Celsius Resources Limited — Major Shareholding Notification 2019

Sep 15, 2019

DBA Accountants

No. 9136 Р. $\overline{1}$

604 page 1/5 15 July 2001

Form604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder
To Company Name/Scheme	Celsius Resources Ltd
ACN/ARSN
1. Details of substantial holder(1)
Name	Andrew Graham Palleson
ACN/ARSN (if applicable)
There was a change in the interests of the substantial holder on	16/09/2019
The previous notice was given to the company on	16/09/2019
The previous notice was dated	16/09/2019
2 Previous and present voting power

The lotal 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) Inwhen last required, and when now r

Classof securities(4)	Previous notice		Present notice
	Person's votes	Voling power (5)	Person's votes i	Volingpower(5)
Fully paid ordinary shares	78.154.876	10.32%	97,925,775	12.93%

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 voltgescurities of the company or scheme, since the substantial holderwas last required togive asubstantial holding notice to the companyonscheme areas follows:

Date of change	Personwhose relevant Interest changed	Nature of change (6)	_ Consideration given inrelation tochange(7)	Class and number of securities affected	Person's votes alfected
16/09/2019	See Annexure 2	Decome associate of lassociation of like- minded holders acting in koncert.	N/A	19,770,899	2.61%

4. Present relevant Interests

Particularsof each relevant interest of the substantial holder invoting securitiesafter the changeareas follows:

Hoder σÎ 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
Each entity mdividually (Annexure 1)	Annexure 1	Annexure 1	Association of like-minded 97,925,775 holders acting in concert		12.93%

page 2/00 5 July 2001

4 Changes In association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association(B) the substantial holder in relation to voting interests in the companyors chemeareas follows:

Name and ACNAPSN (if applicable)	. Nature of association
	[Association of like-minded holders acting in concert (Annexure 2)

A. Achimeter

The addresses of persons named in this formareas follows:

. Nama	Address
Andrew Groham Palleson	18 Rawson Road, Berowra SYDNEY NSW 2081
	the company of the company of the company and company of the company of the company of the company of the company of the company of the company of the company of the company of the company of the company of the company of	[المستخدمة المستخدمة المستخدمة المستخدمة المستخدمة المستخدمة المستخدمة المستخدمة المستخدمة المستخدمة المستخدمة المستخدمة
---------------------------------------		_________

Signature

print name ANDREW GRAHAIN MESON capacity Group Constitution

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related constitute, or the manager and trustee of an đ equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are enatelly shritar, they may be referred to throughout the formas a specifically narred group if the membership of each group, with the narres and addresses of members lastly set out in paragraph 8 of the form.
• See the definition of "associate" in section 9 of the Corporations Act 2001. ₽
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
• The voting shares of acompany constitute one class unless divided into separate classes.
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• Includedatailsof:
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection(37 applies, a copy of any document setting out the terms of any relevant agreement, and astatement by the person giving full and accurate details of accorded scheme or arrangement, must accompany this form, together with a writtenslatement cartifying this contract, schemeor arrangement, and
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting para or disposal of the securities to b which therelevant interest relates (indicating clearly the particulars ecurities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of theCorporations Act 2001.

Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant industrie adquired has, or may, become T entitled to receive in relation to that acquisition. Cetailarust be included even if the benefit is conditional on the happens not of a contingency. Detailarust be included of any benefit patt on behalf of the substantial holder or its associate in relation to the acquisitions, even if they not paid directly to the person from whom the relevant interest was acquired.

If the substantial holder is unable to determine the identity of the person (eg. If the relevant interest arises because obption) write "unknown".

Give details, if appropriate, of the present association and any change in that association since the last substantial hgldotice.

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Annexure 1	No. of Shares
1 ALARP SERVICES PTY LTD	3,500,000
2 Andrew Graham Palleson and Hui Palleson (Palleson Superfund A/C)	12,341,000
3 Ashwini Nikhll Shende	788,714
4 Beverley Joy Halfhide	180,933
S BRENJE DISCRETIONARY TRUST	500,000
6 C&D Coughlan Super A/C	200,000
7 Charles Malcolm Baird	590,000
8 CRYPTIC DEPOSITS PTY LTD (Cryptic Superfund A/C)	1,252,380
9 Daniel Gelberg	1,094,848
10 Darcy James Johnson	182,266
11 Gary Robert Marshall	4,286,817
12 Gerard Peter Bates	500,000
13 Gregory George Davis	2,040,933
14 GUARINO HOLDING PTY LTD	300,000
15 Henry Anthony Chripps	325,000
16 JEMINDUSTRIES SUPER PTY LTD (JSMINDUSTRIES Super S/F A/C)	1,600,000
17 Kaye Ellen Crole	20,000
18 Kevin Dinh	249,500
19 KHA PTY LTD (Lingo Family A/C)	4,054,000
20 KOZLOWSKI NOMINESS PTY LTD (KOZLOWSKI S/F/N)	994,281
21 Larissa Nicole Brady	500,000
22 Levi Yeung	3,370,000
23 Levon Johnson	375,000
24 LOCKSMITH TRADER PTY LTD	540,000
25 Lukasz Krawczynski	100,000
26 Lukasz Krawczynski & Ms Zhe Zhou	203,000
27 Lynne Angela Jones	313,978
28 Marisa Ley-Kheng Tan	705,226
29 Marley Hayward	99,000
30 Martin Francis O'Donnell	140,000
31 Mathew Steven Fordham	117,549
32 MAYWELL PTY LTD (The Lurie SMSF)	700,000 400,000
33 MAYWELL PTY LTD (The Lurie SMSF)	1,032,000
34 MBEMY PTY LTD (MEMY Superfund A/C)
35 Michael Ross Latham	312,990 312,650
36 Monica Savage	1,935,433
37 Mr Aaron Heath Thamm	1,047,696
38 Mr Christopher Flood	1,000,000
39 Mr Daniel Peter Washburn	9,500,000
40 Mr Jahln Geoffery Mullane 41 Mr John Stuart McGowan	1,400,000
42 Mr Kurt Josef Lingohr and Mrs Lucy Lingohr (Lingo Superfund A/C)	1,930,298
43 Mr Liam Owen Daley	1,190,260
44 Mr Mathew Benjamin Emy	1,986,790
	186,000
45 Mr Nicholas Epstein

This is Annexure 1 of 2 page referred to in Form 604 Notice of change of interests of substantial holder

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DBA Accountants

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No. 9136 P. 4 Acp

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Annexure 1	No. of Shares
46 Mr Nicholas Graetz	838,000
47 Mr Paul Joseph Coombe	1,730,100
48 Mr Paul Venda Divin	3,692,096
49 Mr Peter Paul Kozłowski	1,249,796
50 Mr Peter Vidotto	1,020,000
S1 Mr Robert David Lurie (The RDL A/C)	4,134,500
52 Mr Simon Guarino	800,000
53 Mr Steven Paul Loveless	5,100,000
54 Mr Warren John Qulnn	4,327,885
55 Mrs Natalle McPherson	4,000,000
56 Mrs Robyn Esmae Schofield	350,000
57 Nathan Moffat	795,550
58 Patrick James North	540,000
59 PAUL HAYWARD INVESTMENTS PTY LTD (Hayward SF A/C)	1,000,000
60 Poul Venda Divin	150,001
61 Philip Clive Jones + Lynne Angela Shearer	635,000
62. BL3 Pty ATF Home Free Super Fund	129.941
63 Scott Johnson	300,000
64 Scott Johnson (Oliver Johnson A/C)	250,000
65 Sekhon Family Super Fund A/C	200,000
66 Shane Irwin	460,000
67 Simon Christopher Wood	672,792
68 Toocoug Pty Ltd	773,865
69 Trevor George Morrin	377,707
	97,925,775

This is Annexure 1 of 2 page referred to In Form 604 Notice of change of interests of substantial holder

Andrew Graham Palleson

A G Palles

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No. 9136 P. 5 Aep.

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Annexure 2	No. of Shares
1 Beverley Joy Halfhide	180,933
2 C&D Coughlan Super A/C	200,000
3 Charles Malcolm Baird	590,000
4 Daniel Gelberg	1,094,848
5 Darcy James Johnson	182,266
G Gerard Peter Bates	500,000
7 Gregory George Davis	2,040,933
B. Henry Anthony Chripps	325,000
9 Kaye Ellen Crole	20,000
10 Kevin Dinh	249,500
11 Larissa Nicole Brady	500,000
12 Levi Yeung	3,370,000
19 Levon Johnson	375,000
14. Lukász Krawczynski	100,000
15 Tukasz Krawczynski & Ms Zhe Zhou	203,000
16 Lynne Angela Jones 17 Marisa Ley-Kheng Tan	313,978 705,226
18 Marley Hayward	99,000
19 Martin Francis O'Donnell	140,000
20 Mathew Steven Fordham	117,549
21 Michael Ross Latham	312,990
22. Monica Savage	312,650
23 Mr Jabln Geoffery Mullane	1,500,000
24 Mr Llam Owen Daley	690,260
25 Mr Nicholas Epstein	186,000
26 Mrs Robyn Esmae Schofield	350,000
27 Nathan Moffat	795,550
28 Patrick James North	540,000
29 Paul Venda Divin	150,001
30 Philip Clive Jones + Lynne Angela Shearer <demeini< td="">	635,000	635,000
31 RL3 Pty ATF Home Free Super Fund	129,941
32 Scott Johnson	300,000
33 Scott Johnson (Oliver Johnson A/C)	250,000
34 Sekhon Family Super Fund A/C	200,000
35 Shane Irwin	460,000
36 Simon Christopher Wood	672,792
37 Toocoug Ply Ltd	773,865
3B Trevor George Morrin	377,707
	19,943,989

This is Annexure 2 of 1 page referred to In Form 604 Notice of change of Interests of substantial holder

Andrew Graham Palleson

Signature

Dote 16.9. 2019. Andrew Graham Palleson