CORE LITHIUM LTD — Major Shareholding Notification 2011

Jun 28, 2011

page 1/2

604

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	Core Exploration Limited
ACNIARSN	146 287 809
1. Details of substantial holder(1)
Name ACN/ARSN (if applicable)	Stephen Biggins
There was a change in the interests of the substantial holder on	22/06/11 to 27/06/11
The previous notice was given to the company ĐĤ.	11/02/2011
The previous notice was dated	11/02/2011
the company of the second company of the company of the company of the company of the company of the company of

2. Previous and present 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 when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows.

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power
Ordinary shares	5,725,000	13.BD%	5.791.000	13.95%

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 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 relevant interest changed -	Nature of -change (6)	Consideration given in relation to. change $(7)$	Class and number of securities affected	Person's votes affected
22/06/11	Stephen Biggins	On-market purchase	\$3,982	26.000	26.000
27/06/11	Stephen Biggins	On-market purchase	56.450	40,000	40.000

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities at a strategic and	Person entitled to be registered as holder (8)	Nature of relevant interest 16)	Class and number of securities	Ferson's votes
Stephen Biggins	Nowak investments Ptv Ltd	Nowak Investments Ptv Lld:	Director of and beneficial interest in Nowak. Investments Pty Ltd	5.791.000	13.95%

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$\frac{1}{2}$

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						604	page 2/2	15. July 2001
	5. Changes in association
			holder in relation to voting interests in the company or scheme are as follows:	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
			Name and ACN/ARSN (if applicable)
		Not applicable		Nature of association
	6 Addresses
		The addresses of persons named in this form are:
		Name		Address
		Stephen Biggins		PO Box 3111 North Adelaide SA 5006
	Signature
		print name	Stephen Biggins			capacity	Director
		sign here			date	29 / 06 / 2011
				DIRECTIONS
				(1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons
				are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.
(2)				See the definition of "associate" in section 9 of the Corporations Act 2001.
(3)				See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
44)				The voting shares of a company constitute one class unless divided into separate classes.
(5)				The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
${G}$	Include details of
	(3) arrangement and			any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or
劧				any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).
				See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.
17X -				Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has; or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
				(8) If the substantial holder is unable to determine the identify of the person (eg. if the relevant interest anses because of an option) write "unknown".
49) -				Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.