CYCLIQ GROUP LTD — Major Shareholding Notification 2010

Jan 7, 2010

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company	To Company	Modena Resources Limited (Modena)
Name/Scheme
ACN/ARSN		119749 647
1. Details of substantial holder
Name		Arturus Capital Limited (Arturus)
ACN/ARSN (if
applicable)		001 001 145
There was a change in the 6 January 2010
interests of the substantial
holder on
The previous notice was given 3 February 2009
to	the company on
The previous notice was dated 3 February 2009
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 had a
relevant interest 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	Previous Notice	Present notice

Class of securities	Previous Notice	Previous Notice	Present notice	Present notice
	Person's votes	**Voting power **	Person's votes	**Voting power **
Ordinary shares	10,000,000	11.74%	16,155,352	15.25%

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 or scheme are as follows:

Date of Change	Person whose relevant interest changed	Nature of change	Consideration given in relation to change	Class and number of securities affected	Person's votes affected
6 January 2010	Arturus Capital Limited	Acquisition of relevant interests in ordinary shares in Modena under section 608(1)(a) of the Corporations Act as a result of the issue of shares to Arturus in lieu of accrued interest payable bv Modena to Arturus, in accordance with the agreement announced to the ASX on 4 January 2010 (Issue of Shares)	$0.05 per share	5,855,352 ordinary shares	5,855,352
6 January 2010	The related bodies corporate of Arturus Capital Limited listed in Annexure A	Acquisition of relevant interests in ordinary shares in Modena under section 608(3)(a) of the Corporations Act as a result of the Issue of Shares.	Not applicable	5,855,352 ordinary shares	5,855,352

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 **	Nature of relevant interest	Class and number of securities	Person's votes
Arturus Capital Limited	Arturus Capital Limited	Not applicable	Relevant interest under section 608(1)(a) of the Corporations Act.	16,155,352 ordinary shares	16,155,352
The related bodies corporate of Arturus Capital Limited listed in Annexure A	Arturus Capital Limited	Not applicable	Relevant interest under section 608(3)(a) of the Corporations Act.	16,155,352 ordinary shares	16,155,352

5. Changes in association

The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:

	Name and ACN/ARSN (ifapplicable)	Name and ACN/ARSN (ifapplicable)	Name and ACN/ARSN (ifapplicable)	**Nature of association **	**Nature of association **
	Not applicable			Not applicable
6. Addresses
The addresses of persons named in this form are as follows:
		Name			Address
		Arturus Capital Limited			Suite 1709
		ACN 001 001 145			Level 17
		and each company listed in Annexure A.			Australia Square
					264 George Street
					SydneyNSW 2000
Signature
		print name	JimStory, Company Secretary
		sign here				date	8 January 2010

Signature
	print name	JimStory, Company Secretary
	sign here		date	8 January 2010

ANNEXURE A

This is the Annexure A of one page referred to in Form 604 (Notice of change of interests of substantial holder) signed by me and dated 8 January 2010.

print name Jim Story, Company Secretary sign here Date 8 January 2010

Name	Country of Incorporation
ArturusHoldingsPtyLtd	Australia
ArturusPropertyPtyLimited	Australia
ArturusProjectPtyLimited	Australia
ArturusTradingInvestmentsPtyLimited	Australia
Arturus Jackson PtyLimited	Australia
ArturusResourcesNo.1 PtyLimited	Australia
ArturusResourcesNo. 2 PtyLimited	Australia
Arturus Resources A Limited	Australia
ArturusResourcesB Limited	Australia
ArturusIP PtyLimited	Australia
Grangewood Resources Limited	Australia