.40	(117,161)	(117,161)
13-Sep-17	FIL	SELL	0.40	(82,426)	(82,426)
22-Sep-17	FIL	SELL	0.38	(53,841)	(53,841)

13-Oct-17	FIL	SELL	0.35	(62,774)	(62,774)
01-Dec-17	FIL	Transition IN	0.19	335,649	335,649
02-Jul-18	FIL	SELL	0.23	(55,645)	(55,645)
03-Jul-18	FIL	SELL	0.23	(225,000)	(225,000)
04-Jul-18	FIL	SELL	0.23	(250,000)	(250,000)
05-Jul-18	FIL	SELL	0.23	(200,000)	(200,000)
06-Jul-18	FIL	SELL	0.24	(117,639)	(117,639)
09-Jul-18	FIL	SELL	0.23	(114,899)	(114,899)
10-Jul-18	FIL	SELL	0.21	(54,598)	(54,598)
11-Jul-18	FIL	SELL	0.21	(402,651)	(402,651)
12-Jul-18	FIL	SELL	0.21	(476,426)	(476,426)
13-Jul-18	FIL	SELL	0.20	(657,414)	(657,414)
20-Aug-18	FIL	Transition OUT	0.19	(1,546,987)	(1,546,987)
			Total Sells	(4,704,332)	(4,704,332)
			Transition IN	335,649	335,649
			Transition OUT	(1,546,987)	(1,546,987)
			Total Net Sells	(5,915,670)	(5,915,670)

3. Resulting interest

Class of Securities (4)	Number of securities	Person’s votes (5)	Voting power (6)
COMMON STOCK	23,897,729	23,897,729	4.72%

4. Changes in Association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (7) 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

5. Addresses

The addresses of persons named in this form are as follows:

Refer to Annexure A

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Sign Here ______

Dated: 22 August 2018 Ryo Sato Regulatory Reporting Manager Duly authorized under Powers of Attorney by and on behalf of FIL Limited

Annexure A

	Investment Manager	Address	Custodian	Nature of Relevant Interest	Sum of Numerator Shares
	FIL INVESTMENT	Level 11, 167	JP MORGAN,		15,734,181
			BOURNEMOUTHC
	MANAGEMENT	Macquarie Street,	()
		Sydney, NSW 2000,	NORTHERN TRUST
	(AUSTRALIA) LIMITED				2,528,536
		Australia	LONDON(C)	Investment Discretion /
	FIL INVESTMENT			Voting Power
		l f
	MANAGEMENT	Leve 21, Two Paciic
		Place, 88 Queensway,	CITIBANK LONDON		5,635,012
	(HONG KONG)
		Admiralty, Hong Kong
	LIMITED
	Grand Total				23,897,729