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CAPRICORN METALS LTD Major Shareholding Notification 2017

Oct 15, 2017

64670_rns_2017-10-15_5f59bf4b-0853-451e-be15-7830b48c5aa1.pdf

Major Shareholding Notification

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FORM 605 Corporations Act 2001 Section 671B

NOTICE OF CEASING TO BE A SUBSTANTIAL HOLDER

To: Company Name/Scheme CMM - Capricorn Metals Ltd ACN/ARSN 121 700 105 1. 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 13/10/2017 substantial holder on The previous notice was given to the company on 26/04/2017 The previous notice was dated 24/04/2017 2. 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 relation to change securities affected affected
See Annexure A

3. 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 Print Name PAUL PALUMBO Capacity Portfolio Manager Sign Here Date 16/10/2017

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Annexure A

24-Apr-2017 to 13-Oct-2017

EntityDate Of Change31/05/2017Acorn Capital Ltd17/07/2017Acorn Capital Ltd26/09/2017Acorn Capital Ltd28/09/2017Acorn Capital Ltd29/09/2017Acorn Capital Ltd04/10/2017Acorn Capital Ltd05/10/2017Acorn Capital Ltd10/10/2017Acorn Capital Ltd11/10/2017Acorn Capital Ltd13/10/2017Acorn Capital Ltd QuantityConsiderationType of Transaction$21,430.08237,323Purchase-$13,530.09-150,000Sale-$9,489.55-100,000Sale-$29,696.13-342,498Sale-$2,606.15-29,414Sale-$53,412.12-629,070Sale-$42,453.24-500,000Sale-$18,717.57-228,236Sale-$16,507.08-200,793Sale-$1,696,002.74-22,688,241Sale Quantity

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