ALTITUDE MINERALS LTD — Major Shareholding Notification 2021

Sep 15, 2021

COPPER SEARCH LIMITED ACN 650 673 500

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ASX ANNOUNCEMENT

16 SEPTEMBER 2021

INITIAL SUBSTANTIAL SHAREHOLDER NOTICE - MACALLUM GROUP LIMITED - AS AT DATE OF ASX LISTING

Attached is a Form 603 - Notice of Initial Substantial Holder received from Macallum Group Limited

Copper Search Limited

Rance Dorrington

Company Secretary

Further Information:

Rance Dorrington Company Secretary/ CFO rdorringon@coppersearch.com.au

ASX:CUS

W .COPPERSEARCH.COM.AU 11 MOREAU MEWS, APPLECROSS WA 6153

603 page 1/2 15 July 2001

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme

COPPER SEARCH LIMITED

ACN/ARSN

650 673 500

1. Details of substantial holder (1)

Name MACALLUM GROUP LIMITED

ACN/ARSN (if applicable) ACN 145 638 697

The holder became a substantial holder on

15 9 2021

/ /

2. Details of 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 on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
ORDINARY FULLY PAID	29,283,826	29,283,826	35.54%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

llows:
Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
MACALLUM GROUP LIMITED	REGISTERED & BENEFICIAL OWNER	ORDINARY FULLY PAID 25,799,980
LABONNE ENTERPRISES PTY LTD	DIRECTOR PETER MCINTYRE RELATED ENTITY - DIRECTOR & BENEFICIARY	ORDINARY FULLY PAID 3,483,846

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
MACALLUM GROUP LIMITED	MACALLUM GROUP LIMITED	MACALLUM GROUP LIMITED	ORDINARY 25,799,980
LABONNE ENTERPRISES PTY LTD	LABONNE ENTERPRISES PTY LTD	LABONNE ENTERPRISES PTY LTD	ORDINARY 3,483,846

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)	Consideration (9)	Class and number of securities
		Cash	Non-cash
LABONNE ENTERPRISES PTY LTD	MAY 2021 [FROM EXERCISE OF SEED CAPITAL OPTIONS]	$100,000.00		ORDINARY 1,000,000
LABONNE ENTERPRISES PTY LTD	INVESTMENT IN IPO SEPT 2021	$52,500.00		ORDINARY 150,000

603 page 2/2 15 July 2001

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable) Nature of association LABONNE ENTERPRISES PTY LTD PETER MCINTYRE IS A DIRECTOR OF BOTH MACALLUM GROUP LTD AND LABONNE ACN 076 606 829 ENTERPRISES PTY LTD AS WELL AS A BENEFICIARY OF FAMILY AND SUPER FUND ACCOUNTS FOR WHICH LABONNE IS TRUSTEE. LABONNE HOLDS SUBSTANTIAL INTERESTS IN MACALLUM GROUP LTD ON BEHALF OF FAMILY AND SUPER FUND A/CS 7. Addresses The addresses of persons named in this form are as follows: Name Address MACALLUM GROUP LIMITED 11 MOREAU MEWS / PO BOX 920 CANNING BRIDGE / APPLECROSS WA 6153 LABONNE ENTERPRISES PTY LTD & 18A FRASER ROAD APPLECROSS WA 6153 PETER MCINTYRE

Signature

COMPANY SECRETARY FOR AND ON BEHALF print name RANCE DORRINGTON capacity OF MACALLUM GROUP LIMITED sign here date 15 9 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 7 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 total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.

• (6) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (7) Include details of:

• (a) any relevant agreement or other circumstances by which the relevant interest was acquired. 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.

• (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) 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.