CRITICAL RESOURCES LIMITED — Major Shareholding Notification 2016

Jul 21, 2016

21 July 2016

ASX Market Announcements Office Australian Securities Exchange Level 40, Central Park 152-158 St Georges Terrace PERTH WA 6000

Dear Sir/Madam

Substantial Holding Notices for Sovereign Gold Company Limited ACN 145 184 667 (Company )

Patrick Glovac, Murdoch Capital Pty Ltd and Kcirtap Securities Pty Ltd refer to the orders made by the Takeovers Panel on 18 July 2016 (TP16/51) ( Orders ) in respect of a finding of association between Patrick Glovac, Rocco Tassone, Charles Thomas and Applabs Technologies Limited ( Associated Parties ).

In compliance with paragraph 9 of the Orders, please find enclosed the following substantial holder notices relating to historical acquisitions and disposals of shares in the Company:

• (a) a notice of initial substantial holder relating to the Associated Parties obtaining a substantial holding in the Company of 8.66% on 10 July 2015;

• (b) a notice of ceasing to be a substantial holder relating to the Associated Parties ceasing to have a substantial holding in the Company on 8 September 2015;

• (c) a notice of initial substantial holder relating to the Associated Parties obtaining a substantial holding in the Company of 6.33% on 3 December 2015; and

• (d) a notice of change of interests of substantial holder relating to the Associated Parties increasing their substantial holding in the Company to the current level of 21.08%.

Furthermore, please find enclosed a share transfer form dated 7 December 2015, which contains the details of Murdoch Capital Pty Ltd’s off -market acquisition of 12,166,667 shares in the Company from Hudson Resources Limited.

Yours faithfully

==> picture [69 x 39] intentionally omitted <==

Patrick Glovac

FORM 603

Notice of initial substantial holder

Corporations Act 2001 Section 671B

To Company Name/Scheme Sovereign Gold Company Limited ( SOC )

ACN/ARSN 145 184 667

1. Details of substantial holder (1)

Name Patrick Glovac ACN/ARSN (if applicable) N/A

The holder became a substantial holder on 10/07/2015

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 are as follows:

Class of securities (4)	Number of securities	Person’s votes (5)	Voting Power (6)
Ordinary shares	82,500,000	82,500,000	8.66%

3. Details of relevant interests

The nature of the relevant interest or the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder as follows:

Holder of relevant interest	Nature of relevant(7)	Class and number of securities
Patrick Glovac	Patrick Glovac controls Murdoch Capital Pty Ltd	Ordinary shares 42,500,000
Murdoch Capital Pty Ltd (Murdoch)	Registered holder of shares acquired under a rights issue	Ordinary shares 42,500,000
Applabs Technologies Ltd (Applabs)	Registered holder of shares acquired under a rights issue	Ordinary shares 40,000,000

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 a holder	Class and number of securities
� Patrick Glovac � Murdoch	Murdoch	Murdoch	Ordinary shares 42,500,000
� Patrick Glovac � Applabs	Applabs	Applabs	Ordinary shares 40,000,000

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)	Consideration (9)	Class and number of securities
		Cash	Non-cash
Murdoch	10 July 2015	$85,000	-	42,500,000
Applabs	10 July 2015	$80,000	-	42,000,000

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
Murdoch	Patrick Glovac holds 100% of the issued capital in Murdoch.
Kcirtap Securities Pty Ltd (Kcirtap)	Patrick Glovac holds 100% of the issued capital in Kcirtap.
Applabs	Applabs had an agreement, arrangement or understanding with Patrick Glovac, Rocco Tassone and Charles Thomas for the purpose of controlling or influencing the composition of the board of SOC and is associated under s 12(2)(b) of the Corporations Act. Alternatively, Applabs is acting in concert with Patrick Glovac, Rocco Tassone and CharlesThomas in relation to SOC’s affairs and is associated with them under s12(2)(c)of the Corporations Act.
Rocco Tassone	Patrick Glovac, Rocco Tassone and Charles Thomas had a shared goal of achieving control of the board of SOC, and an agreement, arrangement or understanding for the purpose of controlling or influencing the composition of the board of SOC and are associated under s 12(2)(b) of the Corporations Act. Alternatively, Patrick Glovac, Rocco Tassone and Charles Thomas are acting in concert in relation to SOC’s affairs and are associated under 12(2)(c) of the Corporations Act.
Syracuse Securities Pty Ltd (Syracuse)	Rocco Tassone holds 100% of the issued capital in Syracuse.
Charles Thomas	Patrick Glovac, Rocco Tassone and Charles Thomas had a shared goal of achieving control of the board of SOC, and an agreement, arrangement or understanding for the purpose of controlling or influencing the composition of the board of SOC and are associated under s 12(2)(b) of the Corporations Act. Alternatively, Patrick Glovac, Rocco Tassone and Charles Thomas are acting in concert in relation to SOC’s affairs and are associated under 12(2)(c) of the Corporations Act.
Mounts Bay Investments Pty Ltd (MBI)	Charles Thomas holds 100% of the issued capital in MBI.

7. Addresses

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

Name	Address
Patrick Glovac	81B Kintail Road, Applecross WA 6153
Murdoch	81B Kintail Road, Applecross WA 6153
Kcirtap	81B Kintail Road, Applecross WA 6153
Rocco Tassone	Suite 7, 234 Churchill Ave, Subiaco WA 6008
Syracuse	c/- DLC Accounting, Suite 6, 16 Main Street, Osborne Park WA 6017
Charles Thomas	c/- 3 Calver Place, City Beach WA 6015
MBI	c/- 3 Calver Place, City Beach WA 6015
Applabs	c/- Suite 7, 234 Churchill Avenue, Subiaco WA 6008

Signature

Mr Patrick Glovac

Mr Patrick Glovac Director Print name capacity Sign here date 22nd July 2016/ /

Directions

1. If there are a number of substantial holders with similar or related relevant interests (e.g. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be include 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 7 of the form.

2. Se e 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.

4. The voting shares of a company constitute one class unless divided into separate classes.

5. The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.

6. The person’s votes divided by the total votes in the body corpora te or scheme multiplied by 100.

7. Include details of:

8. a. any relevant agreement or other circumstances by which the relevant interest was acquired. 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 arrangement; and

9. b. 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).

10. See the definition of “relevant agreement” in section 9 of the Corporation s Act.

11. If the substantial holder is unable to determine the identity of the person (e.g. if the relevant interest arises because of an option) write “unknown”.

12. 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.

FORM 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme Sovereign Gold Company Limited ( SOC ) ACN/ARSN 145 184 667

1. Details of substantial holder (1)

Name Patrick Glovac ACN/ARSN (if applicable) N/A

The holder ceased to be a substantial holder on 08/09/2015 The previous notice was given to the 22/07/2016 company on 22/07/2016 The previous notice was dated

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 change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change(7)	Class and number of securities	Person’s votes affected
28 Jul 2015	Murdoch Capital Pty Ltd (Murdoch)	On-market disposal by Murdoch	$37,895.50	Ordinary shares 9,500,000	9,500,000
29 Jul 2015	Murdoch	On-market disposal by Murdoch	$1,994.50	Ordinary shares 500,000	500,000
03 Aug 2015	Murdoch	On-market disposal by Murdoch	$11,928.50	Ordinary shares 4,000,000	4,000,000
03 Aug 2015	Applabs Technologies Ltd (Applabs)	On-market disposal by Applabs	$13,351.50	Ordinary shares 4,500,000	4,500,000
04 Aug 2015	Murdoch	On-market disposal by Murdoch	$5,972.50	Ordinary shares 2,000,000	2,000,000
04 Aug 2015	Applabs	On-market disposal by Applabs	$26,018.00	Ordinary shares 8,724,995	8,724,995
05 Aug 2015	Applabs	On-market disposal by Applabs	$8,260.91	Ordinary shares 2,775,005	2,775,005

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change(7)	Class and number of securities	Person’s votes affected
14 Aug 2015	Murdoch	On-market disposal by Murdoch	$1,407.01	Ordinary shares 471,598	471,598
18 Aug 2015	Murdoch	On-market disposal by Murdoch	$2,473.32	Ordinary shares 829,000	829,000
19 Aug 2015	Murdoch	On-market disposal by Murdoch	$2,088.45	Ordinary shares 700,000	700,000
24 Aug 2015	Murdoch	On-market disposal by Murdoch	$238.88	Ordinary shares 80,065	80,065
03 Sept 2015	Murdoch	On-market disposal by Murdoch	$89.50	Ordinary shares 30,000	30,000
04 Sept 2015	Murdoch	On-market disposal by Murdoch	$596,70	Ordinary shares 200,000	200,000
8 Sept 2015	Murdoch	On-market disposal of 600,000 ordinary shares by Murdoch	$1,790.10	Ordinary shares 600,000	600,000

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
Murdoch	Patrick Glovac holds 100% of the issued capital in Murdoch.
Kcirtap Securities Pty Ltd (Kcirtap)	Patrick Glovac holds 100% of the issued capital in Kcirtap.
Applabs	Applabs had an agreement, arrangement or understanding with Patrick Glovac, Rocco Tassone and Charles Thomas for the purpose of controlling or influencing the composition of the board of SOC and is associated under s 12(2)(b) of the Corporations Act. Alternatively, Applabs is acting in concert with Patrick Glovac, Rocco Tassone and Charles Thomas in relation to SOC’s affairs and is associated with them under s12(2)(c)of the Corporations Act.
Rocco Tassone	Patrick Glovac, Rocco Tassone and Charles Thomas had a shared goal of achieving control of the board of SOC, and an agreement, arrangement or understanding for the purpose of controlling or influencing the composition of the board of SOC and are associated under s 12(2)(b) of the Corporations Act. Alternatively, Patrick Glovac, Rocco Tassone and Charles Thomas are acting in concert in relation to SOC’s affairs and are associated under 12(2)(c) of the Corporations Act.

Syracuse Securities Pty Ltd (Syracuse)	Rocco Tassone holds 100% of the issued capital in Syracuse.
Charles Thomas	Patrick Glovac, Rocco Tassone and Charles Thomas had a shared goal of achieving control of the board of SOC, and an agreement, arrangement or understanding for the purpose of controlling or influencing the composition of the board of SOC and are associated under s 12(2)(b) of the Corporations Act. Alternatively, Patrick Glovac, Rocco Tassone and Charles Thomas are acting in concert in relation to SOC’saffairs and are associated under 12(2)(c) of the Corporations Act.
Mounts Bay Investments Pty Ltd (MBI)	Charles Thomas holds 100% of the issued capital in MBI.

4. Addresses

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

Name	Address
Patrick Glovac	81B Kintail Road, Applecross WA 6153
Murdoch	81B Kintail Road, Applecross WA 6153
Kcirtap	81B Kintail Road, Applecross WA 6153
Rocco Tassone	Suite 7, 234 Churchill Ave, Subiaco WA 6008
Syracuse	c/- DLC Accounting, Suite 6, 16 Main Street, Osborne Park WA 6017
Charles Thomas	c/- 3 Calver Place, City Beach WA 6015
MBI	c/- 3 Calver Place, City Beach WA 6015
Applabs	c/- Suite 7, 234 Churchill Avenue, Subiaco WA 6008

Signature

Print name Sign here	capacity Mr Patrick Glovac Director
	date / / 22nd July 2016

DIRECTIONS

1. If there are a number of substantial holders with similar or related relevant interests (e.g. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be include 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. Se e the definition of “relevant interest” in sections 608 and 671B(7) of the Corporations Act 2001.

3. See the definition of “associate” in section 9 of the Corporations Act 2001.

4. Include details of:

5. a. any relevant agreement or other circumstances by which the relevant interest was acquired. 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 arrangement; and

6. b. 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.

1. 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.

2. The voting shares of a company constitute one class unless divided into separate classes.

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

FORM 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme Sovereign Gold Company Limited ( SOC )

ACN/ARSN 145 184 667

1. Details of substantial holder (1)

Name Patrick Glovac

ACN/ARSN (if applicable) N/A

The holder became a substantial holder on 03/12/2015

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 are as follows:

Class of securities (4)	Number of securities	Person’s votes (5)	Voting Power (6)
Ordinary shares	60,300,000	60,300,000	6.33%

3. Details of relevant interests

The nature of the relevant interest or the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder as follows:

Holder of relevant interest	Nature of relevant interest(7)	Class and number of securities
Kcirtap Securities Pty Ltd (Kcirtap)	Registered holder of shares acquired on-market	Ordinary shares 14,300,000
Applabs Technologies Ltd (Applabs)	Registered holder of shares acquired under a rights issue	Ordinary shares 46,000,000

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 a holder	Class and number of securities
Kcirtap	Kcirtap	Kcirtap	Ordinary shares 14,300,000
Applabs	Applabs	Applabs	Ordinary shares 46,000,000

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)	Consideration (9)	Class and number of securities
�		Cash	Non-cash
� Patrick Glovac � Kcirtap	03 December 2015	$43,371.90	-	Ordinary shares 14,300,000
� Patrick Glovac � Applabs	10 September 2015	$139,463.51	-	Ordinary shares 45,982,032
� Patrick Glovac � Applabs	27 November 2015	$54.49	-	Ordinary shares 17,968

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
Murdoch	Patrick Glovac holds 100% of the issued capital in Murdoch.
Kcirtap Securities Pty Ltd (Kcirtap)	Patrick Glovac holds 100% of the issued capital in Kcirtap.
Applabs	Applabs had an agreement, arrangement or understanding with Patrick Glovac, Rocco Tassone and Charles Thomas for the purpose of controlling or influencing the composition of the board of SOC and is associated under s 12(2)(b) of the Corporations Act. Alternatively, Applabs is acting in concert with Patrick Glovac, Rocco Tassone and Charles Thomas in relation to SOC’s affairs and is associated with them under s12(2)(c)of the Corporations Act.
Rocco Tassone	Patrick Glovac, Rocco Tassone and Charles Thomas had a shared goal of achieving control of the board of SOC, and an agreement, arrangement or understanding for the purpose of controlling or influencing the composition of the board of SOC and are associated under s 12(2)(b) of the Corporations Act. Alternatively, Patrick Glovac, Rocco Tassone and Charles Thomas are acting in concert in relation to SOC’s affairs and are associated under 12(2)(c) of the Corporations Act.
Syracuse Securities Pty Ltd (Syracuse)	Rocco Tassone holds 100% of the issued capital in Syracuse.
Charles Thomas	Patrick Glovac, Rocco Tassone and Charles Thomas had a shared goal of achieving control of the board of SOC, and an agreement, arrangement or understanding for the purpose of controlling or influencing the composition of the board of SOC and are associated under s 12(2)(b) of the Corporations Act. Alternatively, Patrick Glovac, Rocco Tassone and Charles Thomas are acting in concert in relation to SOC’saffairs and are associated under 12(2)(c) of the Corporations Act.
Mounts Bay Investments Pty Ltd (MBI)	Charles Thomas holds 100% of the issued capital in MBI.

7. Addresses

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

Name	Address
Patrick Glovac	81B Kintail Road, Applecross WA 6153
Murdoch	81B Kintail Road, Applecross WA 6153
Kcirtap	81B Kintail Road, Applecross WA 6153
Rocco Tassone	Suite 7, 234 Churchill Ave, Subiaco WA 6008
Syracuse	c/- DLC Accounting, Suite 6, 16 Main Street, Osborne Park WA 6017
Charles Thomas	c/- 3 Calver Place, City Beach WA 6015
MBI	c/- 3 Calver Place, City Beach WA 6015
Applabs	c/- Suite 7, 234 Churchill Avenue, Subiaco WA 6008

Signature

Mr Patrick Glovac

Director

	Mr Patrick Glovac Director
Print name Sign here	capacity
	date / / 22nd July 2016

Directions

1. If there are a number of substantial holders with similar or related relevant interests (e.g. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be include 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 7 of the form.

2. Se e 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.

4. The voting shares of a company constitute one class unless divided into separate classes.

5. The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.

6. The person’s votes divided by the total votes in the body corpora te or scheme multiplied by 100.

7. Include details of:

8. a. any relevant agreement or other circumstances by which the relevant interest was acquired. 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 arrangement; and

9. b. 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).

10. See the definition of “relevant agreement” in section 9 of the Corporation s Act.

11. If the substantial holder is unable to determine the identity of the person (e.g. if the relevant interest arises because of an option) write “unknown”.

12. 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.

FORM 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

Sovereign Gold Company Limited ( SOC )

ACN/ARSN

145 184 667

1. Details of substantial holder (1)

Name

Patrick Glovac

ACN/ARSN (if applicable) N/A

There was a change in the interests of the 04/12/2015 substantial holder on: The previous notice was given to the 22/07/2016 company on 22/07/2016 The previous notice was dated

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	Previous notice	Present Notice	Present Notice
	Person’s votes	Voting Power (5)	Person’s votes	Voting Power (5)
Ordinary shares	60,300,000	6.33%	294,715,998	21.08%

3. Changes in relevant issues

Particulars for 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 or scheme are as follow:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change(7)	Class and number of securities	Person’s votes affected
04 Dec 2015	Murdoch Capital Pty Ltd (Murdoch)	On-market acquisition of 20,903,751 ordinary shares by Murdoch	$63,401.07	Ordinary shares 20,903,751	20,903,751
04 Dec 2015	Kcirtap Securities Pty Ltd (Kcirtap)	On-market acquisition of 700,000 ordinary shares by Kcirtap	$1,875.60	Ordinary shares 700,000	700,000
07 Dec 2015	Murdoch	Off-market acquisition of 96,249 ordinary	$288.74	Ordinary shares 96,249	96,249

		shares by Murdoch
09 Dec 2015	Murdoch	Off-market acquisition of 12,166,667 ordinary shares by Murdoch (see Annexure A)	$34,091.00	Ordinary shares 12,166,667	12,166,667
14 Dec 2015	Syracuse Capital Pty Ltd (Syracuse)	Off-market acquisition of 13,333,333 ordinary shares by Syracuse	$40,000.00	Ordinary shares 13,333,333	13,333,333
14 Dec 2015	Syracuse	On-market acquisition of 3,289,843 ordinary shares by Syracuse	$9,869.53	Ordinary shares 3,289,843	3,289,843
14 Dec 2015	Mounts Bay Investments Pty Ltd (MBI)	Off-market acquisition of 10,000,000 ordinary shares by MBI	$30,000.00	Ordinary shares 10,000,000	10,000,000
15 Dec 2015	Syracuse	On-market acquisition of 5,466,664 ordinary shares by Syracuse	$16,399.99	Ordinary shares 5,466,664	5,466,664
16 Dec 2015	Syracuse	On-market acquisition of 15,012,721 ordinary shares by Syracuse	$45,038.16	Ordinary shares 15,012,721	15,012,721
17 Dec2015	Syracuse	On-market acquisition of 1,133,333 ordinary shares by Syracuse	$3,400.00	Ordinary shares 1,133,333	1,133,333
18 Dec2015	Syracuse	On-market acquisition of 97,439 ordinary shares by Syracuse	$292.32	Ordinary shares 97,439	97,439
18 Jan 2016	MBI	On-market acquisition of 1,275,000 ordinary shares by MBI	$3,846.04	Ordinary shares 1,275,000	1,275,000
19 Jan 2016	MBI	On-market acquisition of 1,730,191 ordinaryshares	$5,219.12	Ordinary shares 1,730,191	1,730,191

		by MBI
20 Jan 2016	MBI	On-market acquisition of 156,000ordinary shares by MBI	$470.57	Ordinary shares 156,000	156,000
11 Apr 2016	Murdoch	On-market acquisition of 12,000,000 ordinary shares by Murdoch	$36,000.00	Ordinary shares 12,000,000	12,000,000
12 Apr 2016	Murdoch	On-market acquisition of 18,000,000 ordinary shares by Murdoch	$54,000.00	Ordinary shares 18,000,000	18,000,000
12 Apr 2016	Kcirtap	On-market acquisition of 5,000,000 ordinary shares by Kcirtap	$15,000.00	Ordinary shares 5,000,000	5,000,000
12 Apr 2016	MBI	On-market acquisition of 662,567 ordinary shares by MBI	$2,097.70	Ordinary shares 662,567	662,567
13 Apr 2016	Kcirtap	On-market acquisition of 10,000,000 ordinary shares by Kcirtap	$40,000.00	Ordinary shares 10,000,000	10,000,000
13 Apr 2016	MBI	On-market acquisition of 10,000,000 ordinary shares by MBI	$40,120.93	Ordinary shares 10,000,000	10,000,000
14 Apr 2016	Syracuse	On-market acquisition of 11,406,509 ordinary shares by Syracuse	$45,626,.04	Ordinary shares 11,406,509	11,406,509
15 Apr 2016	Syracuse	On-market acquisition of 1,494,725 ordinary shares by Syracuse	$5,978.90	Ordinary shares 1,494,725	1,494,725
25 May 2016	Murdoch	Rights issue of 25,228,168 ordinary shares to Murdoch	$75,684.50	Ordinary shares 25,228,168	25,228,168
25 May 2016	Kcirtap	Rights issue of 12,000,000 ordinary shares to Kcirtap	$36,000.00	Ordinary shares 12,000,000	12,000,000

25 May 2016	Syracuse	Rights issue of 15,333,334 ordinary shares to Syracuse	$46,000.00	Ordinary shares 15,333,334	15,333,334
25 May 2016	MBI	Rights issue of 9,529,504 ordinary shares to MBI	$28,588.51	Ordinary shares 9,529,504	9,529,504
25 May 2016	Applabs	Rights issue of 18,400,000 ordinary shares to Applabs	$55,200.00	Ordinary shares 18,400,000	18,400,000

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	Person entitled to be registered as holder(8)	Nature of relevant interest (6)	Class and number of securities	Person’s votes
� Patrick Glovac � Murdoch	Murdoch	Murdoch	Murdoch is the registered holder of the shares. Patrick Glovac holds 100% of the issued capital in Murdoch.	Ordinary shares 88,298,586	88,394,835
� Patrick Glovac � Kcirtap	Kcirtap	Kcirtap	Kcirtap is the registered holder of the shares. Patrick Glovac holds 100% of the issued capital in Kcirtap.	Ordinary shares 42,000,000	42,000,000
� Syracuse � Rocco Tassone	Syracuse	Syracuse	Syracuse has been deemed to be an associate of Patrick Glovacpursuant to a declaration by the Takeovers Panel under s6571A of the Corporations Act (2001) dated 11 July 2016.	Ordinary shares 66,567,901	66,567,901
� MBI � Charles Thomas	MBI	MBI	MBI has been deemed to be an associate of Patrick Glovacpursuant to a declaration by the Takeovers Panel under s6571A of the Corporations Act (2001) dated 11 July 2016.	Ordinary shares 33,353,262	33,353,262

� Applabs Technologies Ltd (Applabs)	Applabs	Applabs	Applabs has been deemed to be an associate of Patrick Glovacpursuant to a declaration by the Takeovers Panel under s6571A of the Corporations Act (2001) dated 11 July 2016.	Ordinary shares 18,400,000	18,400,000
� Applabs	Zero Nominees Pty Ltd	Applabs	Zero Nominees Pty Ltd holds the shares as bare trustee on behalf of Applabs.	Ordinary shares 46,000,000	46,000,000

5. 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
Murdoch	Patrick Glovac holds 100% of the issued capital in Murdoch.
Kcirtap	Patrick Glovac holds 100% of the issued capital in Kcirtap.
Applabs	Applabs had an agreement, arrangement or understanding with Patrick Glovac, Rocco Tassone and Charles Thomas for the purpose of controlling or influencing the composition of the board of SOC and is associated under s 12(2)(b) of the Corporations Act. Alternatively, Applabs is acting in concert with Patrick Glovac, Rocco Tassone and Charles Thomas in relation to SOC’s affairs and is associated with them under s12(2)(c)of the Corporations Act.
Rocco Tassone	Patrick Glovac, Rocco Tassone and Charles Thomas had a shared goal of achieving control of the board of SOC, and an agreement, arrangement or understanding for the purpose of controlling or influencing the composition of the board of SOC and are associated under s 12(2)(b) of the Corporations Act. Alternatively, Patrick Glovac, Rocco Tassone and Charles Thomas are acting in concert in relation to SOC’s affairs and are associated under 12(2)(c) of the Corporations Act.
Syracuse	Rocco Tassone holds 100% of the issued capital in Syracuse.
Charles Thomas	Patrick Glovac, Rocco Tassone and Charles Thomas had a shared goal of achieving control of the board of SOC, and an agreement, arrangement or understanding for the purpose of controlling or influencing the composition of the board of SOC and are associated under s 12(2)(b) of the Corporations Act. Alternatively, Patrick Glovac, Rocco Tassone and Charles Thomas are acting in concert in relation to SOC’s affairs and are associated under 12(2)(c) of the Corporations Act.
MBI	Charles Thomas holds 100% of the issued capital in MBI.

6. Addresses

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

Name	Address
Patrick Glovac	81B Kintail Road, Applecross WA 6153
Murdoch	81B Kintail Road, Applecross WA 6153

Name	Address
Kcirtap	81B Kintail Road, Applecross WA 6153
Rocco Tassone	Suite 7, 234 Churchill Ave, Subiaco WA 6008
Syracuse	c/- DLC Accounting, Suite 6, 16 Main Street, Osborne Park WA 6017
Charles Thomas	c/- 3 Calver Place, City Beach WA 6015
MBI	c/- 3 Calver Place, City Beach WA 6015
Applabs	c/- Suite 7, 234 Churchill Avenue, Subiaco WA 6008
Zero Nominees Pty Ltd	c/- Suite 7, 234 Churchill Avenue, Subiaco WA 6008

Signature

Mr Patrick Glovac

Mr Patrick Glovac Director Print name capacity Sign here date 22nd July 2016/ /

Directions

1. If there are a number of substantial holders with similar or related relevant interests (e.g. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be include 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.

4. 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.

6. Include details of:

7. a. any relevant agreement or other circumstances by which the relevant interest was acquired. 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 arrangement; and

8. b. 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.

1. 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.

2. If the substantial holder is unable to determine the identity of the person (e.g. if the relevant interest arises because of an option) write “unknown”.

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