EMERALD RESOURCES NL — Regulatory Filings 2021

May 4, 2021

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme	EMERALD RESOURCES NL
ACN/ARSN	009 795 046
1. Details of substantial holder (1)
Name	REALEE PTY LTD (GROUP)
ACN/ARSN (if applicable)	115 504 035

The holder became a substantial holder on 18/12/2020

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)
ORDINARY SHARES	27,575,861	27,575,861	5.35%

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
REALEE PTY LTD (GROUP)	INDIRECT	27,575,861 Ordinary Shares

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 holder (8)	Class and number of securities
REALEE PTY LTD	REALEE PTY LTD	REALEE PTY LTD	2,491,322 Ord. Shares
RYAN LEE	RYAN LEE	RYAN LEE	181,361 Ord. Shares
CHENELLE SHEN	CHENELLE SHEN	CHENELLE SHEN	169,844 Ord. Shares
SHL PTY LTD	SHL PTY LTD	SHL PTY LTD	24,733,334 Ord. 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
(REFER ATTACHED APPENDIX A)

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 applicabte)	Nature of association

7. Addresses

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

Name	Address
RE.ALEE PIY LTD (GROUP)	PO Box 2705, Cloisters Square, perth WA 6g50

Signature

print name	RYA}I LEE		capacity DIRECTOR
sign here		date	04 / OS / 2021

DIRECNONS

• (1) manager lf there are a number of substantial holders with similar or related relevanl interests (eg. a corporation and its related corporations, or the persons and trustee of an equity trust)' the names could be included in an annexure io the form. lf the relevant interests of a group of are essentially similal, they may be refened to throughout the form as a specifically nar"o !ffi it tne memuersni;;i;;;; group, with the names and addresses of members is clearly iet out in pamgrapn 7 of the form.
• (2) see the definition of 'associate" in section g of the corporations Act 2001.
• (3) See the definition of "relevant interest" in sections 608 and 6718(7) of the Corporations Act 2001.
• t4) The voting shares of a company constitute one dass 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 corporate or scheme multiplied by .100.
• (7) lnclude detaits of:
• (a) any relevant agreement or other circumstances by which the relevant interest was acquired. lf subsection 6718(4) applies, a copy of any document setting out the terms of any relevant agreement, ,nJ " "irt r"nt.by the person living fun and accurate details oi arry contract, scheme or anangement, must acc,ompany fris torm, iogetneiwittr a written stitemenicertirying this contract, scheme or anangement; and
• (b) any qualification of the power of a person to exercise, control the exercise o( or influence the exercise of, the voting powers or disposal of the securities to which ihe relevant interest l.er"t"s tinoi""iing cleirly the particutar ieeurities to which the qualification appties).

see the definilion of "relevant agreement', in section g of the corporations Act 200.1.

• (8) !,lf*?:**J""ti'l holder is unable to determine the identity of the person { eg. if the retevant interest arises because of an option) write
• (9) Details of the consideration must include any and all benefits, money and other, that any pe6on from whom a relevant interest was the acquired happening has, or may, become entitled to re&ive in relalion 6 th;i;cqui"itionl o"t il. mList be inauaeo even if the benefit is conditionat on relation or not of a contingency. Details must be included ot a"v-ue"eii paid on behalf of the substantial holder or ib associate in to the acquisitions, even if they are not paid oirectry to ure pe[* iro, the relevant inler."i*". acquired.

DATE	ORDINARY SHARES	QTY	TOTAL COST
27/11/2020	EMR	41,288	\$ 25,814.50
27/11/2020	EMR	120,607	\$ 77,197.98
1/12/2020	EMR	50,000	\$ 29,009.50
2/12/2020	EMR	10,000	\$ 6,109.50
8/12/2020	EMR	136,924	\$ 87,640.86
9/12/2020	EMR	152,798	\$ 99,328.20
9/12/2020	EMR	164,992	\$ 107,023.31
14/12/2020	EMR	60,000	\$ 39,009.50
14/12/2020	EMR	100,000	\$ 65,009.50
14/12/2020	EMR	105,312	\$ 68,883.55
18/12/2020	EMR	77,228	\$ 53,296.82
24/12/2020	EMR	157,196	\$ 110,824.66
30/12/2020	EMR	156,446	\$ 134,897.24
30/12/2020	EMR	51,485	\$ 44,544.03
31/12/2020	EMR	348,861	\$ 291,308.44
8/01/2021	EMR	110,000	\$ 97,879.47
13/01/2021	EMR	62,954	\$ 50,243.14
25/01/2021	EMR	76,139	\$ 59,397.92
27/01/2021	EMR	15,371	\$ 11,845.17
3/02/2021	EMR	188,870	\$ 157,670.43
8/02/2021	EMR	63,291	\$ 51,689.58
18/02/2021	EMR	41,560	\$ 31,595.06
3/03/2021	EMR	100,000	\$ 76,509.50
5/03/2021	EMR	100,000	\$ 76,009.50
		2,491,322	\$ 1,852,737.36

REALEE PTY LTD:

RYAN LEE:

DATE	ORDINARY SHARES	QTY		TOTAL COST
29/12/2020	EMR	25,302	\$	18,498.11
18/01/2021	EMR	43,191	\$	34,802.70
27/01/2021	EMR	3,050	\$	2,353.20
3/02/2021	EMR	6,604	\$	5,448.30
8/02/2021	EMR	4,861	\$	3,933.06
9/02/2021	EMR	21,392	\$	17,230.56
10/02/2021	EMR	4,802	\$	3,865.61
15/02/2021	EMR	20,547	\$	15,029.26
29/03/2021	EMR	40,324	\$	31,288.60
31/03/2021	EMR	11,288	\$	8,758.71
		181,361	\$	141,208.11

CHENELLE SHEN:
DATE	ORDINARY SHARES	QTY	TOTAL COST
30/11/2020	EMR	39,683	\$ 25,027.58
11/12/2020	EMR	17,615	\$ 11,303.55
22/12/2020	EMR	60,510	\$ 41,179.76
29/12/2020	EMR	52,036	\$ 38,292.35
		169,844	\$ 115,803.24

SHL PTY LTD:
DATE	ORDINARY SHARES	QTY	CAPITAL RECON.
27/03/2020	EMR	24,733,334	CONSOLIDATION