AUREKA LIMITED — Major Shareholding Notification 2021

Dec 15, 2021

603 page 2/2 15 July 2001

Form 603 Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme

Navarre Minerals Limited

ACN/ARSN

ACN 125 140 105

1. Details of substantial holder (1)

Name Evolution Mining Limited ACN/ARSN (if applicable) ACN 084 669 036 The holder became a substantial holder on 14/12/2021

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)
Fully paid ordinary shares ("Ordinary Shares")	176,565,396	176,565,396	12.938% (based on 1,364,672,152 Ordinary Shares)

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:

r are as follows:
Holder of relevant interest	Nature of relevant interest (7)			Class and number of securities
Evolution Mining Limited	Evolution Mining Limited has a relevant interest in the Ordinary Shares under section 608(1)(a) of the_Corporations Act 2001_(Cth) by reason of being the holder of the Ordinary Shares. Evolution Mining Limited acquired the Ordinary Shares in connection with the sale of Evolution's Mt Carlton Operations to Navarre Minerals Limited, as disclosed in Navarre’s ASX Release dated 5 October 2021 and titled “Transformational Acquisition of the Mt Carlton Operations and Equity Raising”. See Annexure A for the Subscription Agreement between Evolution Mining Limited and Navarre Minerals Limited dated 7 October 2021.			176,565,396 Ordinary Shares
resent registered holders stered as holders of the securities referred to inparagraph 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
Evolution Mining Limited		Evolution Mining Limited	Evolution Mining Limited	176,565,396 Ordinary Shares

4. Details of present registered holders

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

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:

ntial holder is as follows:
Holder of relevant interest	Date of acquisition	Consideration (9)		Class and number of securities
Evolution Mining Limited	14 December 2021	Cash	Non-cash	176,565,396 Ordinary Shares
			In connection with the sale of Evolution's Mt Carlton Operations to Navarre. See section 3 above.

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
N/A
f persons named in this form are as follows:
Name	Address
Evolution Mining Limited	Level 24, 175 Liverpool Street, Sydney NSW 2000

7. Addresses

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

Signature

print name Evan Elstein capacity Company Secretary sign here date 16/12/2021 DIRECTIONS er of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, ed to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members paragraph 7 of the form. f "associate" in section 9 of the Corporations Act 2001. f "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. of a company constitute one class unless divided into separate classes.	Evan Elstein capacity	Company Secretary
	date	16/12/2021

• (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, moneys 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.

Annexure A: Evolution Mining Limited - Subscription Agreement

This is Annexure A of 16 pages referred to in Form 603 (Notice of Intial Substantial Holder) dated 16 December 2021.

==> picture [178 x 17] intentionally omitted <==



 



     

Signed By : Date: 16/12/2021





This is Annexure A of 16 pages referred to in Form 603 (Notice of Intial Substantial Holder) dated 16 December 2021.

Annexure A: Evolution Mining Limited - Subscription Agreement



==> picture [115 x 12] intentionally omitted <==



			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
			
		 
			





Annexure A: Evolution Mining Limited - Subscription Agreement

This is Annexure A of 16 pages referred to in Form 603 (Notice of Intial Substantial Holder) dated 16 December 2021.



==> picture [115 x 12] intentionally omitted <==

 7 October 2021



•   

•   



•  

•   

•    

•  

•    



 

 



 





 

 

 









 

 





Annexure A: Evolution Mining Limited - Subscription Agreement

This is Annexure A of 16 pages referred to in Form 603 (Notice of Intial Substantial Holder) dated 16 December 2021.



==> picture [115 x 12] intentionally omitted <==

•  

•  

•  

•  

•  

• 



• 

•  

•   

•   

 



•  

•   









 





•  

•  

  





  

 





This is Annexure A of 16 pages referred to in Form 603 (Notice of Intial Substantial Holder) dated 16 December 2021.

Annexure A: Evolution Mining Limited - Subscription Agreement



==> picture [115 x 12] intentionally omitted <==



 

•  

•      

•    

•  

  •    

  •   

•  

•  

•  

•   

•   

•   

•  

•    

•   

•   

•   

•     

•   





Annexure A: Evolution Mining Limited - Subscription Agreement

This is Annexure A of 16 pages referred to in Form 603 (Notice of Intial Substantial Holder) dated 16 December 2021.



==> picture [115 x 12] intentionally omitted <==

       

 

 

 

 

 

  

 

 

•   

•        

 

    

 

    





This is Annexure A of 16 pages referred to in Form 603 (Notice of Intial Substantial Holder) dated 16 December 2021.

Annexure A: Evolution Mining Limited - Subscription Agreement



==> picture [115 x 12] intentionally omitted <==

 

 

 

 

•  

•     

•    

•   

•  

•   

•  

  •    

  •    



•   

•  

•     

•   

  •      

  •  





Annexure A: Evolution Mining Limited - Subscription Agreement

This is Annexure A of 16 pages referred to in Form 603 (Notice of Intial Substantial Holder) dated 16 December 2021.



==> picture [115 x 12] intentionally omitted <==

•    

•     

 

•   

•   

•    

•  

•      

 

•       

•     

 

 

  

•   

•    

•   





This is Annexure A of 16 pages referred to in Form 603 (Notice of Intial Substantial Holder) dated 16 December 2021.

Annexure A: Evolution Mining Limited - Subscription Agreement



==> picture [115 x 12] intentionally omitted <==

  

•     

•  

•     

•      

•      

•     

•    

•   

 

  

•   

•   

•    

•  

•   





Annexure A: Evolution Mining Limited - Subscription Agreement

This is Annexure A of 16 pages referred to in Form 603 (Notice of Intial Substantial Holder) dated 16 December 2021.



==> picture [115 x 12] intentionally omitted <==

•   

•     

•    

•    

•     

 

•    

•     

 

 

      

 

  

 

  





Annexure A: Evolution Mining Limited - Subscription Agreement

This is Annexure A of 16 pages referred to in Form 603 (Notice of Intial Substantial Holder) dated 16 December 2021.



==> picture [115 x 12] intentionally omitted <==

 

 

 

  

 

•      

•  

•    

•   

  •   

  •    

•     

•    

 

 

  

 

 

•    





This is Annexure A of 16 pages referred to in Form 603 (Notice of Intial Substantial Holder) dated 16 December 2021.

Annexure A: Evolution Mining Limited - Subscription Agreement



==> picture [115 x 12] intentionally omitted <==

•     

 



 





•  

•    





•  

•  

•   

•    

•  

  •   

  •   

  •     



•  

•  

•  

  





Annexure A: Evolution Mining Limited - Subscription Agreement

This is Annexure A of 16 pages referred to in Form 603 (Notice of Intial Substantial Holder) dated 16 December 2021.



==> picture [115 x 12] intentionally omitted <==

 

  

 

•    

•        

 

•   

•  

•    

•    

 

   

 

   

 

     





Annexure A: Evolution Mining Limited - Subscription Agreement

This is Annexure A of 16 pages referred to in Form 603 (Notice of Intial Substantial Holder) dated 16 December 2021.



==> picture [115 x 12] intentionally omitted <==

 





 



      





Annexure A: Evolution Mining Limited - Subscription Agreement This is Annexure A of 16 pages referred to in Form 603 (Notice of Intial Substantial Holder) dated 16 December 2021.

==> picture [108 x 11] intentionally omitted <==

==> picture [115 x 11] intentionally omitted <==

==> picture [40 x 9] intentionally omitted <==

==> picture [7 x 9] intentionally omitted <==

==> picture [89 x 11] intentionally omitted <==

==> picture [32 x 8] intentionally omitted <==

==> picture [47 x 8] intentionally omitted <==

==> picture [120 x 8] intentionally omitted <==

==> picture [43 x 9] intentionally omitted <==

==> picture [59 x 11] intentionally omitted <==

==> picture [39 x 11] intentionally omitted <==

==> picture [16 x 8] intentionally omitted <==

==> picture [39 x 8] intentionally omitted <==

==> picture [82 x 9] intentionally omitted <==

==> picture [7 x 8] intentionally omitted <==

==> picture [74 x 40] intentionally omitted <==

==> picture [74 x 10] intentionally omitted <==

==> picture [121 x 41] intentionally omitted <==

==> picture [120 x 10] intentionally omitted <==

==> picture [7 x 8] intentionally omitted <==

==> picture [55 x 9] intentionally omitted <==

==> picture [6 x 8] intentionally omitted <==

==> picture [43 x 9] intentionally omitted <==

==> picture [51 x 9] intentionally omitted <==

==> picture [47 x 9] intentionally omitted <==

==> picture [120 x 9] intentionally omitted <==

==> picture [24 x 10] intentionally omitted <==

==> picture [101 x 10] intentionally omitted <==

==> picture [16 x 8] intentionally omitted <==

==> picture [13 x 10] intentionally omitted <==

==> picture [32 x 9] intentionally omitted <==

==> picture [120 x 10] intentionally omitted <==

==> picture [67 x 38] intentionally omitted <==

==> picture [43 x 10] intentionally omitted <==

==> picture [35 x 8] intentionally omitted <==

==> picture [54 x 9] intentionally omitted <==

==> picture [50 x 8] intentionally omitted <==

==> picture [76 x 41] intentionally omitted <==

==> picture [128 x 10] intentionally omitted <==

==> picture [84 x 11] intentionally omitted <==

==> picture [51 x 8] intentionally omitted <==

==> picture [7 x 8] intentionally omitted <==

==> picture [6 x 8] intentionally omitted <==

==> picture [423 x 10] intentionally omitted <==

==> picture [443 x 10] intentionally omitted <==

==> picture [469 x 10] intentionally omitted <==

==> picture [450 x 11] intentionally omitted <==

==> picture [462 x 11] intentionally omitted <==

==> picture [185 x 10] intentionally omitted <==

==> picture [162 x 9] intentionally omitted <==

==> picture [36 x 7] intentionally omitted <==

==> picture [20 x 7] intentionally omitted <==

==> picture [5 x 7] intentionally omitted <==

This is Annexure A of 16 pages referred to in Form 603 (Notice of Intial Substantial Holder) dated 16 December 2021.

Annexure A: Evolution Mining Limited - Subscription Agreement



==> picture [115 x 12] intentionally omitted <==



	
	
	
	



