CHALICE MINING LIMITED — Major Shareholding Notification 2020

Sep 27, 2020

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To Company Name/Scheme Chalice Gold Mines Ltd (CHN)

ACN/ARSN 116 648 956

1. Details of substantial holder (1)

Name Regal Funds Management Pty Ltd (RFM)

ACN/ARSN (if applicable) 107 576 821

The holder became a substantial holder on 24/09/2020

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)
ORDINARY	15,593,969	15,593,969	5.07%

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:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
REGAL FUNDS MANAGEMENT PTY LIMITED	REGAL FUNDS MANAGEMENT PTY LIMITED HAS A RELEVANT INTEREST IN ITS CAPACITY AS INVESTMENT MANAGER AND/OR TRUSTEE	15,593,969 ORDINARY

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above 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
CREDIT SUISSE AG	CS THIRD NOMINEES PTY LIMITED	CREDIT SUISSE AG	HOLDER OF SHARES	6,588,661 ORDINARY	6,588,661
MORGAN STANLEY & CO INTL PLC	HSBC CUSTODY NOMINEES	MORGAN STANLEY & CO INTL PLC	HOLDER OF SHARES	263,632 ORDINARY	263,632
MERRILL LYNCH INTERNATIONAL LIMITED	CS THIRD NOMINEES PTY LIMITED	MERRILL LYNCH (AUS) NOMINEES PTY LTD	HOLDER OF SHARES	4,059,860 ORDINARY	4,059,860
UBS AG, AUSTRALIA BRANCH	UBS NOMINEES PTY LTD	UBS AG, AUSTRALIA BRANCH	HOLDER OF SHARES	4,681,816 ORDINARY	4,681,816

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:
Holder of relevant interest Date of acquisition			Consideration (9)	Class and number of securities
REGAL FUNDS MANAGEMENT PTY LTD 29/05/2020 - 24/09/2020			$ 0.90 - $ 2.52 p/share	7,074,455 ORDINARY
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
NOT APPLICABLE
7. Addresses
The addresses of persons named in this form are as follows:
Name			Address
PHILIP KING		LEVEL 47 GATEWAY 1 MACQUARIE PLACE SYDNEY NSW
			2000
Signature
print name	PhilipKing		capacity	Director
sign here			date	28/09/2020