DALAROO METALS LTD — Major Shareholding Notification 2021

Sep 27, 2021

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

	DALAROO METALS LTD
To Company Name/Scheme
ACN/ARSN	648 476 699
1. Details of substantial holder (1)
Name	SHENTON RESOURCES LIMITED
ACN/ARSN (if applicable)	152 726 595
The holder became a substantial holder on		28/9/21 being the commencement date of official quotation of Dalaroo Metals Ltd

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)
FULLY PAID ORDINARY SHARES	11.225.000	11,225,000	20.8%

shares on ASX.

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
SHENTON RESOURCES LIMITED	Shareholder - Section 608(1) of the 11,225,000 FULLY PAID ORDINARY
	Corporations Act - Registered Holder SHARES

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 are as follows:

Holder of relevant interest	Registered holder of securities		Class and number of
		as holder (8)	securities
SHENTON RESOURCES	ISHENTON RESOURCES	SHENTON RESOURCES	11,225,000 FULLY PAID
LIMITED	LIMITED	LIMITED	ORDINARY SHARES

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
		Cash	Non-cash
SHENTON RESOURCES LIMITED	20 May 2021		\$347,975	11,225,000 FULLY PAID ORDINARY SHARES

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
N/A	N/A

7. Addresses

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

Name	Address
SHENTON RESOURCES LIMITED	813 WELLINGTON ST, WEST PERTH WA 6005

Signature
BRADLF/GJ printname	capacity COMPANY SECRETARY
n here	ltlu 73 date
- DIRECTIONS

• (1) lf there are a number of su evant interests (eg. a corporation and its related corporations, or the mana d be included in an annexure to the form. lf the relevant interests of ^a red to throughout the form as a specifically named group if the membe form. bers is clearly set out in paragraph 7 of the and trustee of an equity trust), the nam persons are essentially similar, they may be of each group, with the names and addresses ial holders with similar or re
• (2) See the definition of "associate" in sect of the Corporations Act 2001
• (3) See the definition of "relevant interest" in sections 608 ons Act 2001. the Co
• (4) The voting shares of a company constitute one class unless divided into separate classes.
• (s) 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 corporate or scheme multiplied by 100.
• (7) lnclude details of:
• (a) any relevant agreement or other circumstances by which the relevant interest was acquired. lf 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
• (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 2001.

• (8) lf the substantial holder is unable to determ ine the identity of the person ( eg. if the relevant interest arises because of a n option) write "unknown".
• (9) 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 thatacquisition. 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.