CHALICE MINING LIMITED — Major Shareholding Notification 2021

Mar 24, 2021

Form 605

Corporations Act Section 671B

Notice of ceasing to be a substantial holder

To: Company Name/Scheme CHALICE MINING LIMITED

ACN/ ~~ARSN~~

116 648 956

1. Details of substantial holder (1)

Name

Bank of America Corporation and its related bodies corporate (See Appendix C)

ACN/ARSN (if applicable):

The holder ceased to be a substantial shareholder on

The previous notice was given to the company on

The previous notice was dated

22 March 2021 22 March 2021 18 March 2021

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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 Person whose Nature of Change (4) Consideration Class (6) and Person’s votes change relevant interest given in relation Number of affected changed to change (5) securities affected See Appendix A

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) 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 N/A N/A

4. Addresses

The addresses of persons named in this form are as follows:

Name	Addresses
Bank of America Corporation	100 North Tryon Street, Charlotte, North Carolina, 28255, USA
Merrill Lynch (Australia) Futures Limited	Level 34, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000, Australia
Merrill Lynch Markets (Australia) Pty. Limited	Level 34, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000,Australia
Merrill Lynch International	2 King Edward Street, London, England, EC1A 1HQ, United Kingdom

SIGNATURE

Print Name: Sign Here:	Kelvin Kwok Capacity: Authorised signatory
	Date: 24 March 2021

Appendix A

Appendix	A
Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration (5)	Class (6) of securities	Securities affected	Person's votes affected	Remark
03/19/2021	Merrill Lynch Markets (Australia)Pty. Limited	Securitiesreturned	N/A	Ordinary	(131,974)	(131,974)	RefertoApp. B
03/19/2021	Merrill Lynch Markets (Australia)Pty. Limited	Securitiesreturned	N/A	Ordinary	(23,959)	(23,959)	RefertoApp. B
03/19/2021	Merrill Lynch International	Securitiesreturned	N/A	Ordinary	(5,053,601)	(5,053,601)	RefertoApp. B
03/19/2021	Merrill Lynch International	Securities returned	N/A	Ordinary	(2,371,162)	(2,371,162)	Refer to App. B
03/19/2021	Merrill Lynch International	Securities borrowed	N/A	Ordinary	7,424,763	7,424,763	RefertoApp. B
03/19/2021	Merrill Lynch International	Securitiesreturned	N/A	Ordinary	(70,249)	(70,249)	RefertoApp. B
03/19/2021	Merrill Lynch International	Securitiesreturned	N/A	Ordinary	(7,299,763)	(7,299,763)	RefertoApp. B
03/19/2021	Merrill Lynch International	SELL	(198)	Ordinary	(41)	(41)	N/A
03/19/2021	Merrill Lynch International	SELL	(24)	Ordinary	(5)	(5)	N/A
03/19/2021	Merrill Lynch International	SELL	(106)	Ordinary	(22)	(22)	N/A
03/19/2021	Merrill Lynch International	SELL	(1,976)	Ordinary	(410)	(410)	N/A
03/19/2021	Merrill Lynch International	SELL	(198)	Ordinary	(41)	(41)	N/A
03/19/2021	Merrill Lynch International	SELL	(198)	Ordinary	(41)	(41)	N/A
03/19/2021	Merrill Lynch International	SELL	(3,376)	Ordinary	(699)	(699)	N/A
03/19/2021	Merrill Lynch International	SELL	(34)	Ordinary	(7)	(7)	N/A
03/19/2021	Merrill Lynch International	SELL	(44)	Ordinary	(9)	(9)	N/A
03/19/2021	Merrill Lynch International	SELL	(6,258)	Ordinary	(1,285)	(1,285)	N/A
03/19/2021	Merrill Lynch International	SELL	(757)	Ordinary	(156)	(156)	N/A
03/19/2021	Merrill Lynch International	SELL	(297)	Ordinary	(61)	(61)	N/A
03/19/2021	Merrill Lynch International	SELL	(34)	Ordinary	(7)	(7)	N/A
03/19/2021	Merrill Lynch International	SELL	(5)	Ordinary	(1)	(1)	N/A
03/19/2021	Merrill Lynch International	SELL	(292)	Ordinary	(60)	(60)	N/A
03/19/2021	Merrill Lynch International	SELL	(6,681)	Ordinary	(1,386)	(1,386)	N/A
03/19/2021	Merrill Lynch International	SELL	(1,542)	Ordinary	(320)	(320)	N/A
03/19/2021	Merrill Lynch International	SELL	(4,231)	Ordinary	(876)	(876)	N/A
03/19/2021	Merrill Lynch International	SELL	(4,648)	Ordinary	(937)	(937)	N/A
03/19/2021	Merrill Lynch International	SELL	(1,448)	Ordinary	(292)	(292)	N/A
03/19/2021	Merrill Lynch International	SELL	(10)	Ordinary	(2)	(2)	N/A
03/19/2021	Merrill Lynch International	SELL	(2,984)	Ordinary	(604)	(604)	N/A
03/19/2021	Merrill Lynch International	SELL	(5)	Ordinary	(1)	(1)	N/A
03/19/2021	Merrill Lynch International	SELL	(5,197)	Ordinary	(1,052)	(1,052)	N/A
03/19/2021	Merrill Lynch International	SELL	(728)	Ordinary	(147)	(147)	N/A

Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration (5)	Class (6) of securities	Securities affected	Person's votes affected	Remark
03/19/2021	Merrill Lynch International	SELL	(619)	Ordinary	(125)	(125)	N/A
03/19/2021	Merrill Lynch International	SELL	(7,657)	Ordinary	(1,550)	(1,550)	N/A
03/19/2021	Merrill Lynch International	SELL	(1,151)	Ordinary	(232)	(232)	N/A
03/19/2021	Merrill Lynch International	SELL	(7,430)	Ordinary	(1,498)	(1,498)	N/A
03/19/2021	Merrill Lynch International	SELL	(1,334)	Ordinary	(270)	(270)	N/A
03/19/2021	Merrill Lynch International	SELL	(7,509)	Ordinary	(1,520)	(1,520)	N/A
03/19/2021	Merrill Lynch International	SELL	(1,141)	Ordinary	(231)	(231)	N/A
03/19/2021	Merrill Lynch International	SELL	(158)	Ordinary	(32)	(32)	N/A
03/19/2021	Merrill Lynch International	SELL	(3,812)	Ordinary	(770)	(770)	N/A
03/19/2021	Merrill Lynch International	SELL	(1,257)	Ordinary	(254)	(254)	N/A
03/19/2021	Merrill Lynch International	SELL	(1,134)	Ordinary	(230)	(230)	N/A
03/19/2021	Merrill Lynch International	SELL	(5,073)	Ordinary	(1,031)	(1,031)	N/A
03/19/2021	Merrill Lynch International	SELL	(1,371)	Ordinary	(278)	(278)	N/A
03/19/2021	Merrill Lynch International	SELL	(4,444)	Ordinary	(907)	(907)	N/A
03/19/2021	Merrill Lynch International	SELL	(40)	Ordinary	(8)	(8)	N/A
03/19/2021	Merrill Lynch International	SELL	(89)	Ordinary	(18)	(18)	N/A
03/19/2021	Merrill Lynch International	SELL	(1,912)	Ordinary	(387)	(387)	N/A
03/19/2021	Merrill Lynch International	SELL	(2,455)	Ordinary	(500)	(500)	N/A
03/19/2021	Merrill Lynch International	SELL	(6,882)	Ordinary	(1,396)	(1,396)	N/A
03/19/2021	Merrill Lynch International	SELL	(528)	Ordinary	(107)	(107)	N/A
03/19/2021	Merrill Lynch International	SELL	(2,327)	Ordinary	(471)	(471)	N/A
03/19/2021	Merrill Lynch International	SELL	(3,707)	Ordinary	(752)	(752)	N/A
03/19/2021	Merrill Lynch International	SELL	(2,332)	Ordinary	(473)	(473)	N/A
03/19/2021	Merrill Lynch International	SELL	(2,735)	Ordinary	(557)	(557)	N/A
03/19/2021	Merrill Lynch International	SELL	(197)	Ordinary	(40)	(40)	N/A
03/19/2021	Merrill Lynch International	SELL	(626)	Ordinary	(127)	(127)	N/A
03/19/2021	Merrill Lynch International	SELL	(320)	Ordinary	(65)	(65)	N/A
03/19/2021	Merrill Lynch International	SELL	(39)	Ordinary	(8)	(8)	N/A
03/19/2021	Merrill Lynch International	SELL	(825)	Ordinary	(167)	(167)	N/A
03/19/2021	Merrill Lynch International	SELL	(1,615)	Ordinary	(327)	(327)	N/A
03/19/2021	Merrill Lynch International	SELL	(1,838)	Ordinary	(375)	(375)	N/A
03/19/2021	Merrill Lynch International	SELL	(6,800)	Ordinary	(1,385)	(1,385)	N/A
03/19/2021	Merrill Lynch International	SELL	(2,655)	Ordinary	(543)	(543)	N/A
03/19/2021	Merrill Lynch International	SELL	(2,386)	Ordinary	(484)	(484)	N/A

Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration (5)	Class (6) of securities	Securities affected	Person's votes affected	Remark
03/19/2021	Merrill Lynch International	SELL	(2,465)	Ordinary	(500)	(500)	N/A
03/19/2021	Merrill Lynch International	SELL	(306)	Ordinary	(62)	(62)	N/A
03/19/2021	Merrill Lynch International	SELL	(6,429)	Ordinary	(1,304)	(1,304)	N/A
03/19/2021	Merrill Lynch International	SELL	(764)	Ordinary	(155)	(155)	N/A
03/19/2021	Merrill Lynch International	SELL	(133)	Ordinary	(27)	(27)	N/A
03/19/2021	Merrill Lynch International	SELL	(2,815)	Ordinary	(571)	(571)	N/A
03/19/2021	Merrill Lynch International	SELL	(2,189)	Ordinary	(444)	(444)	N/A
03/19/2021	Merrill Lynch International	SELL	(5,748)	Ordinary	(1,166)	(1,166)	N/A
03/19/2021	Merrill Lynch International	SELL	(4,797)	Ordinary	(977)	(977)	N/A
03/19/2021	Merrill Lynch International	SELL	(7,012)	Ordinary	(1,434)	(1,434)	N/A
03/19/2021	Merrill Lynch International	SELL	(1,824)	Ordinary	(373)	(373)	N/A
03/19/2021	Merrill Lynch International	SELL	(1,784)	Ordinary	(364)	(364)	N/A
03/19/2021	Merrill Lynch International	SELL	(240)	Ordinary	(49)	(49)	N/A
03/19/2021	Merrill Lynch International	SELL	(1,278)	Ordinary	(264)	(264)	N/A
03/19/2021	Merrill Lynch International	SELL	(3,709)	Ordinary	(768)	(768)	N/A
03/19/2021	Merrill Lynch International	SELL	(2,429)	Ordinary	(504)	(504)	N/A
03/19/2021	Merrill Lynch International	SELL	(3,210)	Ordinary	(666)	(666)	N/A
03/19/2021	Merrill Lynch International	SELL	(24)	Ordinary	(5)	(5)	N/A
03/19/2021	Merrill Lynch International	SELL	(240)	Ordinary	(49)	(49)	N/A
03/19/2021	Merrill Lynch International	SELL	(58)	Ordinary	(12)	(12)	N/A
03/19/2021	Merrill Lynch International	SELL	(5,312)	Ordinary	(1,093)	(1,093)	N/A
03/19/2021	Merrill Lynch International	SELL	(117)	Ordinary	(24)	(24)	N/A
03/19/2021	Merrill Lynch International	SELL	(302)	Ordinary	(62)	(62)	N/A
03/19/2021	Merrill Lynch International	SELL	(287)	Ordinary	(59)	(59)	N/A
03/19/2021	Merrill Lynch International	SELL	(6,567)	Ordinary	(1,354)	(1,354)	N/A
03/19/2021	Merrill Lynch(Australia)FuturesLimited	SELL	(150,200)	Ordinary	(31,521)	(31,521)	N/A
03/19/2021	Merrill Lynch(Australia)FuturesLimited	BUY	750,117	Ordinary	154,922	154,922	N/A
03/19/2021	Merrill Lynch (Australia) Futures Limited	BUY	7,285	Ordinary	1,499	1,499	N/A
03/19/2021	Merrill Lynch(Australia)FuturesLimited	BUY	347,546	Ordinary	71,797	71,797	N/A
03/19/2021	Merrill Lynch (Australia) Futures Limited	SELL	(389,900)	Ordinary	(81,740)	(81,740)	N/A
03/19/2021	Merrill Lynch International	BUY	30,056	Ordinary	6,301	6,301	N/A
03/22/2021	Merrill Lynch Markets (Australia)Pty. Limited	Securitiesreturned	N/A	Ordinary	(34,793)	(34,793)	RefertoApp. B
03/22/2021	Merrill Lynch(Australia)FuturesLimited	SELL	(105,392)	Ordinary	(21,939)	(21,939)	N/A
03/22/2021	Merrill Lynch International	BUY	29,894	Ordinary	6,267	6,267	N/A

Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration (5)	Class (6) of securities	Securities affected	Person's votes affected	Remark
03/22/2021	Merrill Lynch International	SELL	(29,894)	Ordinary	(6,267)	(6,267)	N/A

Appendix B-1: Prescribed information

Type of agreement	International Prime Brokerage Agreement
Parties to agreement	Merrill Lynch International, Merrill Lynch Markets (Australia) Pty Limited and Equity Trustees Limited As Trustee And Responsible Entity Of Regal Investment Fund
Holder of voting rights	Securities borrower. Securities lender may instruct the registered holder to vote on securities.
Are there any restrictions on voting rights?	No
If yes, detail	N/A
Scheduled return date (if any)	On recall of the securities loan by the securities lender.
Does the borrower have the right to return early?	Yes
If yes, detail	Securities borrower will have right to return assets at any time.
Does the lender have the right to recall early?	Yes
If yes, detail	Securities lender will have right to recall assets at any time.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	N/A

Appendix B-2: Prescribed information

Type of agreement	International Prime Brokerage Agreement
Parties to agreement	Merrill Lynch International and Integrated Core Strategies (Asia)
Holder of voting rights	Securities borrower. Securities lender may instruct the registered holder to vote on securities.
Are there any restrictions on voting rights?	No
If yes, detail	N/A
Scheduled return date (if any)	On recall of the securities loan by the securities lender.
Does the borrower have the right to return early?	Yes
If yes, detail	Securities borrower will have right to return assets at any time.
Does the lender have the right to recall early?	Yes
If yes, detail	Securities lender will have right to recall assets at any time.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	N/A

Appendix B-3: Prescribed information

Type of agreement	International Prime Brokerage Agreement
Parties to agreement	Merrill Lynch International, Merrill Lynch Markets (Australia) Pty Limited and Polymer Asia Fund LP
Holder of voting rights	Securities borrower. Securities lender may instruct the registered holder to vote on securities.
Are there any restrictions on voting rights?	No
If yes, detail	N/A
Scheduled return date (if any)	On recall of the securities loan by the securities lender.
Does the borrower have the right to return early?	Yes
If yes, detail	Securities borrower will have right to return assets at any time.
Does the lender have the right to recall early?	Yes
If yes, detail	Securities lender will have right to recall assets at any time.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	N/A

Appendix B-4: Prescribed information

Type of agreement	International Prime Brokerage Agreement
Parties to agreement	Merrill Lynch International, Merrill Lynch Markets (Australia) Pty Limited and Regal Funds Management Pty Limited as Trustee of Tasman Market Neutral Fund
Holder of voting rights	Securities borrower. Securities lender may instruct the registered holder to vote on securities.
Are there any restrictions on voting rights?	No
If yes, detail	N/A
Scheduled return date (if any)	On recall of the securities loan by the securities lender.
Does the borrower have the right to return early?	Yes
If yes, detail	Securities borrower will have right to return assets at any time.
Does the lender have the right to recall early?	Yes
If yes, detail	Securities lender will have right to recall assets at any time.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	N/A

Appendix B-5: Prescribed information

Type of agreement	International Prime Brokerage Agreement
Parties to agreement	Merrill Lynch International, Merrill Lynch Markets (Australia) Pty Limited and Regal Funds Management Pty Limited as Trustee of Regal Australian Long Short Equity Fund
Holder of voting rights	Securities borrower. Securities lender may instruct the registered holder to vote on securities.
Are there any restrictions on voting rights?	No
If yes, detail	N/A
Scheduled return date (if any)	On recall of the securities loan by the securities lender.
Does the borrower have the right to return early?	Yes
If yes, detail	Securities borrower will have right to return assets at any time.
Does the lender have the right to recall early?	Yes
If yes, detail	Securities lender will have right to recall assets at any time.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	N/A

Appendix B-6: Prescribed information

Type of agreement	International Prime Brokerage Agreement
Parties to agreement	Merrill Lynch International, Merrill Lynch Markets (Australia) Pty Limited and Regal Funds Management Pty Limited as Trustee of Atlantic Absolute Return Fund
Holder of voting rights	Securities borrower. Securities lender may instruct the registered holder to vote on securities.
Are there any restrictions on voting rights?	No
If yes, detail	N/A
Scheduled return date (if any)	On recall of the securities loan by the securities lender.
Does the borrower have the right to return early?	Yes
If yes, detail	Securities borrower will have right to return assets at any time.
Does the lender have the right to recall early?	Yes
If yes, detail	Securities lender will have right to recall assets at any time.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	N/A

Appendix B-7: Prescribed information

Type of agreement	International Prime Brokerage Agreement
Parties to agreement	Merrill Lynch International and Regal Funds Management Pty Limited As Trustee For Regal Tactical Opportunities Fund
Holder of voting rights	Securities borrower. Securities lender may instruct the registered holder to vote on securities.
Are there any restrictions on voting rights?	No
If yes, detail	N/A
Scheduled return date (if any)	On recall of the securities loan by the securities lender.
Does the borrower have the right to return early?	Yes
If yes, detail	Securities borrower will have right to return assets at any time.
Does the lender have the right to recall early?	Yes
If yes, detail	Securities lender will have right to recall assets at any time.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	N/A

Appendix B-8: Prescribed information

Type of agreement	International Prime Brokerage Agreement
Parties to agreement	Merrill Lynch International, Merrill Lynch Markets (Australia) Pty Limited and Susquehanna Pacific Pty Ltd
Holder of voting rights	Securities borrower. Securities lender may instruct the registered holder to vote on securities.
Are there any restrictions on voting rights?	No
If yes, detail	N/A
Scheduled return date (if any)	On recall of the securities loan by the securities lender.
Does the borrower have the right to return early?	Yes
If yes, detail	Securities borrower will have right to return assets at any time.
Does the lender have the right to recall early?	Yes
If yes, detail	Securities lender will have right to recall assets at any time.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	N/A

Appendix C

Related bodies corporate	Incorporated	ACN/Registration/Incorporation Number
Merrill Lynch International	UnitedKingdom	2312079
ML UK Capital Holdings Limited	United Kingdom	4971231
BofAML EMEA Holdings 2 Limited	United States	119605
Merrill Lynch (Australia) Futures Limited	Australia	003639674
Merrill Lynch International (Australia) Ltd	Australia	002892846
Merrill Lynch Markets (Australia)Pty. Limited	Australia	075587816
Merrill Lynch (Australasia) Pty. Ltd	Australia	075923894
Bankof America Global Holdings,LLC	United States	5169939
BofAML Jersey Holdings Limited	Jersey	115831
NB Holdings Corporation	United States	2361372
Bank of America Corporation	United States	N/A628