CAPRICORN METALS LTD — Major Shareholding Notification 2017

May 4, 2017

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme CAPRICORN METALS LTD ACN/ARSN 121 700 105 1. Details of substantial holder(1)

Name NEDLANDS NOMINEES PTY LTD ACN/ARSN (if applicable) 141 158 321 The holder ceased to be a 05/05/2017 substantial holder on The previous notice was given to 10/05/2016 the company on The previous notice was dated 10/05/2016

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 are as follows:

Date of change	Person whose	Nature of change (4)	Nature of change (4)	Consideration given in	Class (6) and number	Person’s votes
	relevant interest			relation to change (5)	of securities affected	affected
	changed
05/05/2017	NEDLANDS	DILUTION FROM SHARE		N/A	ORD 28,536,277	25,536,277
	NOMINEES PTY	ISSUE
	LTD
3. 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:
	Name and ACN/ARSN(if applicable)		Nature of association
4. Addresses
The addresses of persons named in this form are:
	Name		Address
	NEDLANDS NOMINEES PTY LTD		PO BOX 293,NEDLANDS WA

	Name		Address
	NEDLANDS NOMINEES PTY LTD		PO BOX 293,NEDLANDS WA
Signature	print name	Heath Hellewell		Capacity: Self
	sign here
				date 05 / 05 / 2017