EMMERSON RESOURCES LIMITED — Major Shareholding Notification 2016

Feb 7, 2016

To: 1300135638

;0289200727

$\overline{3}$ $#$ $1/$

604 page 1/2 15 July 2001

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To., Company Name/Scheme	Ennissa Resources 111
ACN/ARGN	II7 086745
1. Details of substantial holder(1)
Name ACN/ARSN (if applicable)	Noctive Investments Lid 133439317

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

The previous notice was given to the company on 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		Present notice
	Person's votes	Voting power (5)	Person's votes!	Voting power (5)
Нτ	$\sim$ ە دە	-37.		. . ъ.

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
	71 Ш٨
स्रिए	$R$ n yn $R$

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 intorost	Registered holder of socuritios	Person entitled to be registered as holder (8)	Nature of relevant Interest (6)	Class and number of securities	Person's votes
$R^2$	$H = 1$

page 2/2 15 July 2001 604

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
.

G. Addresses

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

Ŧ Name	Address
Innstrume 199 Noon. WC	м Martin Place 2 2 エンシン MSW ालिक 311.4

Signature

capacity print name date sign here

DIRECTIONS

• 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 $\left( 1\right)$ 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 equity trust), the names could be included in an annex form.
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• See the definition of Trelevant Interest" in sections 608 and 6718(7) of the Corporations Act 2001. $(3)$
• $\left( 4\right)$ The voting shares of a company constitute one class unless divided into separate classes.
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(5)$
• Include details of: $\circ$
• any relevant agreement or other circumstances because of which the change In relevant interest occurred. If subsection 6718(4) applies, a copy of any (a) 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 c
• 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 $(b)$ 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.

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, becom'e $\langle 7\rangle$ 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 substandal 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.

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". $\langle 8 \rangle$

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

Noontide Investments Ltd (ACN 133 438 817) Annexure A to Form 604 Notice of change of interests of substantial shareholder for Emmerson Resources Ltd (ACN 117 086 745).

Changes in Relevant Interests.

Date of change 29/12/2015	Person whose relevant interest changed Noontide	Nature of change On market buy	Consideration given in relation to change \$4,253.48	Class and number of securities affected. 117,790 FPO	Persons votes affected. 117,790
	Investments Ltd "Noontide"
30/12/2015	Noontide	On market buy	\$9,732.34	269,511 FPO	269,511
31/12/2015	Noontide	On market buy	\$5,992.80	161,471 FPO	161,471
4/1/2016	Noontide	On market buv	\$1,297.13	36.947 FPO	36,947
5/1/2016	Noontide	On market buy	\$7,422.75	200,000 FPO	200,000
8/1/2016	Noontide	On market buy	\$3,009.24	98.040 FPO	98,040
11/1/2016	Noontide	On market buy	\$3,498.22	112,000 FPO	112,000
12/1/2016	Noontide	On market buy	59.524.25	313,368 FPO	313,368
13/1/2016	Noontide	On market buy	\$581.32	19,318 FPO	19,318
20/1/2016	Noontide	On market buy	\$8,420.23	279,814 FPO	279,814
21/1/2016	Noontide	On market buy	\$6,824.67	220.186 FPO	220,186
22/1/2016	Noontide	On market buy	\$6,377.78	211,941 FPO	211,941
27/1/2016	Noontide	On market buy	\$1,030.04	32,090 FPO	32,090
28/1/2016	Noontide	On market buy	\$15,683.92	494,805 FPO	494,805
29/1/2016	Noontide	On market buy	\$31,476.49	1,046,000 FPO	1,046,000
1/2/2016	Noontide	On market buy	\$7,952.29	264,264 FPO	264,264

Present relevant interests.

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder	Nature of relevant interest	Class and number of securities / Persons votes
Noontide Investments Ltd	JP Morgan Nominees Australia Ltd	JP Morgan Nominees Australia Ltd	Power to control, exercise vote, and / or dispose of securities as discretionary manager of managed investment schemes.	31,394,838 FPO

This is Annexure A referred to in Form 604 Notice of change of interests of substantial shareholder for Emmerson Resources Ltd lodged by Noontide Investments Ltd

AM.

$-$ David Croll 8/2/2016

Director Noontide Investments Ltd