BALLYMORE RESOURCES LIMITED — Major Shareholding Notification 2025

Feb 12, 2025

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Ballymore Resources Ltd (BMR) ACN/ARSN 632 893 611 1. Details of substantial holder (1) Regal Funds Management Pty Limited and its associates Name (see Annexure 1) ACN/ARSN (if applicable) -

The previous notice was given to the company on The previous notice was dated There was a change in the interests of the substantial holder on	11/02/2025
	21/08/2024
	19/08/2024

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	Previous notice	Current notice	Current notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
ORDINARY	21,270,359	12.04%	19,223,466	*10.88%

*The % substantial is based on the shares on issue of 176,730,585 as disclosed by the Company on 04-06-2024.

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:

Holder of relevant interest	Date of acquisition	Consideration (9)	Class and number of securities
	See Annexure 2

4. Present relevant interests

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

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
Regal Funds Management Pty Ltd and its associates	UBS NOMINEES PTY LTD	UBS AG, AUSTRALIA BRANCH	Power to control the exercise of a power to dispose of securities	3,987,139 ORDINARY	3,987,139
Regal Funds Management Pty Ltd and its associates	HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED A/C 2	MORGAN STANLEY & CO INTL PLC	Power to control the exercise of a power to dispose of securities	487,059 ORDINARY	487,059
Regal Funds Management Pty Ltd and its associates	MERRILL LYNCH (AUS) NOMINEES PTY LTD	MERRILL LYNCH INTERNATIONAL LIMITED	Power to control the exercise of a power to dispose of securities	10,000 ORDINARY	10,000
Regal Funds Management Pty Ltd and its associates	J.P. MORGAN PRIME NOMINEES LTD	J.P MORGAN SECURITIES PLC	Power to control the exercise of a power to dispose of securities	314,022 ORDINARY	314,022
Regal Funds Management Pty Ltd and its associates	J.P. MORGAN NOMINEES AUSTRALIA LTD	J.P MORGAN NOMINEES AUSTRALIA LTD	Power to control the exercise of a power to dispose of securities	1,508,541 ORDINARY	1,508,541

Regal Funds Management Pty Ltd and its associates	CITICORP NOMINEES PTY LIMITED	CITIGROUP GLOBAL MARKETS LIMITED	Power to control the exercise of a power to dispose of securities	300,000 ORDINARY	300,000
Taurus Mining Royalty Fund, GP LLC as general partner of Taurus Mining Royalty Fund, L.P.	Taurus Mining Royalty Fund, L.P.	Taurus Mining Royalty Fund, L.P.	Power to control the exercise of a power to dispose of securities	12,616,705 ORDINARY	12,616,705

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Nature of association
N/A
Name Address
LEVEL 47, GATEWAY, 1 MACQUARIE PLACE, SYDNEY
NSW 2000
LEVEL 47, GATEWAY, 1 MACQUARIE PLACE, SYDNEY
NSW 2000
SUITE 4101, LEVEL 41, Gateway, 1 MACQUARIE
PLACE, SYDNEY, NSW 2000
print name Kenny Ho capacity Company Secretary
sign here date 13/02/2025
Name
Consideration
given in Number of Persons
Nature of relation to securities Class of votes
ged Change change affected securities affected
Management Pty Limited) Sell 7669.20 66000 Ordinary 66000
Management Pty Limited) Sell 12000.00 100000 Ordinary 100000
Management Pty Limited) Sell 12579.72 99131 Ordinary 99131
Management Pty Limited) Sell 2800.00 20000 Ordinary 20000
Management Pty Limited) Sell 16612.02 123052 Ordinary 123052
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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:

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Name and ACN/ARSN (if applicable) Nature of association
N/A
6. Addresses
The addresses of persons named in this form are as follows:
Name Address
LEVEL 47, GATEWAY, 1 MACQUARIE PLACE, SYDNEY
REGAL FUNDS MANAGEMENT PTY LIMITED
NSW 2000
LEVEL 47, GATEWAY, 1 MACQUARIE PLACE, SYDNEY
REGAL PARTNERS LIMITED
NSW 2000
SUITE 4101, LEVEL 41, Gateway, 1 MACQUARIE
TAURUS FUNDS MANAGEMENT PTY LIMITED
PLACE, SYDNEY, NSW 2000
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Signature

Annexure 1

Details of Substantial Holders

ACN	Name
107 576 821	REGAL FUNDS MANAGEMENT PTY LIMITED
129 188 450	REGAL PARTNERS LIMITED
121 452 560	TAURUS FUNDS MANAGEMENT PTY LIMITED

Annexure 2

Changes in Relevant Interests

Date	Person whose relevant interest changed	Nature of Change	Consideration given in relation to change	Number of securities affected	Class of securities	Persons votes affected
20/08/2024	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Sell	7669.20	66000	Ordinary	66000
26/08/2024	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Sell	12000.00	100000	Ordinary	100000
12/09/2024	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Sell	12579.72	99131	Ordinary	99131
19/09/2024	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Sell	2800.00	20000	Ordinary	20000
23/09/2024	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Sell	16612.02	123052	Ordinary	123052

26/09/2024	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Sell	18033.01	138184	Ordinary	138184
14/10/2024	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Sell	27545.84	196756	Ordinary	196756
23/10/2024	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Sell	11465.82	84932	Ordinary	84932
25/10/2024	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Sell	5361.00	42888	Ordinary	42888
4/11/2024	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Sell	31008.94	206451	Ordinary	206451
5/11/2024	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Sell	58045.75	398119	Ordinary	398119
19/11/2024	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Sell	33062.15	281380	Ordinary	281380
11/02/2025	Regal Funds Management Pty Limited (and Regal Partners Limited by virtue of control of Regal Funds Management Pty Limited)	Sell	43500.00	290000	Ordinary	290000