DIATREME RESOURCES LIMITED — Major Shareholding Notification 2016

Jul 25, 2016

604 Page 1 of 2 15 July 2001

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

DIATREME RESOURCES LIMITED

ACN/ARSN 061 267 061

1. Details of substantial holder (1)

Name ANDREW TSANG

ACN/ARSN (if applicable)

There was a change in the interests of the substantial holder on

substantial holder on 20 / 07 / 2016 The previous notice was given to the company on 01 / 05 / 2015 The previous notice was dated 01 / 05 / 2015

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:

ompany or scheme, are as follows:
Class of securities (4)	Previous notice		Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
ORDINARY	111,536,110	13.77%	111,536,110	12.72%

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 (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
		REFER ATTACHMENT "A"

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
		REFER ATTACHMENT "A"

5. Changes in association

604 Page 2 of 2 15 July 2001

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 REFER ATTACHMENT "A"

6. Addresses

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

Name Address REFER ATTACHMENT "A"

Signature

print name ANDREW TSANG sign here

==> picture [43 x 24] intentionally omitted <==

capacity SELF date 26 / 07 / 2016

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.

• (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:

• (a) 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 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.

• (7) 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 identity of the person (eg. if the relevant interest arises because of an option) write "unknown".

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

ATTACHMENT A to Form 604 – Notice of change of interests of substantial shareholder

ANDREW TSANG – 26 JULY 2016

3

Changes in relevant interests

Date of change	Person whose	Nature of change	Consideration	Class and number of securities affected	Person’s votes affected
	relevant interest	(6)	given in
	changed		relation to change (7)
20 Jul 2016	Andrew Tsang	Reduction in voting power due to Share Purchase Plan and placement	N/A	Ordinary 38,895,600	38,895,600
20 Jul 2016	Xiang Rong (Australia) Construction Group Pty Ltd Management A/C>	Reduction in voting power due to Share Purchase Plan and placement	N/A	Ordinary 14,862,763	14,862,763
20 Jul 2016	Chunxiang Zeng	Reduction in voting power due to Share Purchase Plan and placement	N/A	Ordinary 4,600,000	4,600,000
20 Jul 2016	Lai You	Reduction in voting power due to Share Purchase Plan and placement	N/A	Ordinary 53,177,747	53,177,747

4 Present relevant interests

Holder of relevant interest	Registered holder of securities	Person entitled to be registered holder(8)	Nature of relevant interest	Class and number of securities	Person’s votes
Andrew Tsang	Andrew Tsang	Andrew Tsang	self	Ordinary 38,895,600	38,895,600
Xiang Rong (Australia) Construction Group Pty Ltd Management A/C>	Xiang Rong (Australia) Construction Group Pty Ltd Management A/C>	Xiang Rong (Australia) Construction Group Pty Ltd Management A/C>	director	Ordinary 14,862,763	14,862,763
Chunxiang Zeng	Chunxiang Zeng	Chunxiang Zeng	spouse	Ordinary 4,600,000	4,600,000
Lai You	Lai You	Lai You	mother	Ordinary 53,177,747	53,177,747

5 Changes in association

Name and ACN/ARSN(if applicable)	Nature of association
Not Applicable

6 Addresses

Name	Address
Andrew Tsang	39 Stanhope Road,Killara,NSW,2071
Xiang Rong (Australia) Construction Group Pty Ltd A/C>	Suite 1907, 109 Pitt Street, Sydney, NSW, 2000
ChunxiangZeng	39 Stanhope Road,Killara,NSW,2071
Lai You	15/2A Killara Ave,Killara,NSW,2071