EMU NL — Major Shareholding Notification 2013

Apr 4, 2013

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme

ACN/ARSN

Emu Nickel NL 127 291 927

1. Details of substantial holder (1) Name ACN / ARSN (if applicable)

Gregory Hugh Steemson N/A

The holder became a substantial holder on

28 December 2012

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	Persons’ votes(5)	Voting power(6)
FullyPaid OrdinaryShares	5,399,006	5,399,006.0	12.11%
Contributing Shares (paid as to$0.03,unpaid as to$0.03)	4,788,247	2,394,123.5	5.37%
**Total **		7,793,129.5	17.48%

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:

er are as follows:
Holder of relevant interest	Nature of relevant interest(7)	Class and number of securities
G H Steemson FamilySuperannuation Fund	Relevant interest under section608(2) of the Corporations Act asGreg Steemson is joint trustee	4,596,928 fully paid ordinaryshares4,788,247 Contributing Shares(paid as to $0.03, unpaid as to$0.03)
Bullantco Pty Ltd	Relevant interest under sections608(1) and 608(3) of theCorporations Act as a result of GregSteemson being a director ofBullantco Pty Ltd and having thepower to exercise or control theexercise of votes attached to sharesheld byBullantco	802,078 fully paid ordinaryshares

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 ofsecurities	Person entitled to beregistered as holder(8)	Class and number ofsecurities
Gregory Hugh Steemson	G H SteemsonFamilySuperannuationFund	G H Steemson FamilySuperannuation Fund	4,596,928 fully paidordinary shares4,788,247 ContributingShares (paid as to $0.03,unpaid as to$0.03)
Gregory Hugh Steemson	Bullantco Pty Ltd	Bullantco Pty Ltd	802,078 fully paidordinary 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:

a substantial holder is as follows:
Holder of relevant interest	Date of acquisition	Consideration	(9)	Class and number of securities
		Cash	Non-cash
Gregory Hugh Steemson	5 April 2013	$9,031.17		301,039 Contributing Shares
Gregory Hugh Steemson	3 April 2013	$7,492.67		109,720 fully paid ordinary shares
Gregory Hugh Steemson	18 February 2013	$134,616.24		4,487,208 Contributing Shares
Gregory Hugh Steemson	18 February 2013	$54,541.30		802,078 fully paid ordinary shares
Gregory Hugh Steemson	28 December 2012	$250,000.00		3,571,428 fully paid ordinaryshares
Gregory Hugh Steemson	23 November 2012	$78,370.00		783,707 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

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

Name	Address
Mr Gregory Hugh Steemson & Mrs Barbara Fay	PO Box 674
Steemson(GH Steemson FamilySuper A/C)	Kalamunda WA 6076
Bullantco Pty Ltd	Suite 4, 20 Twickenham Road
	Burswood WA 6100

603 page 1/2 15 July 2001

Signature

print name Gregory Hugh Steemson capacity Registered holder

sign here

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DIRECTIONS

date 05 / 04 / 2013

• (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 7 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 A.

• (4) The voting shares of a company constitute one class 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) Include details of:

  • (a) any relevant agreement or other circumstances by which the relevant interest was acquired. 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.

• (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) 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.