ASARA RESOURCES LIMITED — Major Shareholding Notification 2014

Jul 14, 2014

FORM 604 Corporations Act 2001 Section 671B

NOTICE OF CHANGE OF INTERESTS OF SUBSTANTIAL HOLDER

To: Company Name/Scheme

Company Name/Scheme GMR - Golden Rim Resources Ltd ACN/ARSN 006 710 774 Details of Substantial Holder(1) Name Acorn Capital Limited ACN/ARSN (if applicable) 082 694 531 There was a change in the interests of the 15/07/2014 substantial holder on The previous notice was given to the company on 23/12/2013 The previous notice was dated 23/12/2013

1. Details of Substantial Holder(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	82,643,921	11.35%	87,543,921	8.47%

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 or scheme are as follows:

Date of Change	Person whose relevant	Nature of	Consideration given in	Class and number of	Person's votes
	interest changed	change (6)	relation to change (7)	securities affected	affected
23-Dec-2013 to15-Jul-2014	Acorn Capital Limited	Purchase	$549,163.48	4,900,000	4,900,000
23-Dec-2013 to	Acorn Capital Limited	Dilution
15-Jul-2014

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4. Present relevant interests

Particulars of each relevant interests of the substantial holder in voting securities after the change are as follows:

									'
	Holder of Relevant Intere	st	Registered Holder of Se	curities	Person Entitledto be Registeredas	r	ature ofelevant	Class andNumber of	PersonsVotes
							interest	Securities
Auscoal Su										58
	perannuation Fund		JP Morgan Chase					33,000,758	33,000,7
Commonwealth Super Corporation	lh S Ci		HSBC C					441	441
			ustody					5,53,63

5. Changes in Associates

The persons who have become associates (2) of, ceased to be associates, or have change 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) Name of Association

6. Addresses

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

Name	Address
All Relevant Holders	C/O Acorn Capital Limited, Level 12, 90 Collins Street, Melbourne Victoria 3000

Print Name	PAUL PALUMBO	Capacity	Portfolio Manager
Sign Here		Date	15/07/2014

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